Slovakia: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Slovakia

The Slovak market for electric generating sets and rotary converters surged to $X in 2020, rising by X% against the previous year. In general, consumption, however, recorded a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Production of Electric Generating Sets And Rotary Converters in Slovakia

In value terms, production of electric generating sets and rotary converters fell remarkably to $X in 2020 estimated in export prices. In general, production faced a sharp decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, production attained the peak level of $X. from 2014 to 2020, production growth failed to regain the momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports from Slovakia

After two years of decline, overseas shipments of electric generating sets and rotary converters increased by X% to X units in 2020. In general, exports, however, saw a slight decline. Over the period under review, exports hit record highs at X units in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, exports of electric generating sets and rotary converters skyrocketed to $X in 2020. Overall, exports, however, showed a abrupt slump. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units), the Czech Republic (X units) and Spain (X units) were the main destinations of exports of electric generating sets and rotary converters from Slovakia, together comprising X% of total exports. These countries were followed by Denmark, Germany and Austria, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) emerged as the key foreign market for electric generating set and rotary converter exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Ukraine stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Austria (+X% per year).

Export Prices by Country

The average export price for electric generating sets and rotary converters stood at $X per unit in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per unit in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced a decline.

Imports of Electric Generating Sets And Rotary Converters

Imports into Slovakia

In 2020, imports of electric generating sets and rotary converters into Slovakia surged to X units, picking up by X% compared with 2019. Over the period under review, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, imports of electric generating sets and rotary converters soared to $X in 2020. In general, imports, however, saw a perceptible curtailment. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the Czech Republic (X units) constituted the largest electric generating set and rotary converter supplier to Slovakia, with a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Czech Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (-X% per year).

In value terms, Germany ($X), the Czech Republic ($X) and Poland ($X) constituted the largest electric generating set and rotary converter suppliers to Slovakia, together accounting for X% of total imports. These countries were followed by Italy, China, Romania and the Netherlands, which together accounted for a further X saw the highest growth rate of the value of imports, among the main suppliers 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 electric generating sets and rotary converters amounted to $X per unit, jumping by X% against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. The import price peaked at $X per unit in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :