Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia (FOB) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia (CIF) - 2022
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $74 per thousand units, growing by 4.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33%. Over the period under review, the average export prices hit record highs at $74 per thousand units in 2012; however, from 2013 to 2022, 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 Hungary ($97 per thousand units), while the average price for exports to Italy ($37 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $58 per thousand units in 2022, dropping by -5.8% against the previous year. In general, the import price, however, saw a measured increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 41% against the previous year. The import price peaked at $61 per thousand units in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($92 per thousand units), while the price for Hungary ($42 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia
For the fourth year in a row, Slovakia recorded growth in overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which increased by 60% to 4.8B units in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 112% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $356M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.6 | 56.1 | 120 | 253 | 127.1% |
| Spain | 0.3 | 10.1 | 14.3 | 18.3 | 293.6% |
| France | 1.2 | 4.1 | 14.6 | 18.2 | 147.5% |
| United States | 0.2 | 2.6 | 8.3 | 12.7 | 299.0% |
| Belgium | 5.9 | 5.0 | 7.4 | 10.2 | 20.0% |
| Czech Republic | 5.7 | 6.4 | 13.4 | 10.1 | 21.0% |
| Italy | 7.5 | 9.3 | 9.1 | 6.4 | -5.1% |
| Romania | 0.6 | 0.9 | 1.2 | 4.3 | 92.8% |
| Others | 11.3 | 13.2 | 24.5 | 22.7 | 26.2% |
| Total | 54.2 | 108 | 213 | 356 | 87.3% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Slovakia in 2022:
- Germany (2933.6M units)
- Spain (421.8M units)
- France (307.6M units)
- Belgium (209.1M units)
- United States (199.0M units)
- Italy (173.8M units)
- Czech Republic (152.7M units)
- Romania (105.1M units)
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia
Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Slovakia rose markedly to 4.3B units in 2022, picking up by 14% against the previous year's figure. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $247M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 45.1 | 50.0 | 68.3 | 64.7 | 12.8% |
| Italy | 29.8 | 40.7 | 53.8 | 56.3 | 23.6% |
| China | 10.7 | 10.2 | 28.9 | 42.6 | 58.5% |
| Czech Republic | 11.2 | 17.0 | 20.7 | 21.6 | 24.5% |
| South Korea | 6.3 | 10.6 | 9.9 | 10.3 | 17.8% |
| Austria | 6.5 | 4.3 | 5.8 | 9.8 | 14.7% |
| Poland | 4.0 | 5.4 | 5.9 | 5.8 | 13.2% |
| Hungary | 3.2 | 4.1 | 4.4 | 4.8 | 14.5% |
| Netherlands | 2.9 | 4.2 | 6.3 | 4.5 | 15.8% |
| France | 4.6 | 3.4 | 3.6 | 3.5 | -8.7% |
| United Kingdom | 2.4 | 2.8 | 3.4 | 2.5 | 1.4% |
| Others | 33.9 | 13.6 | 19.0 | 20.6 | -15.3% |
| Total | 161 | 166 | 230 | 247 | 15.3% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Slovakia in 2022:
- Germany (1414.0M units)
- Italy (960.2M units)
- China (504.3M units)
- Czech Republic (449.8M units)
- Austria (207.8M units)
- South Korea (113.2M units)
- Hungary (112.1M units)
- Poland (92.7M units)
- Netherlands (49.2M units)
- France (48.4M units)
- United Kingdom (30.1M units)
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