Slovakia: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Slovakia

The Slovak centrifugal clothes-dryer market shrank notably to $X in 2021, falling by -17.4% against the previous year. Overall, consumption faced a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Production in Slovakia

In value terms, centrifugal clothes-dryer production stood at $X in 2021 estimated in export price. In general, production showed a precipitous decline. The pace of growth was the most pronounced in 2015 when the production volume decreased by -4.2%. Centrifugal clothes-dryer production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Slovakia

After three years of decline, shipments abroad of centrifugal clothes-dryers increased by 12% to X units in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 2,959% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, centrifugal clothes-dryer exports reached $X in 2021. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 2,429% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for centrifugal clothes-dryer exports from Slovakia, with a 88% share of total exports. Moreover, centrifugal clothes-dryer exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X units), tenfold. The third position in this ranking was taken by Serbia (X units), with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic amounted to +119.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+43.5% per year) and Serbia (0.0% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for centrifugal clothes-dryers exports from Slovakia, comprising 89% of total exports. The second position in the ranking was held by Hungary ($X), with a 9.8% share of total exports. It was followed by Germany, with a 0.4% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic totaled +108.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+44.4% per year) and Germany (-79.6% per year).

Export Prices by Country

The average centrifugal clothes-dryer export price stood at $X per unit in 2021, with a decrease of -10.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 44%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+22.6%), while the prices for the other major destinations experienced mixed trend patterns.

Centrifugal Clothes-Dryer Imports

Imports into Slovakia

Centrifugal clothes-dryer imports into Slovakia dropped significantly to X units in 2021, shrinking by -24.8% against 2020 figures. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2013 with an increase of 576%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer imports fell sharply to $X in 2021. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 799%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest supplier of centrifugal clothes-dryer to Slovakia, with a 74% share of total imports. Moreover, centrifugal clothes-dryer imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold. The third position in this ranking was held by Germany (X units), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic stood at +106.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+55.0% per year) and Germany (+68.3% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of centrifugal clothes-dryers to Slovakia, comprising 76% of total imports. The second position in the ranking was held by Poland ($X), with a 19% share of total imports. It was followed by Germany, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic stood at +96.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+48.4% per year) and Germany (+50.8% per year).

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, surging by 8.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 51%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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