Slovakia: Public Works Machinery Market 2025

Public Works Machinery Market Size in Slovakia

In 2021, the Slovak public works machinery market decreased by -40.2% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, continues to indicate a noticeable increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Public Works Machinery Production in Slovakia

In value terms, public works machinery production soared to $X in 2021 estimated in export price. In general, production recorded a abrupt decrease. Public works machinery production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Public Works Machinery Exports

Exports from Slovakia

In 2021, overseas shipments of machinery for public works and building decreased by -74% to X units for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 194% against the previous year. As a result, the exports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, public works machinery exports contracted notably to $X in 2021. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 254% against the previous year. As a result, the exports reached the peak of $X, and then declined rapidly in the following year.

Exports by Country

Romania (X units) was the main destination for public works machinery exports from Slovakia, accounting for a 53% share of total exports. Moreover, public works machinery exports to Romania exceeded the volume sent to the second major destination, the Czech Republic (X units), fivefold. Germany (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Romania amounted to +73.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+6.9% per year) and Germany (+33.9% per year).

In value terms, Romania ($X) emerged as the key foreign market for machinery for public works and building exports from Slovakia, comprising 40% of total exports. The second position in the ranking was taken by Russia ($X), with a 14% share of total exports. It was followed by the Czech Republic, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Romania stood at +186.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+3.1% per year) and the Czech Republic (-15.9% per year).

Export Prices by Country

The average public works machinery export price stood at $X per unit in 2021, with a decrease of -72.5% against the previous year. Over the period under review, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 57%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to China ($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 Romania (+63.7%), while the prices for the other major destinations experienced more modest paces of growth.

Public Works Machinery Imports

Imports into Slovakia

In 2021, public works machinery imports into Slovakia contracted rapidly to X units, shrinking by -40.1% against the previous year's figure. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 344%. Imports peaked at X units in 2020, and then dropped dramatically in the following year.

In value terms, public works machinery imports reduced remarkably to $X in 2021. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 416% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then declined significantly in the following year.

Imports by Country

China (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of public works machinery imports to Slovakia, together comprising 91% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +75.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) were the largest public works machinery suppliers to Slovakia, with a combined 79% share of total imports.

In terms of the main suppliers, China, with a CAGR of +84.5%, recorded the highest growth rate of 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 2021, the average public works machinery import price amounted to $X per unit, which is down by -57.7% against the previous year. Overall, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 149%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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