Slovakia: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in Slovakia

The Slovak stone sawing machine market stood at $X in 2021, increasing by 13% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -10.0% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Stone Sawing Machine Production in Slovakia

In value terms, stone sawing machine production surged to $X in 2021 estimated in export price. Over the period under review, production enjoyed a significant expansion. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Stone Sawing Machine Exports

Exports from Slovakia

In 2021, the amount of sawing machines for working stone, ceramics and concrete exported from Slovakia surged to X units, growing by 112% compared with 2020. Over the period under review, exports showed resilient growth. The growth pace was the most rapid in 2017 with an increase of 2,067%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, stone sawing machine exports soared to $X in 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 1,436% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for stone sawing machine exports from Slovakia, with a 67% share of total exports. Moreover, stone sawing machine exports to the Czech Republic exceeded the volume sent to the second major destination, Ukraine (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic amounted to +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Germany (+16.1% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from Slovakia, comprising 83% of total exports. The second position in the ranking was held by Germany ($X), with a 16% share of total exports. It was followed by Ukraine, with a 0.1% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-6.2% per year) and Ukraine (0.0% per year).

Export Prices by Country

In 2021, the average stone sawing machine export price amounted to $X per unit, falling by -4.1% against the previous year. Overall, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 2,670%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Ukraine ($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 Russia (+20.9%), while the prices for the other major destinations experienced a decline.

Stone Sawing Machine Imports

Imports into Slovakia

After two years of decline, overseas purchases of sawing machines for working stone, ceramics and concrete increased by 171% to X units in 2021. In general, imports recorded a resilient expansion. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, stone sawing machine imports surged to $X in 2021. Overall, imports showed a significant increase. Over the period under review, imports attained the peak figure at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

The Czech Republic (X units), Italy (X units) and Germany (X units) were the main suppliers of stone sawing machine imports to Slovakia, together accounting for 93% of total imports. Austria and Poland lagged somewhat behind, together accounting for a further 5.6%. Moreover, stone sawing machine imports in the Czech Republic exceeded the figures recorded by the second-largest supplier, Italy, twofold.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +36.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Slovakia, comprising 49% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic amounted to +52.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.8% per year) and Germany (+5.2% per year).

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, which is down by -1.7% against the previous year. Overall, the import price, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 95%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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