Slovakia: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Slovakia

The Slovak telephone apparatus market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Telephone Apparatus Production in Slovakia

In value terms, telephone apparatus production contracted rapidly to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the production volume increased by 51%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Telephone Apparatus Exports

Exports from Slovakia

In 2022, approx. X tons of telephone apparatus were exported from Slovakia; falling by -44% against the year before. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by 66%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephone apparatus exports shrank dramatically to $X in 2022. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2013 when exports increased by 39%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Hungary (X tons) and Austria (X tons) were the main destinations of telephone apparatus exports from Slovakia, together accounting for 27% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +19.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for telephone apparatus exports from Slovakia, comprising 26% of total exports. The second position in the ranking was held by Romania ($X), with an 11% share of total exports. It was followed by the Czech Republic, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Poland stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+0.3% per year) and the Czech Republic (-6.2% per year).

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, increasing by 5.6% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus export price decreased by -3.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 49%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the United States ($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 Switzerland (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Slovakia

In 2022, overseas purchases of telephone apparatus increased by 84% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 89%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports surged to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +10.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Austria (X tons) constituted the largest telephone apparatus supplier to Slovakia, accounting for a 20% share of total imports. Moreover, telephone apparatus imports from Austria exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. The third position in this ranking was held by Vietnam (X tons), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria amounted to +48.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+18.1% per year) and Vietnam (+44.7% per year).

In value terms, Austria ($X) constituted the largest supplier of telephone apparatus to Slovakia, comprising 65% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 10% share of total imports. It was followed by Vietnam, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from Austria totaled +36.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+10.0% per year) and Vietnam (+39.9% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, jumping by 17% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus import price increased by +78.2% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of 60%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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