Slovakia: Lawn Mower Market 2024

Lawn Mower Market Size in Slovakia

The Slovak lawn mower market surged to $X in 2022, picking up by 26% against the previous year. Over the period under review, consumption, however, recorded a sharp decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Lawn Mower Production in Slovakia

In value terms, lawn mower production reduced to $X in 2022 estimated in export price. Overall, production saw a buoyant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 322% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Lawn Mower Exports

Exports from Slovakia

After two years of growth, shipments abroad of mowers for lawns, parks, golf courses or sports grounds decreased by -5.4% to X units in 2022. Overall, exports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 when exports increased by 18%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lawn mower exports dropped slightly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), the UK (X units) and the Czech Republic (X units) were the main destinations of lawn mower exports from Slovakia, together comprising 57% of total exports. Poland, Germany, Sweden, Italy and Austria lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +7.3%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for mowers for lawns, parks, golf courses or sports grounds exports from Slovakia, comprising 32% of total exports. The second position in the ranking was held by the UK ($X), with a 15% share of total exports. It was followed by the Czech Republic, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.2% per year) and the Czech Republic (+1.7% per year).

Export Prices by Country

The average lawn mower export price stood at $X per unit in 2022, picking up by 3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The pace of growth was the most pronounced in 2013 when the average export price increased by 30%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Austria ($X per unit) and Germany ($X per unit), while the average price for exports to the UK ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Slovakia

After four years of growth, purchases abroad of mowers for lawns, parks, golf courses or sports grounds decreased by -5.3% to X units in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, lawn mower imports shrank slightly to $X in 2022. In general, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lawn mower to Slovakia, accounting for a 49% share of total imports. Moreover, lawn mower imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold. The third position in this ranking was held by the Czech Republic (X units), with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+8.5% per year) and the Czech Republic (-0.2% per year).

In value terms, China ($X) constituted the largest supplier of mowers for lawns, parks, golf courses or sports grounds to Slovakia, comprising 40% of total imports. The second position in the ranking was held by Austria ($X), with a 13% share of total imports. It was followed by the Czech Republic, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+9.7% per year) and the Czech Republic (+4.3% per year).

Import Prices by Country

The average lawn mower import price stood at $X per unit in 2022, rising by 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform