Slovakia: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in Slovakia

After three years of growth, the Slovak liquid supply meter market decreased by -8.9% to $X in 2021. Overall, consumption showed a buoyant expansion. Liquid supply meter consumption peaked at $X in 2020, and then contracted in the following year.

Liquid Supply Meter Production in Slovakia

In value terms, liquid supply meter production contracted to $X in 2021 estimated in export price. Overall, production saw notable growth. The pace of growth was the most pronounced in 2019 with an increase of 84%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Liquid Supply Meter Exports

Exports from Slovakia

In 2021, overseas shipments of liquid supply or production meters increased by 14% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2016 with an increase of 44% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, liquid supply meter exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +117.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for liquid supply meter exports from Slovakia, accounting for a 45% share of total exports. Moreover, liquid supply meter exports to Germany exceeded the volume sent to the second major destination, France (X units), fivefold. The third position in this ranking was held by Italy (X units), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.1% per year) and Italy (+11.3% per year).

In value terms, Germany ($X) remains the key foreign market for liquid supply or production meters exports from Slovakia, comprising 32% of total exports. The second position in the ranking was taken by France ($X), with a 10% share of total exports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+18.4% per year) and Italy (+20.1% per year).

Export Prices by Country

The average liquid supply meter export price stood at $X per unit in 2021, increasing by 20% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 69% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Supply Meter Imports

Imports into Slovakia

In 2021, overseas purchases of liquid supply or production meters were finally on the rise to reach X units after two years of decline. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 56%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, liquid supply meter imports surged to $X in 2021. In general, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +99.6% against 2017 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 39%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X units), the Czech Republic (X units) and Hungary (X units) were the main suppliers of liquid supply meter imports to Slovakia, together comprising 95% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +77.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Hungary ($X) constituted the largest liquid supply meter suppliers to Slovakia, together accounting for 92% of total imports.

Hungary, with a CAGR of +78.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average liquid supply meter import price stood at $X per unit in 2021, increasing by 6.2% against the previous year. In general, the import price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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