Report Update Nov 1, 2024

Slovakia - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Self-Propelled Excavating Machinery Market 2024

Self-Propelled Excavating Machinery Market Size in Slovakia

For the fifth consecutive year, the Slovak self-propelled excavating machinery market recorded decline in sales value, which decreased by -2.1% to $X in 2021. Over the period under review, consumption, however, saw a perceptible expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Self-Propelled Excavating Machinery Production in Slovakia

In value terms, self-propelled excavating machinery production contracted significantly to $X in 2021 estimated in export price. Over the period under review, production showed strong growth. The growth pace was the most rapid in 2020 when the production volume increased by 114% against the previous year. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.

Self-Propelled Excavating Machinery Exports

Exports from Slovakia

In 2021, the amount of self-propelled earth moving, excavating machinery exported from Slovakia surged to X units, increasing by 33% compared with 2020. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 1,150% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, self-propelled excavating machinery exports reached $X in 2021. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 977%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

The Czech Republic (X units) was the main destination for self-propelled excavating machinery exports from Slovakia, with a 88% share of total exports. Moreover, self-propelled excavating machinery exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X units), more than tenfold. The third position in this ranking was taken by Lithuania (X units), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic amounted to +98.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+41.7% per year) and Lithuania (+63.0% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for self-propelled earth moving, excavating machinery exports from Slovakia, comprising 92% of total exports. The second position in the ranking was held by Hungary ($X), with a 3.9% share of total exports. It was followed by Lithuania, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic amounted to +110.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+45.3% per year) and Lithuania (+57.2% per year).

Export Prices by Country

In 2021, the average self-propelled excavating machinery export price amounted to $X per unit, with a decrease of -13.7% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 3.1%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, 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 the Czech Republic (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Excavating Machinery Imports

Imports into Slovakia

In 2021, approx. X units of self-propelled earth moving, excavating machinery were imported into Slovakia; with an increase of 103% compared with 2020. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 156% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled excavating machinery imports soared to $X in 2021. In general, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 176%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled earth moving, excavating machinery in the world?

The countries with the highest volumes of self-propelled excavating machinery consumption in 2021 were China, France and Spain, with a combined 39% share of global consumption. Belgium, the Czech Republic, the UK, Indonesia, Japan, Singapore, Denmark, Thailand, Australia and the Netherlands lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of self-propelled earth moving, excavating machinery in the world?

China constituted the country with the largest volume of self-propelled excavating machinery production, comprising approx. 35% of total volume. Moreover, self-propelled excavating machinery production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. Spain ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of self-propelled earth moving, excavating machinery to Slovakia?

In value terms, Germany constituted the largest supplier of self-propelled excavating machinery to Slovakia, comprising 39% of total imports. The second position in the ranking was occupied by the Czech Republic, with an 18% share of total imports. It was followed by Poland, with a 17% share.

What are the leading importers of self-propelled earth moving, excavating machinery from Slovakia?

In value terms, the Czech Republic remains the key foreign market for self-propelled excavating machinery exports from Slovakia, comprising 92% of total exports. The second position in the ranking was occupied by Hungary, with a 3.9% share of total exports.

What is the average export price for self-propelled earth moving, excavating machinery in Slovakia?

In 2021, the average self-propelled excavating machinery export price amounted to $6,117 per unit, surging by 22% against the previous year.

What is the average import price for self-propelled earth moving, excavating machinery in Slovakia?

In 2021, the average self-propelled excavating machinery import price amounted to $5,908 per unit, with an increase of 17% against the previous year.

This report provides an in-depth analysis of the self-propelled excavating 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

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