Slovakia: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in Slovakia

The Slovak metal anchors and grapnels market contracted to $X in 2022, shrinking by -3.2% against the previous year. Over the period under review, consumption recorded a pronounced setback. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Iron Or Steel Anchors, Grapnels in Slovakia

In value terms, metal anchors and grapnels production declined to $X in 2022 estimated in export price. In general, production recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 29%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from Slovakia

In 2022, overseas shipments of iron or steel anchors, grapnels decreased by -74.1% to X units, falling for the second year in a row after three years of growth. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 204% 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, metal anchors and grapnels exports contracted remarkably to $X in 2022. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 190%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X units), Poland (X units) and Romania (X units) were the main destinations of metal anchors and grapnels exports from Slovakia, together comprising 74% 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 Poland (with a CAGR of +67.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and the UK ($X) constituted the largest markets for metal anchors and grapnels exported from Slovakia worldwide, together accounting for 62% of total exports.

Among the main countries of destination, Poland, with a CAGR of +89.1%, 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 metal anchors and grapnels export price amounted to $X per unit, dropping by -15.2% against the previous year. In general, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 88% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+77.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Anchors, Grapnels

Imports into Slovakia

In 2022, approx. X units of iron or steel anchors, grapnels were imported into Slovakia; declining by -40.5% on 2021. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 305%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, metal anchors and grapnels imports plummeted to $X in 2022. In general, imports, however, posted moderate growth. The most prominent rate of growth was recorded in 2017 with an increase of 199% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of metal anchors and grapnels to Slovakia, accounting for a 58% share of total imports. Moreover, metal anchors and grapnels imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The Netherlands (X units) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic totaled +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+76.0% per year) and the Netherlands (+37.4% per year).

In value terms, the largest metal anchors and grapnels suppliers to Slovakia were the Czech Republic ($X), China ($X) and Germany ($X), with a combined 76% share of total imports.

Among the main suppliers, China, with a CAGR of +79.7%, saw 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.

Import Prices by Country

In 2022, the average metal anchors and grapnels import price amounted to $X per unit, jumping by 22% against the previous year. In general, the import price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 523% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($X per unit), while the price for the Netherlands ($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 (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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