Report Update Nov 1, 2024

Slovakia - Root or Tuber Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Slovakia

The Slovak harvesting machinery market skyrocketed to $X in 2021, picking up by 20% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Harvesting Machinery Production in Slovakia

In value terms, harvesting machinery production stood at $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 31%. Harvesting machinery production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Harvesting Machinery Exports

Exports from Slovakia

Harvesting machinery exports from Slovakia declined remarkably to X units in 2018, falling by -75% compared with 2017. In general, exports faced a precipitous contraction. The smallest decline of -20% was in 2017. The exports peaked at X units in 2016; however, from 2017 to 2018, the exports remained at a lower figure.

In value terms, harvesting machinery exports declined markedly to $X in 2018. Over the period under review, exports faced a sharp contraction. The smallest decline of -9.8% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2018, the exports remained at a lower figure.

Exports by Country

Croatia (X units) was the main destination for harvesting machinery exports from Slovakia, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Croatia was relatively modest.

In value terms, Croatia ($X) emerged as the key foreign market for root or tuber harvesting machines exports from Slovakia.

From 2012 to 2018, the average annual growth rate of value to Croatia was relatively modest.

Export Prices by Country

In 2018, the average harvesting machinery export price amounted to $X per unit, which is down by -25.6% against the previous year. Over the period under review, the export price, however, saw a significant increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 67,290% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2018, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Croatia.

From 2012 to 2018, the rate of growth in terms of prices for Poland amounted to -8.8% per year.

Harvesting Machinery Imports

Imports into Slovakia

In 2021, purchases abroad of root or tuber harvesting machines increased by 263% to X units, rising for the second consecutive year after two years of decline. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 767% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, harvesting machinery imports soared to $X in 2021. Overall, imports enjoyed prominent growth. The growth pace was the most rapid in 2016 when imports increased by 1,003%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest harvesting machinery supplier to Slovakia, with a 12% share of total imports. Moreover, harvesting machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X units), twofold. The third position in this ranking was held by Denmark (X units), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+6.0% per year) and Denmark (+18.9% per year).

In value terms, Germany ($X) constituted the largest supplier of root or tuber harvesting machines to Slovakia, comprising 17% of total imports. The second position in the ranking was taken by Denmark ($X), with a 6.9% share of total imports. It was followed by Hungary, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +109.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+55.7% per year) and Hungary (+148.8% per year).

Import Prices by Country

In 2021, the average harvesting machinery import price amounted to $X per unit, shrinking by -1.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 44% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat 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 Denmark ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for root or tuber harvesting machines in the world?

The countries with the highest volumes of in 2021 were Brazil, China and the United States, with a combined 40% share of global consumption. These countries were followed by Italy, India, Japan, Russia, Poland, Pakistan, Germany, Indonesia, Bangladesh and Nigeria, which together accounted for a further 30%.

What are the largest producers of root or tuber harvesting machines in the world?

The countries with the highest volumes of in 2021 were Brazil, China and the United States, together comprising 40% of global production. Italy, India, Germany, Japan, Poland, Pakistan, Russia, Indonesia, Bangladesh and Nigeria lagged somewhat behind, together accounting for a further 32%.

What are the leading suppliers of root or tuber harvesting machines to Slovakia?

In value terms, the largest harvesting machinery suppliers to Slovakia were Germany, the Czech Republic and Denmark, with a combined 94% share of total imports. These countries were followed by Hungary and Poland, which together accounted for a further 5.8%.

What are the leading importers of root or tuber harvesting machines from Slovakia?

In value terms, Poland remains the key foreign market for harvesting machinery exports from Slovakia, comprising 70% of total exports. The second position in the ranking was occupied by Croatia, with a 2.6% share of total exports.

What is the average export price for root or tuber harvesting machines in Slovakia?

In 2019, the average harvesting machinery export price amounted to $20,605 per unit, growing by 53% against the previous year.

What is the average import price for root or tuber harvesting machines in Slovakia?

The average harvesting machinery import price stood at $68,325 per unit in 2021, dropping by -12.8% against the previous year.

This report provides an in-depth analysis of the harvesting machinery market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28305420 - Potato-diggers and potato harvesters
Prodcom 28305450 - Beet-topping machines and beet harvesters
Prodcom 28305480 - Root or tuber harvesting machines (excluding potato-diggers and potato harvesters, beet-topping machines and beet harvesters)

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023