Slovakia: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Slovakia

In 2021, the Slovak printers and copying machines market increased by 152% to $X, rising for the fourth consecutive year after five years of decline. Over the period under review, consumption posted prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Slovakia

Printers and copying machines exports from Slovakia soared to X units in 2021, growing by 133% compared with 2020 figures. Overall, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines exports soared to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for printers and copying machines exports from Slovakia, with a 82% share of total exports. Moreover, printers and copying machines exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The United States (X units) ranked third in terms of total exports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic totaled +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.6% per year) and the United States (+166.8% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for printers, copying machines and facsimile machines exports from Slovakia, comprising 51% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic totaled +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+144.8% per year) and Germany (+11.4% per year).

Export Prices by Country

The average printers and copying machines export price stood at $X per unit in 2021, waning by -37.5% against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 39%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Austria ($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 Latvia (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Slovakia

For the third year in a row, Slovakia recorded growth in overseas purchases of printers, copying machines and facsimile machines, which increased by 171% to X units in 2021. In general, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines imports stood at $X in 2021. Over the period under review, imports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 11%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest printers and copying machines supplier to Slovakia, with a 64% share of total imports. Moreover, printers and copying machines imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Hungary (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic totaled +87.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+117.4% per year) and Hungary (+88.3% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of printers, copying machines and facsimile machines to Slovakia, comprising 58% of total imports. The second position in the ranking was held by Germany ($X), with a 26% share of total imports. It was followed by Austria, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic amounted to +54.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+43.9% per year) and Austria (+49.8% per year).

Import Prices by Country

In 2021, the average printers and copying machines import price amounted to $X per unit, waning by -60.5% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 16%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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