Slovakia: Market for Vacuum Cleaners With Motor 2025

Market Size for Vacuum Cleaners With Motor in Slovakia

In 2021, the Slovak vacuum cleaner with motor market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption posted a remarkable increase. Vacuum cleaner with motor consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Vacuum Cleaners With Motor in Slovakia

In value terms, vacuum cleaner with motor production soared to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt shrinkage. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Vacuum Cleaners With Motor

Exports from Slovakia

In 2021, the amount of vacuum cleaners with motor exported from Slovakia totaled X tons, increasing by 8.8% on the year before. In general, exports posted significant growth. The growth pace was the most rapid in 2018 with an increase of 82% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, vacuum cleaner with motor exports soared to $X in 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 90%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The Czech Republic (X tons), Romania (X tons) and Hungary (X tons) were the main destinations of vacuum cleaner with motor exports from Slovakia, with a combined 61% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +152.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the key foreign market for vacuum cleaners with motor exports from Slovakia, comprising 35% of total exports. The second position in the ranking was held by Romania ($X), with a 15% share of total exports. It was followed by Poland, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to +34.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+152.3% per year) and Poland (+23.0% per year).

Export Prices by Country

In 2021, the average vacuum cleaner with motor export price amounted to $X per ton, with an increase of 14% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vacuum cleaner with motor export price increased by +16.6% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 17% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Romania ($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 Poland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into Slovakia

For the eighth consecutive year, Slovakia recorded growth in overseas purchases of vacuum cleaners with motor, which increased by 3.7% to X tons in 2021. In general, imports posted a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 59% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, vacuum cleaner with motor imports surged to $X in 2021. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 81%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

China (X tons), Romania (X tons) and the Czech Republic (X tons) were the main suppliers of vacuum cleaner with motor imports to Slovakia, together accounting for 74% of total imports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +91.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Czech Republic ($X) and Romania ($X) appeared to be the largest vacuum cleaner with motor suppliers to Slovakia, with a combined 72% share of total imports.

Romania, with a CAGR of +77.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average vacuum cleaner with motor import price amounted to $X per ton, picking up by 28% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the Czech Republic ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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