Slovakia: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Slovakia

In 2020, the Slovak market for iron or steel leaf-springs and leaves decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. In general, consumption continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Production of Iron Or Steel Leaf-Springs And Leaves in Slovakia

In value terms, production of iron or steel leaf-springs and leaves declined sharply to $X in 2020 estimated in export prices. In general, production saw a sharp slump. Production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Slovakia

In 2020, shipments abroad of iron or steel leaf-springs and leaves increased by X% to X tons for the first time since 2015, thus ending a four-year declining trend. In general, exports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2011 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of iron or steel leaf-springs and leaves expanded markedly to $X in 2020. Over the period under review, exports, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2011 to 2020, the growth of exports remained at a somewhat lower figure.

Exports by Country

Algeria (X tons), Germany (X tons) and the Czech Republic (X tons) were the main destinations of exports of iron or steel leaf-springs and leaves from Slovakia, with a combined X% share of total exports. These countries were followed by Poland and Mexico, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for iron or steel leaf-spring and leave exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Algeria, with a X% share.

From 2007 to 2020, 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: the Czech Republic (-X% per year) and Algeria (X% per year).

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Slovakia

In 2020, approx. X tons of iron or steel leaf-springs and leaves were imported into Slovakia; dropping by -X% against 2019 figures. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of iron or steel leaf-springs and leaves declined dramatically to $X in 2020. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tons) constituted the largest supplier of iron or steel leaf-spring and leave to Slovakia, with a X% share of total imports. Moreover, imports of iron or steel leaf-springs and leaves from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-X% per year) and Austria (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel leaf-spring and leave to Slovakia, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2020, 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: France (+X% per year) and the Czech Republic (-X% per year).

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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