Slovakia: Market for Iron Or Steel Towers And Lattice Masts 2024

Market Size for Iron Or Steel Towers And Lattice Masts in Slovakia

In 2023, the Slovak iron or steel towers market was finally on the rise to reach $X after two years of decline. In general, consumption continues to indicate a moderate expansion. Iron or steel towers consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Production of Iron Or Steel Towers And Lattice Masts in Slovakia

In value terms, iron or steel towers production totaled $X in 2023 estimated in export price. Overall, production showed buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Iron or steel towers production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Exports of Iron Or Steel Towers And Lattice Masts

Exports from Slovakia

In 2023, exports of iron or steel towers and lattice masts from Slovakia was estimated at X tons, standing approx. at the previous year's figure. Overall, total exports indicated a mild expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to continue growth in years to come.

In value terms, iron or steel towers exports surged to $X in 2023. In general, exports enjoyed a pronounced increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for iron or steel towers exports from Slovakia, accounting for a X% share of total exports. Moreover, iron or steel towers exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany totaled X%. 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, Germany ($X) remains the key foreign market for iron or steel towers and lattice masts exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with an X% share of total exports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany stood at X%. 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).

Export Prices by Country

The average iron or steel towers export price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 more modest paces of growth.

Imports of Iron Or Steel Towers And Lattice Masts

Imports into Slovakia

In 2023, approx. X tons of iron or steel towers and lattice masts were imported into Slovakia; declining by X% against the year before. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, iron or steel towers imports dropped markedly to $X in 2023. Overall, imports recorded a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and the United States (X tons) were the main suppliers of iron or steel towers imports to Slovakia, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of iron or steel towers and lattice masts to Slovakia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average iron or steel towers import price amounted to $X per ton, rising by X% against the previous year. In general, the import price posted a pronounced expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform