Slovakia: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Slovakia

After three years of growth, the Slovak way-type unit head market decreased by -X% to $X in 2021. Over the period under review, consumption, however, recorded measured growth. As a result, consumption reached the peak level of $X, and then shrank dramatically in the following year.

Way-Type Unit Head Production in Slovakia

In value terms, way-type unit head production dropped notably to $X in 2021 estimated in export price. In general, production, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Way-Type Unit Head Exports

Exports from Slovakia

In 2021, shipments abroad of way-type unit heads for working metal decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, way-type unit head exports fell dramatically to $X in 2021. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for way-type unit head exports from Slovakia, with a X% share of total exports. It was followed by Hungary (X kg), with less than X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic stood at +X%.

In value terms, the Czech Republic ($X) remains the key foreign market for way-type unit head exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic totaled +X%.

Export Prices by Country

In 2021, the average way-type unit head export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+X%).

Way-Type Unit Head Imports

Imports into Slovakia

Way-type unit head imports into Slovakia reduced dramatically to X tons in 2021, with a decrease of -X% against the previous year's figure. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, way-type unit head imports contracted significantly to $X in 2021. In general, imports showed a deep setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of way-type unit head imports to Slovakia, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +X%), while imports for the other leaders experienced a decline.

In value terms, the largest way-type unit head suppliers to Slovakia were Italy ($X), the Czech Republic ($X) and the Netherlands ($X), together comprising X% of total imports.

Among the main suppliers, Italy, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average way-type unit head import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :