Slovakia: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Slovakia

After two years of growth, the Slovak market for spray guns and similar appliances decreased by -31.9% to $X in 2022. Over the period under review, consumption showed a abrupt decrease. Spray guns and similar appliances consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Spray Guns And Similar Appliances

Exports from Slovakia

Spray guns and similar appliances exports from Slovakia dropped remarkably to X units in 2022, falling by -56.9% on 2021 figures. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 278%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances exports reduced markedly to $X in 2022. Over the period under review, exports, however, recorded a modest expansion. The pace of growth was the most pronounced in 2019 with an increase of 60%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Austria (X units), Hungary (X units) and the Czech Republic (X units) were the main destinations of spray guns and similar appliances exports from Slovakia, together comprising 65% of total exports. Germany, Romania, France and Poland lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +158.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the Czech Republic ($X) and Hungary ($X) appeared to be the largest markets for spray guns and similar appliances exported from Slovakia worldwide, together comprising 59% of total exports.

Austria, with a CAGR of +94.3%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 export price for spray guns and similar appliances stood at $X per unit in 2022, growing by 12% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 43%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to France ($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 Poland (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Slovakia

In 2022, overseas purchases of spray guns and similar appliances decreased by -44.9% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 46% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, spray guns and similar appliances imports contracted remarkably to $X in 2022. In general, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2013 with an increase of 104% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spray guns and similar appliances to Slovakia, with a 54% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was taken by the Netherlands (X units), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+31.4% per year) and the Netherlands (+20.4% per year).

In value terms, the largest spray guns and similar appliances suppliers to Slovakia were China ($X), the United States ($X) and Germany ($X), together comprising 62% of total imports. Italy, the Czech Republic, the Netherlands and Poland lagged somewhat behind, together accounting for a further 24%.

Poland, with a CAGR of +52.0%, saw the highest rates of growth with regard to the value of imports, among 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 import price for spray guns and similar appliances stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 53%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($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 (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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