Slovakia: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Slovakia

The Slovak market for buckets, shovels, grabs and grips for ships’ derricks and cranes fell sharply to $X in 2022, reducing by -65% against the previous year. Overall, consumption showed a noticeable decrease. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Slovakia

In value terms, ship derrick buckets and shovels production contracted rapidly to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by 77%. As a result, production reached the peak level of $X, and then declined markedly in the following year.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports from Slovakia

Ship derrick buckets and shovels exports from Slovakia surged to X units in 2022, picking up by 24% against 2021. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 80% 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 the immediate term.

In value terms, ship derrick buckets and shovels exports soared to $X in 2022. Overall, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 68%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Sweden (X units), Austria (X units) and the Netherlands (X units) were the main destinations of ship derrick buckets and shovels exports from Slovakia, together accounting for 84% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +499.2%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Austria ($X) and Slovenia ($X) constituted the largest markets for ship derrick buckets and shovels exported from Slovakia worldwide, with a combined 81% share of total exports.

Sweden, with a CAGR of +462.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for buckets, shovels, grabs and grips for ships’ derricks and cranes amounted to $X per unit, growing by 2.8% against the previous year. In general, the export price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 11%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Germany ($X per unit), while the average price for exports to the Netherlands ($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 Slovenia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports into Slovakia

Ship derrick buckets and shovels imports into Slovakia dropped slightly to X units in 2022, with a decrease of -1.6% compared with the previous year. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 118%. Over the period under review, imports reached the peak figure at X units in 2021, and then reduced slightly in the following year.

In value terms, ship derrick buckets and shovels imports surged to $X in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 99%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Czech Republic (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of ship derrick buckets and shovels imports to Slovakia, together comprising 51% of total imports. Italy, the UK, Austria, Sweden, Belgium, Poland and Hungary lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +93.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of buckets, shovels, grabs and grips for ships’ derricks and cranes to Slovakia, comprising 29% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Czech Republic stood at +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+78.2% per year) and Germany (-7.6% per year).

Import Prices by Country

The average import price for buckets, shovels, grabs and grips for ships’ derricks and cranes stood at $X per unit in 2022, increasing by 18% against the previous year. Overall, the import price, however, showed a deep downturn. The import price peaked at $X per unit in 2012; however, from 2013 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 Sweden ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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