Slovakia: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Slovakia

The Slovak chain scoops and sliders market contracted modestly to $X in 2022, dropping by -3.1% against the previous year. Over the period under review, consumption, however, recorded a tangible increase. Chain scoops and sliders consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Slovakia

In value terms, chain scoops and sliders production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a moderate increase. The most prominent rate of growth was recorded in 2018 with an increase of 95% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Slovakia

In 2022, shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips decreased by -20.9% to X tons, falling for the third year in a row after four years of growth. Over the period under review, exports, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 68%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, chain scoops and sliders exports contracted to $X in 2022. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of 178% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for chain scoops and sliders exports from Slovakia, accounting for a 47% share of total exports. Moreover, chain scoops and sliders exports to Ukraine exceeded the volume sent to the second major destination, Moldova (X tons), twofold. Armenia (X tons) ranked third in terms of total exports with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to +46.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+30.9% per year) and Armenia (+106.3% per year).

In value terms, the largest markets for chain scoops and sliders exported from Slovakia were Armenia ($X), Ukraine ($X) and Moldova ($X), with a combined 86% share of total exports.

Armenia, with a CAGR of +302.7%, recorded the highest growth rate of the value of exports, in terms of 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

The average chain scoops and sliders export price stood at $X per ton in 2022, growing by 15% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 71% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Austria ($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 Armenia (+95.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Slovakia

In 2022, the amount of chain scoops, sliders, runners, end pieces and narrow strips imported into Slovakia rose slightly to X tons, increasing by 4.4% compared with the previous year. Over the period under review, imports continue to indicate a mild expansion. The pace of growth was the most pronounced in 2019 with an increase of 45% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, chain scoops and sliders imports surged to $X in 2022. In general, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +34.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 55% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tons), China (X tons) and Germany (X tons) were the main suppliers of chain scoops and sliders imports to Slovakia, with a combined 66% share of total imports. The Czech Republic, Norway, Austria, Japan, Italy and Poland lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of +318.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and the Czech Republic ($X) appeared to be the largest chain scoops and sliders suppliers to Slovakia, together comprising 49% of total imports. Japan, Germany, Austria, Norway, Italy and Poland lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Norway, with a CAGR of +325.1%, 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

In 2022, the average chain scoops and sliders import price amounted to $X per ton, with an increase of 16% against the previous year. In general, import price indicated tangible 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. Based on 2022 figures, chain scoops and sliders import price increased by +69.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 40%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Japan ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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