Report Update Nov 1, 2024

Slovakia - Handtools, Hydraulic or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in Slovakia

The Slovak non-electric motor handtools market skyrocketed to $X in 2022, jumping by 57% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Non-electric motor handtools consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Non-Electric Motor Handtools Production in Slovakia

In value terms, non-electric motor handtools production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with a decrease of 99.9% against the previous year. Non-electric motor handtools production peaked in 2022 and is expected to retain growth in the immediate term.

Non-Electric Motor Handtools Exports

Exports from Slovakia

In 2022, non-electric motor handtools exports from Slovakia contracted markedly to X units, reducing by -28.4% on the previous year. Overall, exports, however, recorded a temperate increase. The growth pace was the most rapid in 2014 when exports increased by 236% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, non-electric motor handtools exports dropped to $X in 2022. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 225%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X units), the Czech Republic (X units) and Mexico (X units) were the main destinations of non-electric motor handtools exports from Slovakia, with a combined 86% share of total exports. Germany and Poland lagged somewhat behind, together comprising a further 8.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +35.2%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), the Czech Republic ($X) and Mexico ($X) constituted the largest markets for non-electric motor handtools exported from Slovakia worldwide, together comprising 86% of total exports. Germany and Poland lagged somewhat behind, together comprising a further 8.5%.

Germany, with a CAGR of +38.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 non-electric motor handtools export price amounted to $X per unit, picking up by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 30%. Over the period under review, the average export prices attained the peak figure 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 foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per unit) and Poland ($X per unit), while the average price for exports to Mexico ($X per unit) and Hungary ($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 (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Motor Handtools Imports

Imports into Slovakia

In value terms, non-electric motor handtools imports amounted to $X in 2022. Overall, imports showed pronounced growth. The most prominent rate of growth was recorded in 2019 with an increase of 97% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In value terms, China ($X) constituted the largest supplier of handtools, hydraulic or with a self-contained non-electric motor to Slovakia, comprising 51% of total imports. The second position in the ranking was taken by Germany ($X), with a 25% share of total imports. It was followed by the United States, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and the United States (-1.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for handtools, hydraulic or with a self-contained non-electric motor in the world?

The country with the largest volume of non-electric motor handtools consumption was China, accounting for 39% of total volume. Moreover, non-electric motor handtools consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. India ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of handtools, hydraulic or with a self-contained non-electric motor in the world?

China remains the largest non-electric motor handtools producing country worldwide, comprising approx. 55% of total volume. Moreover, non-electric motor handtools production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The United States ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of handtools, hydraulic or with a self-contained non-electric motor to Slovakia?

In value terms, Germany, the Czech Republic and China constituted the largest non-electric motor handtools suppliers to Slovakia, with a combined 79% share of total imports. Poland, the United States and Italy lagged somewhat behind, together accounting for a further 15%.

What are the leading importers of handtools, hydraulic or with a self-contained non-electric motor from Slovakia?

In value terms, Hungary remains the key foreign market for non-electric motor handtools exports from Slovakia, comprising 58% of total exports. The second position in the ranking was occupied by the Czech Republic, with a 26% share of total exports.

What is the average export price for handtools, hydraulic or with a self-contained non-electric motor in Slovakia?

The average non-electric motor handtools export price stood at $5,829 per ton in 2021, reducing by -49.3% against the previous year.

What is the average import price for handtools, hydraulic or with a self-contained non-electric motor in Slovakia?

In 2021, the average non-electric motor handtools import price amounted to $18,364 per ton, shrinking by -26.3% against the previous year.

This report provides an in-depth analysis of the non-electric motor handtools market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023