Slovakia: Magnetic Media Market 2025

Magnetic Media Market Size in Slovakia

In 2021, the Slovak magnetic media market decreased by -9.4% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption continues to indicate a mild shrinkage. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Magnetic Media Production in Slovakia

In value terms, magnetic media production soared to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 155%. Magnetic media production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Magnetic Media Exports

Exports from Slovakia

In 2021, the amount of magnetic media, not recorded, except cards with a magnetic stripe exported from Slovakia soared to X units, picking up by 80% against 2020 figures. Overall, exports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 240%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, magnetic media exports shrank sharply to $X in 2021. In general, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 736%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for magnetic media exports from Slovakia, accounting for a 53% share of total exports. Moreover, magnetic media exports to Germany exceeded the volume sent to the second major destination, Hungary (X units), threefold. Poland (X units) ranked third in terms of total exports with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-14.5% per year) and Poland (-9.7% per year).

In value terms, the largest markets for magnetic media exported from Slovakia were Hungary ($X), Germany ($X) and Poland ($X), together comprising 77% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +8.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average magnetic media export price stood at $X per unit in 2021, dropping by -71.4% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 146% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Romania ($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 the Czech Republic (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.

Magnetic Media Imports

Imports into Slovakia

In 2021, overseas purchases of magnetic media, not recorded, except cards with a magnetic stripe decreased by -73.9% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 when imports increased by 183% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, magnetic media imports dropped notably to $X in 2021. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 142%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest supplier of magnetic media to Slovakia, accounting for a 69% share of total imports. Moreover, magnetic media imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was held by the Netherlands (X units), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic stood at +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.6% per year) and the Netherlands (-24.5% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of magnetic media, not recorded, except cards with a magnetic stripe to Slovakia, comprising 62% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.8% share of total imports. It was followed by the Netherlands, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-23.1% per year) and the Netherlands (-23.6% per year).

Import Prices by Country

The average magnetic media import price stood at $X per unit in 2021, declining by -11.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2017 an increase of 83%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average 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 the Netherlands ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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