Slovakia: Integrated Circuit Market Overview 2020

Integrated Circuit Market Size in Slovakia

The revenue of the integrated circuit market in Slovakia amounted to $X in 2018, growing by X% against the previous year. In general, integrated circuit consumption continues to indicate a resilient expansion. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. Over the period under review, the integrated circuit market reached its maximum level in 2018 and is likely to continue its growth in the immediate term.

Integrated Circuit Production in Slovakia

In value terms, integrated circuit production stood at $X in 2018 estimated in export prices. Over the period under review, integrated circuit production, however, continues to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, integrated circuit production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Integrated Circuit Exports

Exports from Slovakia

In 2018, the amount of electronic integrated circuits and microassemblies exported from Slovakia amounted to X units, picking up by X% against the previous year. Overall, integrated circuit exports continue to indicate a resilient increase. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, integrated circuit exports reached their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, integrated circuit exports totaled $X in 2018. Over the period under review, integrated circuit exports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, integrated circuit exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Austria (X units) was the main destination for integrated circuit exports from Slovakia, accounting for a X% share of total exports. Moreover, integrated circuit exports to Austria exceeded the volume sent to the second major destination, China (X units), ninefold. The third position in this ranking was occupied by Malaysia (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Austria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Malaysia (+X% per year).

In value terms, Germany ($X) remains the key foreign market for integrated circuit exports from Slovakia, comprising X% of total integrated circuit exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-X% per year) and China (+X% per year).

Export Prices by Country

The average integrated circuit export price stood at $X per unit in 2018, dropping by -X% against the previous year. Over the period under review, the integrated circuit export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. In that year, the average export prices for electronic integrated circuits and microassemblies attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices for electronic integrated circuits and microassemblies failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced a decline.

Integrated Circuit Imports

Imports into Slovakia

In 2018, the imports of electronic integrated circuits and microassemblies into Slovakia amounted to X units, surging by X% against the previous year. In general, integrated circuit imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, integrated circuit imports attained their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, integrated circuit imports totaled $X in 2018. Overall, the total imports indicated measured growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, integrated circuit imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2010; however, from 2011 to 2018, imports remained at a lower figure.

Imports by Country

China, Hong Kong SAR (X units), Japan (X units) and Taiwan, Chinese (X units) were the main suppliers of integrated circuit imports to Slovakia, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Taiwan, Chinese ($X) constituted the largest integrated circuit suppliers to Slovakia, together accounting for X% of total imports.

South Korea recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average integrated circuit import price amounted to $X per unit, dropping by -X% against the previous year. Over the period under review, the integrated circuit import price continues to indicate a deep descent. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. Over the period under review, the average import prices for electronic integrated circuits and microassemblies reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per unit), while the price for China, Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform