Slovakia: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Slovakia

The Slovak metal deburring machine market surged to $X in 2021, with an increase of 21% against the previous year. In general, consumption posted a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Metal Deburring Machine Production in Slovakia

In value terms, metal deburring machine production surged to $X in 2021 estimated in export price. Overall, production recorded buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 157% against the previous year. Metal deburring machine production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports from Slovakia

In 2021, exports of machines for deburring or polishing metal from Slovakia skyrocketed to X units, jumping by 30% against the previous year. Overall, exports posted a slight increase. The pace of growth appeared the most rapid in 2019 when exports increased by 425%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal deburring machine exports totaled $X in 2021. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2014 when exports increased by 793%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for metal deburring machine exports from Slovakia, accounting for a 57% share of total exports. Moreover, metal deburring machine exports to the UK exceeded the volume sent to the second major destination, the Czech Republic (X units), threefold. Canada (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +82.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+46.3% per year) and Canada (+4.8% per year).

In value terms, the UK ($X), Canada ($X) and the Czech Republic ($X) were the largest markets for metal deburring machine exported from Slovakia worldwide, together comprising 96% of total exports.

The UK, with a CAGR of +118.4%, recorded 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 metal deburring machine export price stood at $X per unit in 2021, shrinking by -21.1% against the previous year. In general, the export price, however, continues to indicate tangible growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 305% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped rapidly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while the average price for exports to Romania ($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 India (+240.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Slovakia

Metal deburring machine imports into Slovakia soared to X units in 2021, picking up by 28% on 2020. Over the period under review, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2013 when imports increased by 448%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, metal deburring machine imports soared to $X in 2021. In general, imports recorded a modest increase. The pace of growth was the most pronounced in 2019 when imports increased by 185%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), Germany (X units) and Italy (X units) were the main suppliers of metal deburring machine imports to Slovakia, together comprising 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +59.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of machines for deburring or polishing metal to Slovakia, comprising 87% of total imports. The second position in the ranking was held by Germany ($X), with a 7.2% share of total imports. It was followed by Italy, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic amounted to +47.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.0% per year) and Italy (-20.8% per year).

Import Prices by Country

In 2021, the average metal deburring machine import price amounted to $X per unit, picking up by 87% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 175% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per unit), while the price for Germany ($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 (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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