Slovakia: Printing Press Market 2024

Printing Press Market Size in Slovakia

In 2022, the Slovak printing press market increased by 12% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption saw a significant increase. Printing press consumption peaked in 2022 and is expected to retain growth in the immediate term.

Printing Press Production in Slovakia

In value terms, printing press production reached $X in 2022 estimated in export price. In general, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 886% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Printing Press Exports

Exports from Slovakia

In 2022, approx. X units of printing presses were exported from Slovakia; growing by 14% compared with the year before. Overall, exports posted strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by 802% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, printing press exports soared to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 909%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for printing press exports from Slovakia, accounting for a 55% share of total exports. Moreover, printing press exports to France exceeded the volume sent to the second major destination, the Czech Republic (X units), threefold. The third position in this ranking was held by the UK (X units), with a 17% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+19.9% per year) and the UK (+47.2% per year).

In value terms, France ($X), the United States ($X) and the UK ($X) were the largest markets for printing press exported from Slovakia worldwide, with a combined 51% share of total exports.

France, with a CAGR of +56.4%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average printing press export price amounted to $X per unit, picking up by 34% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, 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 the United States ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+176.4%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Slovakia

In 2022, supplies from abroad of printing presses increased by 1.5% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports enjoyed a modest increase. The pace of growth appeared the most rapid in 2016 when imports increased by 451%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, printing press imports expanded remarkably to $X in 2022. In general, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 214% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest printing press supplier to Slovakia, with a 52% share of total imports. Moreover, printing press imports from Belgium exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), threefold. China (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+12.4% per year) and China (+1.6% per year).

In value terms, Germany ($X), the Czech Republic ($X) and China ($X) appeared to be the largest printing press suppliers to Slovakia, together accounting for 46% of total imports.

China, with a CAGR of +26.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, picking up by 9.4% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 223% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :