Slovakia: Mounted Piezo-Electric Crystals Market 2024

Mounted Piezo-Electric Crystals Market Size in Slovakia

After two years of decline, the Slovak mounted piezo-electric crystals market increased by 38% to $X in 2021. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Mounted Piezo-Electric Crystals Production in Slovakia

In value terms, mounted piezo-electric crystals production totaled $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 7.1% against the previous year. Mounted piezo-electric crystals production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Mounted Piezo-Electric Crystals Exports

Exports from Slovakia

In 2021, shipments abroad of mounted piezo-electric crystals was finally on the rise to reach X units after two years of decline. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, mounted piezo-electric crystals exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for mounted piezo-electric crystals exports from Slovakia, accounting for a 78% share of total exports. Moreover, mounted piezo-electric crystals exports to Russia exceeded the volume sent to the second major destination, Hungary (X units), fivefold. The third position in this ranking was held by the Czech Republic (X units), with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +65.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+8.0% per year) and the Czech Republic (-14.5% per year).

In value terms, Russia ($X) remains the key foreign market for mounted piezo-electric crystals exports from Slovakia, comprising 85% of total exports. The second position in the ranking was held by Hungary ($X), with a 2.1% share of total exports. It was followed by Germany, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +79.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-13.5% per year) and Germany (-44.1% per year).

Export Prices by Country

The average mounted piezo-electric crystals export price stood at $X per unit in 2021, picking up by 8.6% against the previous year. In general, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 223% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Hungary (less than $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 Russia (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into Slovakia

After two years of decline, supplies from abroad of mounted piezo-electric crystals increased by 14% to X units in 2021. Overall, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by 46%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, mounted piezo-electric crystals imports soared to $X in 2021. In general, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of mounted piezo-electric crystals imports to Slovakia, with a combined 89% share of total imports. South Korea, Hungary, Japan and Hong Kong SAR lagged somewhat behind, together accounting for a further 3.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +57.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of mounted piezo-electric crystals to Slovakia, comprising 53% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by China, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.2% per year) and China (-4.6% per year).

Import Prices by Country

In 2021, the average mounted piezo-electric crystals import price amounted to $X per thousand units, picking up by 41% against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 53%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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