Slovakia: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Slovakia

After two years of decline, the Slovak non-electric bakery oven market increased by 233% to $X in 2022. In general, consumption showed a prominent expansion. Non-electric bakery oven consumption peaked in 2022 and is expected to retain growth in years to come.

Non-Electric Bakery Oven Production in Slovakia

In value terms, non-electric bakery oven production contracted slightly to $X in 2022 estimated in export price. Overall, production recorded a slight contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 16% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Non-Electric Bakery Oven Exports

Exports from Slovakia

Non-electric bakery oven exports from Slovakia fell rapidly to X units in 2022, reducing by -93.5% on the year before. Over the period under review, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 1,950% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, non-electric bakery oven exports fell significantly to $X in 2022. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2019 when exports increased by 2,125% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Georgia (X units) and Ukraine (X units) were the main destinations of non-electric bakery oven exports from Slovakia. Moreover, non-electric bakery oven exports in Georgia exceeded the figures recorded by the second-largest exporter, Ukraine, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of 0.0%).

In value terms, Georgia ($X) and Ukraine ($X) constituted the largest markets for non-electric bakery oven exported from Slovakia worldwide.

Among the main countries of destination, Georgia, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average non-electric bakery oven export price stood at $X per unit in 2022, rising by 35% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric bakery oven export price increased by +110.2% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 56%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Ukraine stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.0%).

Non-Electric Bakery Oven Imports

Imports into Slovakia

In 2022, approx. X units of non-electric bakery ovens were imported into Slovakia; rising by 233% against the previous year. In general, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electric bakery oven imports soared to $X in 2022. Overall, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest non-electric bakery oven supplier to Slovakia, accounting for a 17% share of total imports. Moreover, non-electric bakery oven imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Spain (X units) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic stood at -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+22.6% per year) and Spain (+48.0% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of non-electric bakery ovens to Slovakia, comprising 17% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.2% share of total imports. It was followed by Spain, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Czech Republic amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.6% per year) and Spain (+71.8% per year).

Import Prices by Country

In 2022, the average non-electric bakery oven import price amounted to $X per unit, increasing by 57% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per unit) and Spain ($X per unit), while the price for the Czech Republic ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :