Slovakia: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Slovakia

The Slovak meat-preparation industrial machinery market dropped rapidly to $X in 2022, reducing by X% against the previous year. In general, consumption saw a perceptible contraction. Meat-preparation industrial machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Meat-Preparation Industrial Machinery Production in Slovakia

In value terms, meat-preparation industrial machinery production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a remarkable increase. The growth pace was the most rapid in 2018 when the production volume increased by X%. Meat-preparation industrial machinery production peaked in 2022 and is likely to see steady growth in the immediate term.

Meat-Preparation Industrial Machinery Exports

Exports from Slovakia

In 2022, the amount of industrial machinery for the preparation of meat or poultry exported from Slovakia skyrocketed to X units, rising by X% on the previous year. In general, exports saw prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, meat-preparation industrial machinery exports surged to $X in 2022. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for meat-preparation industrial machinery exports from Slovakia, accounting for a X% share of total exports. Moreover, meat-preparation industrial machinery exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. The third position in this ranking was held by Romania (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Romania (X% per year).

In value terms, the largest markets for meat-preparation industrial machinery exported from Slovakia were the United States ($X), the Netherlands ($X) and Denmark ($X), together accounting for X% of total exports.

The United States, with a CAGR of X%, saw 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

The average meat-preparation industrial machinery export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United States ($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 Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Meat-Preparation Industrial Machinery Imports

Imports into Slovakia

In 2022, imports of industrial machinery for the preparation of meat or poultry into Slovakia reached X units, flattening at the year before. In general, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, meat-preparation industrial machinery imports reduced to $X in 2022. Overall, imports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Italy (X units) and the Czech Republic (X units) were the main suppliers of meat-preparation industrial machinery imports to Slovakia, together comprising X% of total imports. The Netherlands, Hungary, Serbia and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat-preparation industrial machinery suppliers to Slovakia were Germany ($X), the Czech Republic ($X) and Italy ($X), with a combined X% share of total imports. The Netherlands, Hungary, Poland and Serbia lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat-preparation industrial machinery import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average 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 Germany ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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