Slovakia: Moulds For Metal Market 2024

Moulds For Metal Market Size in Slovakia

In 2022, the Slovak moulds for metal market increased by 12% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Moulds For Metal Production in Slovakia

In value terms, moulds for metal production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2017 with an increase of 90% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Moulds For Metal Exports

Exports from Slovakia

In 2022, exports of moulds for metals from Slovakia contracted to X tons, declining by -7% on the previous year's figure. Over the period under review, exports, however, saw noticeable growth. The pace of growth was the most pronounced in 2017 with an increase of 74%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, moulds for metal exports dropped to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 86%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for moulds for metal exports from Slovakia, with a 57% share of total exports. Moreover, moulds for metal exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+1.4% per year) and the United States (+7.1% per year).

In value terms, Germany ($X) remains the key foreign market for moulds for metals exports from Slovakia, comprising 49% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 22% share of total exports. It was followed by Austria, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-2.6% per year) and Austria (-0.6% per year).

Export Prices by Country

The average moulds for metal export price stood at $X per ton in 2022, stabilizing at the previous year. In general, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 an increase of 74%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Slovakia

In 2022, the amount of moulds for metals imported into Slovakia soared to X tons, growing by 15% against 2021. Over the period under review, imports recorded a modest increase. The most prominent rate of growth was recorded in 2013 when imports increased by 57%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, moulds for metal imports shrank to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 43%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of moulds for metal to Slovakia, with a 50% share of total imports. Moreover, moulds for metal imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was taken by South Korea (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.5% per year) and South Korea (-12.2% per year).

In value terms, Germany ($X) constituted the largest supplier of moulds for metals to Slovakia, comprising 42% of total imports. The second position in the ranking was taken by Italy ($X), with a 21% share of total imports. It was followed by South Korea, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.0% per year) and South Korea (-10.8% per year).

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, dropping by -21.4% against the previous year. Over the period under review, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 59%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform