Slovakia: Escalator Market 2025

Escalator Market Size in Slovakia

The Slovak escalator market skyrocketed to $X in 2022, with an increase of 103% against the previous year. Overall, consumption showed a buoyant increase. Escalator consumption peaked in 2022 and is likely to see steady growth in years to come.

Escalator Production in Slovakia

In value terms, escalator production reduced rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2021 when the production volume increased by 80% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Escalator Exports

Exports from Slovakia

Escalator exports from Slovakia contracted rapidly to X units in 2022, which is down by -65.1% against the previous year. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 46%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, escalator exports contracted notably to $X in 2022. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2013 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bangladesh (X units), Saudi Arabia (X units) and Switzerland (X units) were the main destinations of escalator exports from Slovakia, with a combined 55% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of +83.0%), while the other leaders experienced mixed trend patterns.

In value terms, Bangladesh ($X), Saudi Arabia ($X) and Switzerland ($X) constituted the largest markets for escalator exported from Slovakia worldwide, together accounting for 55% of total exports.

Among the main countries of destination, Bangladesh, with a CAGR of +70.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average escalator export price stood at $X per unit in 2022, growing by 58% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($X per unit) and Saudi Arabia ($X per unit), while the average price for exports to Serbia ($X per unit) and Spain ($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 the UK (-0.5%), while the prices for the other major destinations experienced a decline.

Escalator Imports

Imports into Slovakia

Escalator imports into Slovakia surged to X units in 2022, growing by 133% on the previous year's figure. Overall, imports showed a mild increase. The most prominent rate of growth was recorded in 2018 with an increase of 200% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, escalator imports soared to $X in 2022. In general, imports, however, continue to indicate a pronounced curtailment. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Austria (X units) and the Czech Republic (X units) were the main suppliers of escalator imports to Slovakia, together comprising 57% of total imports. Poland, Germany and Finland lagged somewhat behind, together accounting for a further 43%. Moreover, escalator imports in China exceeded the figures recorded by the second-largest supplier, Austria, twofold.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of escalators and moving WalkWays to Slovakia, comprising 68% of total imports. The second position in the ranking was taken by Finland ($X), with a 14% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-9.3% per year) and Germany (-22.7% per year).

Import Prices by Country

In 2022, the average escalator import price amounted to $X per unit, rising by 325% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Poland ($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 (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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