Slovakia: Transportation Vehicle Body Market 2025

Transportation Vehicle Body Market Size in Slovakia

For the third consecutive year, the Slovak transportation vehicle body market recorded growth in sales value, which increased by 13% to $X in 2022. Overall, consumption continues to indicate a significant increase. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the near future.

Transportation Vehicle Body Production in Slovakia

In value terms, transportation vehicle body production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 72%. Transportation vehicle body production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Transportation Vehicle Body Exports

Exports from Slovakia

Transportation vehicle body exports from Slovakia dropped dramatically to X units in 2022, which is down by -50.5% on the year before. Over the period under review, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 102%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, transportation vehicle body exports skyrocketed to $X in 2022. Overall, exports showed a precipitous decline. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for transportation vehicle body exports from Slovakia, accounting for a 63% share of total exports. Moreover, transportation vehicle body exports to the UK exceeded the volume sent to the second major destination, Germany (X units), twofold. Hungary (X units) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +61.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-37.4% per year) and Hungary (+39.3% per year).

In value terms, Germany ($X) remains the key foreign market for bodies for motor vehicles for the transporting people exports from Slovakia, comprising 86% of total exports. The second position in the ranking was held by Hungary ($X), with a 2.8% share of total exports. It was followed by the UK, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+31.9% per year) and the UK (+34.0% per year).

Export Prices by Country

In 2022, the average transportation vehicle body export price amounted to $X per unit, jumping by 776% against the previous year. Over the period under review, the export price, however, faced a precipitous setback. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the UK ($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 Hungary (-5.3%), while the prices for the other major destinations experienced a decline.

Transportation Vehicle Body Imports

Imports into Slovakia

In 2022, supplies from abroad of bodies for motor vehicles for the transporting people increased by 598% to X units, rising for the third consecutive year after two years of decline. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body imports soared to $X in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 3,393%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the Czech Republic (X units) was the main transportation vehicle body supplier to Slovakia, accounting for a 98% share of total imports. It was followed by Poland (X units), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic stood at +86.7%.

In value terms, the Czech Republic ($X) constituted the largest supplier of bodies for motor vehicles for the transporting people to Slovakia, comprising 92% of total imports. The second position in the ranking was held by Poland ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to +77.6%.

Import Prices by Country

The average transportation vehicle body import price stood at $X per unit in 2022, which is down by -75.7% against the previous year. Overall, the import price, however, saw a resilient increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 518%. The import price peaked at $X per unit in 2021, and then fell rapidly in the following year.

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 the Czech Republic ($X per unit), while the price for Poland totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.7%).

Source: IndexBox Platform

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