Slovakia: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Slovakia

In 2023, the Slovak cable-making machine market increased by X% to $X for the first time since 2019, thus ending a three-year declining trend. In general, consumption enjoyed a slight increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Cable-Making Machine Production in Slovakia

In value terms, cable-making machine production declined to $X in 2023 estimated in export price. Over the period under review, production, however, saw a significant expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Cable-Making Machine Exports

Exports from Slovakia

In 2023, cable-making machine exports from Slovakia declined notably to X units, waning by X% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2022, and then dropped notably in the following year.

In value terms, cable-making machine exports declined markedly to $X in 2023. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia (X units) was the main destination for cable-making machine exports from Slovakia, accounting for a X% share of total exports. Moreover, cable-making machine exports to Tunisia exceeded the volume sent to the second major destination, Morocco (X units), more than tenfold. The third position in this ranking was held by Ukraine (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Tunisia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Ukraine (X% per year).

In value terms, Tunisia ($X) emerged as the key foreign market for rope or cable-making machines exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Tunisia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Morocco (X% per year).

Export Prices by Country

The average cable-making machine export price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2023, the average export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cable-Making Machine Imports

Imports into Slovakia

In 2023, supplies from abroad of rope or cable-making machines increased by X% to X units, rising for the third year in a row after four years of decline. Overall, imports, however, showed a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, cable-making machine imports surged to $X in 2023. In general, imports posted temperate growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

France (X units), Germany (X units) and China (X units) were the main suppliers of cable-making machine imports to Slovakia, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cable-making machine suppliers to Slovakia were Germany ($X), France ($X) and China ($X), together comprising X% of total imports. Turkey, Tunisia, the Czech Republic, Italy and Switzerland lagged somewhat behind, together comprising a further X%.

Turkey, 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 more modest paces of growth.

Import Prices by Country

In 2023, the average cable-making machine import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform