Report Update Nov 1, 2024

Slovakia - Safety or Relief Valves for Pipes, Boiler Shells, Tanks and Vats - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Safety Valve Market 2024

Safety Valve Market Size in Slovakia

The Slovak safety valve market declined sharply to $X in 2021, with a decrease of -34.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a buoyant increase. Over the period under review, the market hit record highs at $X in 2020, and then reduced notably in the following year.

Safety Valve Exports

Exports from Slovakia

Safety valve exports from Slovakia surged to X units in 2021, jumping by 364% against 2020 figures. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, safety valve exports surged to $X in 2021. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X units) was the main destination for safety valve exports from Slovakia, accounting for a 68% share of total exports. Moreover, safety valve exports to Bulgaria exceeded the volume sent to the second major destination, the Czech Republic (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria stood at +181.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+24.9% per year) and Germany (+2.9% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for safety or relief valves for pipes, boiler shells, tanks and vats exports from Slovakia, comprising 68% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Bulgaria amounted to +158.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+7.3% per year) and Germany (-0.8% per year).

Export Prices by Country

In 2021, the average safety valve export price amounted to $X per unit, with a decrease of -30.9% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 23%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.6%), while the prices for the other major destinations experienced a decline.

Safety Valve Imports

Imports into Slovakia

Safety valve imports into Slovakia skyrocketed to X units in 2021, with an increase of 131% compared with the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, safety valve imports skyrocketed to $X in 2021. In general, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Italy (X units) and the Czech Republic (X units) were the main suppliers of safety valve imports to Slovakia, together accounting for 73% of total imports. Spain, Hungary, Luxembourg, Poland and South Korea lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +391.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of safety or relief valves for pipes, boiler shells, tanks and vats to Slovakia, comprising 36% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Hungary, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+29.5% per year) and Hungary (+68.2% per year).

Import Prices by Country

In 2021, the average safety valve import price amounted to $X per unit, declining by -28.9% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. Over the period under review, average import prices reached the peak figure 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, the country with the highest price was Luxembourg ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safety or relief valves for pipes, boiler shells, tanks and vats in the world?

China remains the largest safety valve consuming country worldwide, accounting for 26% of total volume. Moreover, safety valve consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The U.S. ranked third in terms of total consumption with a 9.8% share.

What are the largest producers of safety or relief valves for pipes, boiler shells, tanks and vats in the world?

The countries with the highest volumes of safety valve production in 2020 were China, the U.S. and India, with a combined 57% share of global production. Japan, Italy, France, Taiwan Chinese), South Korea, Germany, Mexico, Thailand and Saudi Arabia lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of safety or relief valves for pipes, boiler shells, tanks and vats to Slovakia?

In value terms, Germany constituted the largest supplier of safety valve to Slovakia, comprising 37% of total imports. The second position in the ranking was occupied by Italy, with a 18% share of total imports. It was followed by the Czech Republic, with a 12% share.

What are the leading importers of safety or relief valves for pipes, boiler shells, tanks and vats from Slovakia?

In value terms, the Czech Republic, China and Germany appeared to be the largest markets for safety valve exported from Slovakia worldwide, with a combined 89% share of total exports.

What is the average export price for safety or relief valves for pipes, boiler shells, tanks and vats in Slovakia?

In 2020, the average safety valve export price amounted to $26 per unit, remaining relatively unchanged against the previous year.

What is the average import price for safety or relief valves for pipes, boiler shells, tanks and vats in Slovakia?

In 2020, the average safety valve import price amounted to $32 per unit, rising by 2.1% against the previous year.

This report provides an in-depth analysis of the safety valve 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like

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