Slovakia: Domestic Toaster Market 2025

Domestic Toaster Market Size in Slovakia

The Slovak domestic toaster market fell rapidly to $X in 2022, reducing by -18.6% against the previous year. In general, consumption, however, posted a strong increase. Domestic toaster consumption peaked at $X in 2021, and then fell remarkably in the following year.

Domestic Toaster Production in Slovakia

In value terms, domestic toaster production shrank to $X in 2022 estimated in export price. Overall, production, however, enjoyed moderate growth. The growth pace was the most rapid in 2019 when the production volume increased by 35% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Domestic Toaster Exports

Exports from Slovakia

In 2022, domestic toaster exports from Slovakia shrank to X units, which is down by -10.7% on 2021. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 23%. Over the period under review, the exports hit record highs at X units in 2021, and then declined in the following year.

In value terms, domestic toaster exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

The Czech Republic (X units), Hungary (X units) and Austria (X units) were the main destinations of domestic toaster exports from Slovakia, together comprising 60% of total exports. Poland, Romania, Estonia and Russia lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +148.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the key foreign market for domestic electric toasters exports from Slovakia, comprising 33% of total exports. The second position in the ranking was held by Poland ($X), with a 15% share of total exports. It was followed by Hungary, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic amounted to +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-0.2% per year) and Hungary (-2.1% per year).

Export Prices by Country

The average domestic toaster export price stood at $X per unit in 2022, shrinking by -2% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic toaster export price increased by +17.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 38%. The export price peaked at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Hungary ($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 the Czech Republic (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Toaster Imports

Imports into Slovakia

In 2022, after five years of growth, there was significant decline in overseas purchases of domestic electric toasters, when their volume decreased by -34.6% to X units. In general, imports, however, saw tangible growth. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports attained the peak of X units, and then reduced rapidly in the following year.

In value terms, domestic toaster imports shrank to $X in 2022. Over the period under review, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by 43%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest domestic toaster supplier to Slovakia, with a 64% share of total imports. Moreover, domestic toaster imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), tenfold. Germany (X units) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+15.6% per year) and Germany (+72.6% per year).

In value terms, China ($X) constituted the largest supplier of domestic electric toasters to Slovakia, comprising 51% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an 8.6% share of total imports. It was followed by Germany, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+19.3% per year) and Germany (+69.0% per year).

Import Prices by Country

The average domestic toaster import price stood at $X per unit in 2022, rising by 34% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic toaster import price increased by +35.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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