Slovakia: Lifting Equipment Market 2025

Lifting Equipment Market Size in Slovakia

The Slovak lifting equipment market totaled $X in 2021, remaining stable against the previous year. In general, consumption, however, showed a pronounced setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Lifting Equipment Production in Slovakia

In value terms, lifting equipment production stood at $X in 2021 estimated in export price. Over the period under review, production, however, showed a drastic downturn. The growth pace was the most rapid in 2014 when the production volume increased by 63% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Lifting Equipment Exports

Exports from Slovakia

In 2021, the amount of lifting equipment exported from Slovakia amounted to X units, approximately equating the year before. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 300%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, lifting equipment exports fell rapidly to $X in 2021. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 224%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2012 to 2021, the average annual growth rate of value to No country was relatively modest.

Export Prices by Country

In 2019, the average lifting equipment export price amounted to $X per unit, surging by 15% against the previous year. In general, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 117%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2019, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the Czech Republic stood at $X per unit.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-1.4%).

Lifting Equipment Imports

Imports into Slovakia

After two years of decline, overseas purchases of lifting equipment increased by 36% to X units in 2021. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 158% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, lifting equipment imports skyrocketed to $X in 2021. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 135% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume from No country was relatively modest.

In value terms, the Czech Republic ($X) constituted the largest supplier of lifting equipment to Slovakia, comprising 75% of total imports. The second position in the ranking was taken by Italy ($X), with a 3.9% share of total imports. It was followed by Sweden, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.0% per year) and Sweden (+17.8% per year).

Import Prices by Country

In 2019, the average lifting equipment import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a slight decline. The pace of growth was the most pronounced in 2014 an increase of 18%. As a result, import price reached the peak level of $X per unit. From 2015 to 2019, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Germany (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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