Slovakia: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Slovakia

For the fifth consecutive year, the Slovak filling containers machinery market recorded growth in sales value, which increased by 14% to $X in 2021. In general, consumption showed a temperate increase. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Filling Containers Machinery Production in Slovakia

In value terms, filling containers machinery production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 72%. Filling containers machinery production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Filling Containers Machinery Exports

Exports from Slovakia

In 2021, the amount of machinery for filling, closing, sealing, capsuling or labelling containers exported from Slovakia soared to X units, increasing by 51% compared with the previous year's figure. In general, exports continue to indicate a mild expansion. The growth pace was the most rapid in 2016 when exports increased by 623%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, filling containers machinery exports skyrocketed to $X in 2021. Over the period under review, exports saw a modest expansion. The growth pace was the most rapid in 2016 when exports increased by 258%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X units), the Czech Republic (X units) and Russia (X units) were the main destinations of filling containers machinery exports from Slovakia, together comprising 77% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +66.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for filling containers machinery exported from Slovakia were Russia ($X), the Czech Republic ($X) and Poland ($X), together comprising 67% of total exports.

Poland, with a CAGR of +33.1%, 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

The average filling containers machinery export price stood at $X per unit in 2021, picking up by 3.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 72% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per unit), while the average price for exports to Moldova ($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 Belarus (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Slovakia

In 2021, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 779%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, filling containers machinery imports surged to $X in 2021. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 300%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), the Czech Republic (X units) and China (X units) were the main suppliers of filling containers machinery imports to Slovakia, together accounting for 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +81.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machinery for filling, closing, sealing, capsuling or labelling containers to Slovakia, comprising 59% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 24% share of total imports. It was followed by Italy, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +61.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+43.4% per year) and Italy (-0.8% per year).

Import Prices by Country

The average filling containers machinery import price stood at $X per unit in 2021, picking up by 12% against the previous year. Overall, the import price, however, saw a noticeable setback. The growth pace was the most rapid in 2014 an increase of 1,798% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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