Slovakia: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA in Slovakia

After two years of decline, the Slovak market for diesel or semi-diesel electric generating sets of output under X kVA increased by 7.8% to $X in 2021. Over the period under review, consumption saw a perceptible descent. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Under X kVA in Slovakia

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when the production volume increased by 519% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth remained at a lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Exports from Slovakia

In 2021, exports of diesel or semi-diesel electric generating sets of output under X kva from Slovakia dropped markedly to X units, falling by -42.3% against 2020. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2015 when exports increased by 1,060%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2015 when exports increased by 2,808%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X units), Ukraine (X units) and Bosnia and Herzegovina (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output under X kVA from Slovakia, with a combined 97% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +9.2%), while shipments for the other leaders experienced a decline.

In value terms, the Czech Republic ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Slovakia, comprising 69% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by Ukraine, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to -8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.0% per year) and Ukraine (+15.2% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, growing by 142% against the previous year. Over the period under review, the export price showed a mild expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 151%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Hungary ($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 Bosnia and Herzegovina (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Imports into Slovakia

In 2021, approx. X units of diesel or semi-diesel electric generating sets of output under X kVA were imported into Slovakia; which is down by -30.2% against 2020. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2020 when imports increased by 125% against the previous year. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +27.9% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 83% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), Poland (X units) and Germany (X units) were the main suppliers of imports of diesel or semi-diesel electric generating sets of output under X kVA to Slovakia, with a combined 68% share of total imports. These countries were followed by Italy, China, Austria, Hungary and the UK, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +100.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and China ($X) constituted the largest diesel or semi-diesel electric generating set of output under X kVA suppliers to Slovakia, with a combined 62% share of total imports.

Among the main suppliers, China, with a CAGR of +47.5%, 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 2021, the average import price for diesel or semi-diesel electric generating sets of output under X kVA amounted to $X per unit, with an increase of 66% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2016 an increase of 87% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 the UK ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+66.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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