Slovakia: Self-Propelled Boring Machinery Market 2022

Self-Propelled Boring Machinery Market Size in Slovakia

The Slovak self-propelled boring machinery market surged to $X in 2021, with an increase of X% against the previous year. Over the period under review, consumption recorded strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Self-Propelled Boring Machinery Production in Slovakia

In value terms, self-propelled boring machinery production stood at $X in 2021 estimated in export price. In general, production showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Self-Propelled Boring Machinery Exports

Exports from Slovakia

Self-propelled boring machinery exports from Slovakia dropped dramatically to X units in 2021, which is down by -X% against 2020 figures. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2020, and then shrank rapidly in the following year.

In value terms, self-propelled boring machinery exports contracted to $X in 2021. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units), Denmark (X units) and Spain (X units) were the main destinations of self-propelled boring machinery exports from Slovakia, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X) remains the key foreign market for self-propelled boring machinery exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Spain (X% per year).

Export Prices by Country

In 2021, the average self-propelled boring machinery export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price showed strong growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Boring Machinery Imports

Imports into Slovakia

In 2021, the amount of self-propelled boring or sinking machinery imported into Slovakia surged to X units, rising by X% on the previous year's figure. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, self-propelled boring machinery imports skyrocketed to $X in 2021. In general, imports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Belgium (X units) constituted the largest self-propelled boring machinery supplier to Slovakia, with a X% share of total imports. Moreover, self-propelled boring machinery imports from Belgium exceeded the figures recorded by the second-largest supplier, Austria (X units), tenfold. The third position in this ranking was occupied by Latvia (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Latvia (X% per year).

In value terms, the largest self-propelled boring machinery suppliers to Slovakia were Austria ($X), Belgium ($X) and the Czech Republic ($X), together comprising X% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average self-propelled boring machinery import price amounted to $X per unit, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform