Slovakia: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Slovakia

After ten years of growth, the Slovak hydraulic automatic regulators market decreased by X% to $X in 2022. Overall, consumption posted a resilient increase. As a result, consumption reached the peak level of $X, and then declined notably in the following year.

Hydraulic Automatic Regulators Production in Slovakia

In value terms, hydraulic automatic regulators production surged to $X in 2022 estimated in export price. In general, production, however, saw a dramatic downturn. Hydraulic automatic regulators production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Hydraulic Automatic Regulators Exports

Exports from Slovakia

After two years of decline, overseas shipments of hydraulic or pneumatic automatic regulating instruments increased by X% to X units in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, hydraulic automatic regulators exports skyrocketed to $X in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X units) was the main destination for hydraulic automatic regulators exports from Slovakia, accounting for a X% share of total exports. Moreover, hydraulic automatic regulators exports to Hong Kong SAR exceeded the volume sent to the second major destination, Austria (X units), threefold. The Czech Republic (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and the Czech Republic (X% per year).

In value terms, the largest markets for hydraulic automatic regulators exported from Slovakia were Sweden ($X), Hong Kong SAR ($X) and China ($X), with a combined X% share of total exports.

China, with a CAGR of X.6%, recorded the highest growth rate of 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

In 2022, the average hydraulic automatic regulators export price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. 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 reached the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Spain ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports into Slovakia

In 2022, hydraulic automatic regulators imports into Slovakia surged to X units, increasing by X% against 2021 figures. Overall, imports, however, faced a dramatic shrinkage. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, hydraulic automatic regulators imports reduced to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Poland (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of hydraulic automatic regulators imports to Slovakia, together accounting for X% of total imports. Hungary, France, the Netherlands, Austria and the UK lagged somewhat behind, together accounting for a further X%.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of hydraulic or pneumatic automatic regulating instruments to Slovakia, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2020 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 Czech Republic (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average hydraulic automatic regulators import price amounted to $X per unit, declining by X% against the previous year. In general, the import price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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