Slovakia: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Slovakia

In 2021, the Slovak non-electronic hydro- and hygrometers market was finally on the rise to reach $X after two years of decline. Overall, consumption saw a relatively flat trend pattern. Non-electronic hydro- and hygrometers consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Slovakia

In 2021, non-electronic hydro- and hygrometers exports from Slovakia rose markedly to X units, increasing by 12% against the previous year's figure. In general, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 121%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, non-electronic hydro- and hygrometers exports soared to $X in 2021. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 91%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X units), Germany (X units) and the Czech Republic (X units) were the main destinations of non-electronic hydro- and hygrometers exports from Slovakia, with a combined 77% share of total exports. France, Greece, Hungary, Turkey, Serbia and Finland lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +80.5%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Germany ($X) were the largest markets for non-electronic hydro- and hygrometers exported from Slovakia worldwide, together accounting for 87% of total exports. Turkey, France, Hungary, Greece, Serbia and Finland lagged somewhat behind, together accounting for a further 4.3%.

France, with a CAGR of +87.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2021, rising by 17% against the previous year. Over the period under review, the export price continues to indicate modest growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 71% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Serbia ($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 Turkey (+39.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Slovakia

In 2021, after three years of decline, there was significant growth in supplies from abroad of non-electronic hydro-, hygro-, psychrometers, when their volume increased by 18% to X units. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 82% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, non-electronic hydro- and hygrometers imports surged to $X in 2021. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 60%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), South Korea (X units) and Italy (X units) were the main suppliers of non-electronic hydro- and hygrometers imports to Slovakia, with a combined 78% share of total imports. The Czech Republic, France, Austria and China lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +77.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Germany ($X) and France ($X) constituted the largest non-electronic hydro- and hygrometers suppliers to Slovakia, together accounting for 82% of total imports.

In terms of the main suppliers, France, with a CAGR of +258.2%, recorded the highest rates of growth with regard to 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 non-electronic hydro- and hygrometers import price stood at $X per unit in 2021, growing by 5.3% against the previous year. Overall, the import price posted prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 104%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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