Slovakia: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in Slovakia

The Slovak refrigerated show-cases market reached $X in 2022, growing by 4.1% against the previous year. Overall, consumption, however, recorded a buoyant increase. Refrigerated show-cases consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Refrigerated Show-Cases Production in Slovakia

In value terms, refrigerated show-cases production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. Refrigerated show-cases production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Refrigerated Show-Cases Exports

Exports from Slovakia

In 2022, overseas shipments of refrigerated show-caseses decreased by -48.5% to X units, falling for the second year in a row after five years of growth. Over the period under review, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of 138% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, refrigerated show-cases exports shrank dramatically to $X in 2022. In general, exports, however, showed notable growth. The most prominent rate of growth was recorded in 2014 when exports increased by 127% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X units), Germany (X units) and the Czech Republic (X units) were the main destinations of refrigerated show-cases exports from Slovakia, with a combined 60% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +110.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refrigerated show-cases exported from Slovakia were Hungary ($X), Romania ($X) and the Czech Republic ($X), with a combined 53% share of total exports. Germany, the UK, Austria, France, Italy, Greece, Poland, Sweden and Croatia lagged somewhat behind, together comprising a further 36%.

Germany, with a CAGR of +96.6%, saw the highest growth rate of 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

The average refrigerated show-cases export price stood at $X per unit in 2022, growing by 11% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 24%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Croatia ($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 Sweden (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Refrigerated Show-Cases Imports

Imports into Slovakia

In 2022, purchases abroad of refrigerated show-caseses decreased by -22.1% to X units, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 57%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, refrigerated show-cases imports reduced sharply to $X in 2022. In general, imports, however, saw a measured increase. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. Over the period under review, imports hit record highs at $X in 2021, and then declined markedly in the following year.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of refrigerated show-cases to Slovakia, with a 30% share of total imports. Moreover, refrigerated show-cases imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X units), twofold. The third position in this ranking was taken by China (X units), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic stood at -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+30.9% per year) and China (+1.6% per year).

In value terms, Austria ($X), the Czech Republic ($X) and Hungary ($X) appeared to be the largest refrigerated show-cases suppliers to Slovakia, together accounting for 35% of total imports. Turkey, Italy, China, Poland and Denmark lagged somewhat behind, together comprising a further 19%.

China, with a CAGR of +17.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refrigerated show-cases import price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform