Slovakia: Market for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type 2024

Market Size for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type in Slovakia

The Slovak market for elevators and conveyors other than pneumatic, belt- or bucket-type contracted rapidly to $X in 2022, which is down by X% against the previous year. In general, consumption showed a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type in Slovakia

In value terms, production of elevators and conveyors other than pneumatic, belt- or bucket-type skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed buoyant growth. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type

Exports from Slovakia

Exports of elevators and conveyors other than pneumatic, belt- or bucket-type from Slovakia soared to X units in 2022, increasing by X% compared with 2021 figures. Over the period under review, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type surged to $X in 2022. In general, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units), Germany (X units) and the United Arab Emirates (X units) were the main destinations of exports of elevators and conveyors other than pneumatic, belt- or bucket-type from Slovakia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the Czech Republic ($X) and Germany ($X) constituted the largest markets for elevators and conveyors other than pneumatic, belt- or bucket-type exported from Slovakia worldwide, together comprising X% of total exports. The United Arab Emirates, the UK and Austria lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for elevators and conveyors other than pneumatic, belt- or bucket-type stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Germany ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type

Imports into Slovakia

Imports of elevators and conveyors other than pneumatic, belt- or bucket-type into Slovakia shrank notably to X units in 2022, reducing by X% against the previous year's figure. Overall, imports, however, recorded pronounced growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type dropped significantly to $X in 2022. In general, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of elevators and conveyors other than pneumatic, belt- or bucket-type to Slovakia, accounting for a X% share of total imports. Moreover, imports of elevators and conveyors other than pneumatic, belt- or bucket-type from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) constituted the largest supplier of elevators and conveyors other than pneumatic, belt- or bucket-type to Slovakia, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($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 stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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