Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia (CIF) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia (FOB) - 2022
3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia
4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $82,673 per unit in 2022, jumping by 47% against the previous year. Over the period under review, import price indicated a prominent increase from 2020 to 2022: its price increased at an average annual rate of +18.9% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained 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 2022, amid the top importers, the country with the highest price was Germany ($135,430 per unit), while the price for Poland ($23 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+2,445.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $30,494 per unit in 2022, dropping by -7.1% against the previous year. Overall, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 252,258%. The export price peaked at $60,262 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($155,819 per unit), while the average price for exports to the Czech Republic ($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 Spain (+325.0%), while the prices for the other major destinations experienced a decline.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia

In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Slovakia declined dramatically to 40 units, waning by -56.5% compared with the previous year. Over the period under review, imports showed a significant contraction. The smallest decline of -32.8% was in 2021. Over the period under review, imports of hit record highs at 137 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped remarkably to $3.3M in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -35.5% was in 2021. Over the period under review, imports of reached the peak figure at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Slovakia in 2022:

1. Italy (10.0 units)
2. Spain (7.0 units)
3. Czech Republic (6.0 units)
4. China (5.0 units)
5. United Kingdom (2.0 units)
6. Germany (2.0 units)
7. Switzerland (2.0 units)
8. Netherlands (1.0 units)
9. Denmark (1.0 units)
10. Poland (1.0 units)
11. France (1.0 units)
12. Austria (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Slovakia

In 2022, approx. 46 units of casting machines; of a kind used in metallurgy or in metal foundrieses were exported from Slovakia; picking up by 64% against the year before. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,700% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $1.4M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 7,065,923% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Slovakia in 2022:

1. Austria (40.0 units)
2. Czech Republic (1.0 units)
3. Denmark (1.0 units)
4. United Kingdom (1.0 units)
5. Germany (1.0 units)
6. Russia (1.0 units)
7. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform