Slovakia: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Slovakia

The Slovak metal advertising sign market dropped to $X in 2020, waning by X% against the previous year. Overall, consumption, however, recorded a measured increase. As a result, consumption reached the peak level of $X. From 2016 to 2020, the growth of the market remained at a lower figure.

Metal Advertising Sign Production in Slovakia

In value terms, metal advertising sign production expanded slightly to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Metal advertising sign production peaked in 2020 and is likely to continue growth in the immediate term.

Metal Advertising Sign Exports

Exports from Slovakia

In 2020, exports of metal advertising signs from Slovakia declined remarkably to X tons, reducing by X% against the previous year's figure. Over the period under review, exports saw a mild decrease. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

In value terms, metal advertising sign exports fell significantly to $X in 2020. In general, total exports indicated a notable increase from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Austria (X tons) was the main destination for metal advertising sign exports from Slovakia, with a X% share of total exports. Moreover, metal advertising sign exports to Austria exceeded the volume sent to the second major destination, the Czech Republic (X tons), fourfold. Hungary (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Hungary (X% per year).

In value terms, Austria ($X) remains the key foreign market for metal advertising signs exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2020, the average annual growth rate of value to Austria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Hungary (X% per year).

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, jumping by X% against the previous year. Over the period under review, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Slovakia

In 2020, imports of metal advertising signs into Slovakia declined rapidly to X tons, with a decrease of X% compared with the year before. In general, imports showed a perceptible setback. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, metal advertising sign imports fell remarkably to $X in 2020. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of metal advertising sign imports to Slovakia, together accounting for X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the Czech Republic ($X) and China ($X) were the largest metal advertising sign suppliers to Slovakia, together comprising X% of total imports. Poland lagged somewhat behind, accounting for a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal advertising sign import price stood at $X per ton in 2020, reducing by X% against the previous year. Overall, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2019, and then fell notably in the following year.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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