Slovakia: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Slovakia

The Slovak telephonic switching apparatus market dropped to $X in 2022, which is down by -12.6% against the previous year. In general, consumption, however, showed significant growth. Telephonic switching apparatus consumption peaked at $X in 2021, and then declined in the following year.

Telephonic Switching Apparatus Production in Slovakia

In value terms, telephonic switching apparatus production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Telephonic switching apparatus production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports from Slovakia

In 2022, the amount of telephonic or telegraphic switching apparatus exported from Slovakia skyrocketed to X units, with an increase of 23% compared with 2021 figures. Over the period under review, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 148% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, telephonic switching apparatus exports reached $X in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 88%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Hungary (X units), Poland (X units) and Germany (X units) were the main destinations of telephonic switching apparatus exports from Slovakia, with a combined 45% share of total exports. The Czech Republic, France, the Netherlands, Lithuania and the UK lagged somewhat behind, together accounting for a further 9.6%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +97.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for telephonic switching apparatus exported from Slovakia were Poland ($X), Germany ($X) and Hungary ($X), together comprising 56% of total exports. The Czech Republic, the Netherlands, Lithuania, the UK and France lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, Lithuania, with a CAGR of +115.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average telephonic switching apparatus export price stood at $X per unit in 2021, picking up by 79% against the previous year. Overall, the export price continues to indicate resilient growth. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to France ($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 (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports into Slovakia

In 2022, the amount of telephonic or telegraphic switching apparatus imported into Slovakia amounted to X units, with an increase of 2.9% against the year before. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by 91%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, telephonic switching apparatus imports declined modestly to $X in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 131% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined slightly in the following year.

Imports by Country

The Czech Republic (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of telephonic switching apparatus imports to Slovakia, with a combined 23% share of total imports. China, Vietnam, Sweden, Austria, France, Malaysia, Poland and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +137.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of telephonic or telegraphic switching apparatus to Slovakia, comprising 29% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by the Czech Republic, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria stood at +74.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+42.3% per year) and the Czech Republic (+43.6% per year).

Import Prices by Country

In 2021, the average telephonic switching apparatus import price amounted to $X per unit, growing by 23% against the previous year. Over the period under review, the import price saw prominent growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 85% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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