Slovakia: Laundry Machine Market 2024

Laundry Machine Market Size in Slovakia

The Slovak laundry machine market dropped slightly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent increase. Laundry machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Laundry Machine Production in Slovakia

In value terms, laundry machine production rose modestly to $X in 2022 estimated in export price. Overall, the total production indicated a noticeable increase 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 2015 when the production volume increased by X% against the previous year. Laundry machine production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Laundry Machine Exports

Exports from Slovakia

For the fifth consecutive year, Slovakia recorded growth in shipments abroad of washing, bleaching or dyeing machines, which increased by X% to X units in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, laundry machine exports skyrocketed to $X in 2022. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to Tunisia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Romania (X% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for washing, bleaching or dyeing machines exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports. It was followed by Ukraine, with an X% share.

From 2012 to 2022, 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: Tunisia (X% per year) and Ukraine (X% per year).

Export Prices by Country

The average laundry machine export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Italy ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Laundry Machine Imports

Imports into Slovakia

In 2022, imports of washing, bleaching or dyeing machines into Slovakia surged to X units, picking up by X% against the previous year. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, laundry machine imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a deep setback. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Turkey (X units) and the Czech Republic (X units) were the main suppliers of laundry machine imports to Slovakia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Turkey ($X) were the largest laundry machine suppliers to Slovakia, with a combined X% share of total imports. Spain, Hungary, Austria, France, Belgium, Luxembourg and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, France, with a CAGR of X%, saw the highest growth rate of 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 2022, the average laundry machine import price amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, saw a abrupt decline. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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