Slovakia: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Slovakia

The Slovak continuous-action elevators and conveyors market reduced markedly to $X in 2022, falling by X% against the previous year. In general, consumption, however, showed significant growth. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Continuous-Action Elevators And Conveyors in Slovakia

In value terms, continuous-action elevators and conveyors production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, posted buoyant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Continuous-Action Elevators And Conveyors

Exports from Slovakia

In 2022, shipments abroad of continuous-action elevators and conveyors decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then reduced slightly in the following year.

In value terms, continuous-action elevators and conveyors exports declined to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Germany (X units), Switzerland (X units) and Russia (X units) were the main destinations of continuous-action elevators and conveyors exports from Slovakia, together comprising X% of total exports. Luxembourg, Austria, the Czech Republic, the United Arab Emirates, the United States, the UK, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Germany ($X) and Russia ($X) appeared to be the largest markets for continuous-action elevators and conveyors exported from Slovakia worldwide, with a combined X% share of total exports. The Czech Republic, the United States, Luxembourg, the UK, the Netherlands, Austria, the United Arab Emirates and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Luxembourg, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Slovakia

In 2022, the amount of continuous-action elevators and conveyors imported into Slovakia reduced to X units, falling by X% compared with the year before. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors imports dropped rapidly to $X in 2022. In general, imports, however, showed a pronounced increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of continuous-action elevators and conveyors to Slovakia, with a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from Germany exceeded the figures recorded by the second-largest supplier, South Korea (X units), tenfold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and France (X% per year).

In value terms, Germany ($X) constituted the largest supplier of continuous-action elevators and conveyors to Slovakia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average continuous-action elevators and conveyors import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price showed a abrupt downturn. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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