Slovakia: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Slovakia

The Slovak market for instrument panel and wall clocks reduced to $X in 2020, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2010 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from Slovakia

In 2020, instrument panel and wall clock exports from Slovakia surged to X tons, with an increase of X% on the previous year's figure. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, instrument panel and wall clock exports surged to $X in 2020. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Hungary (X tons), Poland (X tons) and Austria (X tons) were the main destinations of instrument panel and wall clock exports from Slovakia, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Poland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the key foreign market for instrument panel and wall clock exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Poland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average export price for instrument panel and wall clocks amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted a perceptible increase. The growth pace was the most rapid in 2018 an increase of X% year-to-year. The export price peaked in 2020 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Slovakia

After two years of decline, overseas purchases of instrument panel and wall clocks increased by X% to X tons in 2020. Over the period under review, imports enjoyed tangible growth. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at X tons in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports reduced to $X in 2020. In general, imports showed a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of instrument panel and wall clock imports to Slovakia, together comprising X% of total imports. These countries were followed by China, Austria, Hungary and France, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and Poland ($X) appeared to be the largest instrument panel and wall clock suppliers to Slovakia, with a combined X% share of total imports. France, Austria, China and Hungary lagged somewhat behind, together comprising a further X terms of the main suppliers, Austria saw 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 2020, the average import price for instrument panel and wall clocks amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Czech Republic ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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