Slovakia: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Slovakia

For the fourth consecutive year, the Slovak pliers and pincers market recorded growth in sales value, which increased by 16% to $X in 2021. Over the period under review, consumption posted a strong expansion. Pliers and pincers consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Pliers And Pincers Exports

Exports from Slovakia

In 2021, overseas shipments of pliers, pincers and tweezers for nonmedical use increased by 9.8% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, pliers and pincers exports soared to $X in 2021. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 38% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons), Hungary (X tons) and the Czech Republic (X tons) were the main destinations of pliers and pincers exports from Slovakia, with a combined 54% share of total exports. Poland, Austria, Romania, France, Belgium, Serbia and Finland lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +58.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Germany ($X) constituted the largest markets for pliers and pincers exported from Slovakia worldwide, together accounting for 40% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +43.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pliers and pincers export price stood at $X per ton in 2021, growing by 9.7% against the previous year. Over the period under review, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2014 an increase of 87% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Hungary ($X per ton) 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 (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into Slovakia

In 2021, the amount of pliers, pincers and tweezers for nonmedical use imported into Slovakia rose rapidly to X tons, increasing by 9.5% on the year before. Overall, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +38.5% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by 90%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, pliers and pincers imports surged to $X in 2021. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 33% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and the Czech Republic (X tons) were the main suppliers of pliers and pincers imports to Slovakia, together accounting for 77% of total imports. Austria, Poland, Taiwan (Chinese) and France 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 +44.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of pliers, pincers and tweezers for nonmedical use to Slovakia, comprising 45% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an 18% share of total imports. It was followed by China, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+15.7% per year) and China (+0.6% per year).

Import Prices by Country

In 2021, the average pliers and pincers import price amounted to $X per ton, with an increase of 11% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 133% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+10.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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