Slovakia: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Slovakia

The Slovak off-highway dumper market skyrocketed to $X in 2021, rising by 47% against the previous year. In general, consumption showed significant growth. Off-highway dumper consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Off-Highway Dumper Production in Slovakia

In value terms, off-highway dumper production contracted to $X in 2021 estimated in export price. In general, production showed a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 17% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Off-Highway Dumper Exports

Exports from Slovakia

Off-highway dumper exports from Slovakia soared to X units in 2021, rising by 98% compared with 2020 figures. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 466%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, off-highway dumper exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X units) was the main destination for off-highway dumper exports from Slovakia, accounting for a 71% share of total exports. Moreover, off-highway dumper exports to Austria exceeded the volume sent to the second major destination, Iceland (X units), fivefold. Ukraine (X units) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume to Austria amounted to -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (0.0% per year) and Ukraine (-15.9% per year).

In value terms, Austria ($X) emerged as the key foreign market for dumpers for off-highway use exports from Slovakia, comprising 85% of total exports. The second position in the ranking was taken by Iceland ($X), with a 9.5% share of total exports. It was followed by Russia, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria amounted to -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (0.0% per year) and Russia (0.0% per year).

Export Prices by Country

In 2021, the average off-highway dumper export price amounted to $X per unit, picking up by 119% against the previous year. Overall, the export price recorded perceptible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Austria ($X per unit), while the average price for exports to Hungary ($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 Ukraine (+56.6%), while the prices for the other major destinations experienced mixed trend patterns.

Off-Highway Dumper Imports

Imports into Slovakia

In 2021, the amount of dumpers for off-highway use imported into Slovakia skyrocketed to X units, rising by 60% compared with the previous year. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 248% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, off-highway dumper imports surged to $X in 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 483% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest off-highway dumper supplier to Slovakia, accounting for a 67% share of total imports. Moreover, off-highway dumper imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sixfold. The third position in this ranking was taken by Sweden (X units), with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic totaled +104.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+31.8% per year) and Sweden (+36.2% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of dumpers for off-highway use to Slovakia, comprising 64% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of total imports. It was followed by Sweden, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic stood at +111.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+24.8% per year) and Sweden (+50.5% per year).

Import Prices by Country

The average off-highway dumper import price stood at $X per unit in 2021, with an increase of 5.5% against the previous year. In general, the import price saw a strong increase. The pace of growth was the most pronounced in 2019 an increase of 69%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :