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Slovakia - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Slovakia - 2023
Contents:
- Multimeter Price in Slovakia (CIF) - 2023
- Multimeter Price in Slovakia (FOB) - 2022
- Multimeter Imports in Slovakia
- Multimeter Exports in Slovakia
Multimeter Price in Slovakia (CIF) - 2023
In June 2023, the average multimeter import price amounted to $16.4 per unit, waning by -7.4% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 42% month-to-month. As a result, import price reached the peak level of $23.2 per unit. From November 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($19.2 per unit) and the Czech Republic ($18.5 per unit), while the price for South Korea ($13.8 per unit) and Poland ($15.0 per unit) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Multimeter Price in Slovakia (FOB) - 2022
The average multimeter export price stood at $116 per unit in 2022, growing by 62% against the previous year. In general, the export price recorded strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($356 per unit), while the average price for exports to Serbia ($6.6 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 the United States (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in Slovakia
In 2022, the amount of multimeters imported into Slovakia fell to 277K units, dropping by -12.5% compared with 2021 figures. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 6.2% against the previous year. Over the period under review, imports attained the maximum at 366K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, multimeter imports contracted markedly to $5.1M in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 0.4%. Imports peaked at $8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Multimeter in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 6,092 | 3,920 | 2,754 | 2,149 | -29.3% |
Romania | 66.7 | 368 | 1,471 | 1,004 | 146.9% |
Czech Republic | 277 | 269 | 185 | 536 | 24.6% |
China | 332 | 442 | 410 | 412 | 7.5% |
Germany | 261 | 278 | 455 | 216 | -6.1% |
Poland | 64.2 | 56.6 | 89.3 | 41.3 | -13.7% |
Others | 922 | 1,148 | 1,141 | 697 | -8.9% |
Total | 8,014 | 6,482 | 6,505 | 5,056 | -14.2% |
Top Suppliers of Multimeter to Slovakia in 2022:
- South Korea (139.2K units)
- Romania (63.6K units)
- China (31.5K units)
- Czech Republic (11.3K units)
- Poland (5.8K units)
- Germany (3.7K units)
Multimeter Exports in Slovakia
In 2022, after three years of growth, there was significant decline in shipments abroad of multimeters, when their volume decreased by -5.2% to 29K units. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 124%. As a result, the exports reached the peak of 31K units, and then shrank in the following year.
In value terms, multimeter exports surged to $3.4M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 226%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Multimeter in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.4 | 171 | 1,434 | 2,818 | 1817.0% |
Germany | 14.6 | 48.4 | 392 | 197 | 138.1% |
Hungary | 175 | 49.8 | 86.6 | 63.4 | -28.7% |
Czech Republic | 63.9 | 85.9 | 55.1 | 61.8 | -1.1% |
Poland | 13.8 | 40.9 | 49.5 | 41.7 | 44.6% |
Austria | 8.5 | 108 | 15.4 | 36.1 | 61.9% |
Ireland | N/A | 6.7 | 21.3 | 31.4 | 116.5% |
Others | 53.2 | 162 | 136 | 121 | 31.5% |
Total | 329 | 672 | 2,191 | 3,370 | 117.2% |
Top Export Markets for Multimeter from Slovakia in 2022:
- Germany (11.3K units)
- United States (7.9K units)
- Hungary (2.0K units)
- Czech Republic (1.8K units)
- Poland (1.5K units)
- Austria (0.8K units)
- Ireland (0.7K units)
This report provides an in-depth analysis of the multimeter market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26514310 - Multimeters
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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