Slovakia: Straight Saw Blade Market 2024

Straight Saw Blade Market Size in Slovakia

The Slovak straight saw blade market declined significantly to $X in 2021, waning by -18.8% 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 significant growth. Straight saw blade consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Straight Saw Blade Exports

Exports from Slovakia

In 2021, approx. X tons of straight saw blades for working metal were exported from Slovakia; growing by 48% on the previous year's figure. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 139% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, straight saw blade exports soared to $X in 2021. Over the period under review, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 150%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons) was the main destination for straight saw blade exports from Slovakia, accounting for a 97% share of total exports. It was followed by the Czech Republic (X kg), with a 1.1% share of total exports. Poland (X kg) ranked third in terms of total exports with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-18.4% per year) and Poland (-22.3% per year).

In value terms, Germany ($X) remains the key foreign market for straight saw blades for working metal exports from Slovakia, comprising 91% of total exports. The second position in the ranking was taken by Poland ($X), with a 3.7% share of total exports. It was followed by the Czech Republic, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-14.1% per year) and the Czech Republic (-12.9% per year).

Export Prices by Country

The average straight saw blade export price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the export price, however, saw a mild reduction. The pace of growth was the most pronounced in 2018 an increase of 9.7%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Straight Saw Blade Imports

Imports into Slovakia

In 2021, overseas purchases of straight saw blades for working metal decreased by -17.7% to X tons, falling for the third year in a row after seven years of growth. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2013 with an increase of 342%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, straight saw blade imports soared to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 57% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of straight saw blade imports to Slovakia, together comprising 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +60.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of straight saw blades for working metal to Slovakia, comprising 74% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +40.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+34.9% per year) and Germany (+2.3% per year).

Import Prices by Country

The average straight saw blade import price stood at $X per ton in 2021, rising by 46% against the previous year. Overall, the import price, however, recorded a deep slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :