Slovakia: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in Slovakia

The Slovak paper moulding machine market surged to $X in 2022, with an increase of 524% against the previous year. Overall, consumption showed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Paper Moulding Machine Production in Slovakia

In value terms, paper moulding machine production dropped remarkably to $X in 2022 estimated in export price. Over the period under review, production faced a deep slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 107% against the previous year. Paper moulding machine production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Paper Moulding Machine Exports

Exports from Slovakia

In 2022, the amount of machines for moulding articles in paper pulp, paper or paperboard exported from Slovakia fell notably to X units, reducing by -22.2% compared with 2021 figures. Over the period under review, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 660% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, paper moulding machine exports rose modestly to $X in 2022. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 277%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for paper moulding machine exports from Slovakia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +21.5%.

In value terms, Germany ($X) emerged as the key foreign market for machines for moulding articles in paper pulp, paper or paperboard exports from Slovakia, comprising 91% of total exports. The second position in the ranking was taken by Austria ($X), with a 9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+3.2% per year) and the Czech Republic (-47.4% per year).

Export Prices by Country

In 2022, the average paper moulding machine export price amounted to $X per unit, rising by 32% against the previous year. In general, the export price, however, showed a precipitous curtailment. The growth pace was the most rapid in 2015 an increase of 237% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+11.1%), while the prices for the other major destinations experienced a decline.

Paper Moulding Machine Imports

Imports into Slovakia

Paper moulding machine imports into Slovakia soared to X units in 2022, rising by 84% against 2021. In general, imports enjoyed prominent growth. The growth pace was the most rapid in 2020 when imports increased by 189% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, paper moulding machine imports soared to $X in 2022. Over the period under review, imports posted a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 580%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Turkey (X units) and the Netherlands (X units) were the main suppliers of paper moulding machine imports to Slovakia, together accounting for 91% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +33.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Hungary ($X) constituted the largest paper moulding machine suppliers to Slovakia, with a combined 90% share of total imports.

Among the main suppliers, China, with a CAGR of +40.0%, 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

The average paper moulding machine import price stood at $X per unit in 2022, shrinking by -18.8% against the previous year. Overall, the import price, however, posted a measured expansion. The growth pace was the most rapid in 2017 an increase of 613% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+77.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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