Slovakia: Amplifier Market 2024

Amplifier Market Size in Slovakia

In 2022, the Slovak amplifier market decreased by -38.6% to $X, falling for the second consecutive year after two years of growth. Overall, consumption saw a perceptible reduction. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Amplifier Production in Slovakia

In value terms, amplifier production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. Amplifier production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Amplifier Exports

Exports from Slovakia

For the third year in a row, Slovakia recorded growth in shipments abroad of amplifiers, which increased by 22% to X units in 2022. Over the period under review, exports enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 55% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, amplifier exports surged to $X in 2022. Overall, exports showed notable growth. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X units) was the main destination for amplifier exports from Slovakia, accounting for a 54% share of total exports. Moreover, amplifier exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), twofold. Spain (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+5.5% per year) and Spain (+209.7% per year).

In value terms, Germany ($X) emerged as the key foreign market for amplifiers exports from Slovakia, comprising 50% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 24% share of total exports. It was followed by Austria, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+4.9% per year) and Austria (+94.9% per year).

Export Prices by Country

In 2022, the average amplifier export price amounted to $X per unit, which is down by -5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2015 an increase of 20%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Portugal ($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 Poland (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Amplifier Imports

Imports into Slovakia

In 2022, purchases abroad of amplifiers decreased by -50.7% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 63%. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, amplifier imports fell to $X in 2022. In general, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Spain (X units) and Germany (X units) were the main suppliers of amplifier imports to Slovakia, with a combined 82% share of total imports. Morocco, Hungary, Poland and Malaysia lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +241.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), China ($X) and Germany ($X) were the largest amplifier suppliers to Slovakia, with a combined 78% share of total imports. Hungary, Morocco, Poland and Malaysia lagged somewhat behind, together comprising a further 15%.

In terms of the main suppliers, Morocco, with a CAGR of +232.8%, 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

The average amplifier import price stood at $X per unit in 2022, surging by 73% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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