Slovakia: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Slovakia

The Slovak inflator system airbag market fell slightly to $X in 2022, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, leveling off in the following year.

Inflator System Airbag Exports

Exports from Slovakia

In 2022, overseas shipments of airbags with inflator system and parts thereof were finally on the rise to reach X tons after two years of decline. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,174% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, inflator system airbag exports soared to $X in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 1,015% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for inflator system airbag exports from Slovakia, accounting for a 51% share of total exports. Moreover, inflator system airbag exports to Russia exceeded the volume sent to the second major destination, Argentina (X tons), twofold. Poland (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +181.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+35.6% per year) and Poland (+87.3% per year).

In value terms, Russia ($X) remains the key foreign market for airbags with inflator system and parts thereof exports from Slovakia, comprising 48% of total exports. The second position in the ranking was taken by Argentina ($X), with a 22% share of total exports. It was followed by Austria, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +191.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+37.6% per year) and Austria (-44.8% per year).

Export Prices by Country

The average inflator system airbag export price stood at $X per ton in 2022, shrinking by -19.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 50% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Inflator System Airbag Imports

Imports into Slovakia

In 2022, supplies from abroad of airbags with inflator system and parts thereof increased by 1% to X tons, rising for the second consecutive year after three years of decline. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, inflator system airbag imports totaled $X in 2022. The total import value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 17%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Poland (X tons), Hungary (X tons) and Germany (X tons) were the main suppliers of inflator system airbag imports to Slovakia, together accounting for 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +190.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest inflator system airbag suppliers to Slovakia were Germany ($X), Poland ($X) and Hungary ($X), with a combined 66% share of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +120.4%, recorded 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

The average inflator system airbag import price stood at $X per ton in 2022, flattening at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 29%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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