Slovakia: Laser Market 2024

Laser Market Size in Slovakia

The Slovak laser market stood at $X in 2022, approximately reflecting the previous year. In general, the total consumption indicated tangible growth 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, consumption decreased by X% against 2020 indices. Laser consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Laser Production in Slovakia

In value terms, laser production stood at $X in 2022 estimated in export price. Overall, the total production indicated measured growth 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Laser production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Laser Exports

Exports from Slovakia

In 2022, laser exports from Slovakia reduced dramatically to X units, shrinking by X% on 2021. Over the period under review, exports, however, continue to indicate temperate growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then fell sharply in the following year.

In value terms, laser exports reduced sharply to $X in 2022. In general, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

China (X units), the UK (X units) and the United States (X units) were the main destinations of laser exports from Slovakia, with a combined X% share of total exports. Japan, Australia, India, Germany, Switzerland, Mexico, Iraq, Poland, Italy and Jordan lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for laser exported from Slovakia were the UK ($X), the United States ($X) and Australia ($X), together accounting for X% of total exports. India, China, Japan, Germany, Switzerland, Italy, Mexico, Iraq, Jordan and Poland lagged somewhat behind, together accounting for a further X%.

Mexico, 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 laser export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price 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, laser export price decreased by X% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

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

Laser Imports

Imports into Slovakia

In 2022, the amount of lasers, other than laser diodes imported into Slovakia soared to X units, rising by X% on the previous year. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, laser imports rose rapidly to $X in 2022. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest laser supplier to Slovakia, with a X% share of total imports. Moreover, laser imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), fourfold. The third position in this ranking was held by Mexico (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Mexico (X% per year).

In value terms, Germany ($X) constituted the largest supplier of lasers, other than laser diodes to Slovakia, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average laser import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 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 Mexico ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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