Slovakia: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in Slovakia

The Slovak electric soldering iron market dropped to $X in 2022, declining by X% against the previous year. Over the period under review, consumption recorded a sharp curtailment. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Electric Soldering Iron Production in Slovakia

In value terms, electric soldering iron production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Electric Soldering Iron Exports

Exports from Slovakia

In 2022, approx. X units of electric soldering irons and guns were exported from Slovakia; increasing by X% against 2021. Over the period under review, exports continue to indicate prominent growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, electric soldering iron exports expanded to $X in 2022. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units), Poland (X units) and the Czech Republic (X units) were the main destinations of electric soldering iron exports from Slovakia, with a combined X% share of total exports. Hungary, Germany, Austria and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, Italy ($X), Poland ($X) and the Czech Republic ($X) were the largest markets for electric soldering iron exported from Slovakia worldwide, together accounting for X% of total exports. Hungary, Germany, Austria and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electric soldering iron export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($X per unit) and the Czech Republic ($X per unit), while the average price for exports to Hungary ($X per unit) and Austria ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Soldering Iron Imports

Imports into Slovakia

In value terms, electric soldering iron imports expanded sharply to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In value terms, China ($X), Poland ($X) and Germany ($X) were the largest electric soldering iron suppliers to Slovakia, with a combined X% share of total imports.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :