Price for Milking Machines and Dairy Machinery in Slovakia - 2023

Contents:

  1. Price for Milking Machines and Dairy Machinery in Slovakia (CIF) - 2022
  2. Price for Milking Machines and Dairy Machinery in Slovakia (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Slovakia
  4. Exports of Milking Machines and Dairy Machinery in Slovakia

Price for Milking Machines and Dairy Machinery in Slovakia (CIF) - 2022

The average import price for milking machines and dairy machineries stood at $4,017 per unit in 2022, waning by -10.6% against the previous year. In general, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 93%. As a result, import price attained the peak level of $5,960 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($8,280 per unit), while the price for Turkey ($1,174 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Slovakia (FOB) - 2022

In 2022, the average export price for milking machines and dairy machineries amounted to $3,583 per unit, falling by -54.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices hit record highs at $7,820 per unit in 2021, and then reduced notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($11,039 per unit), while the average price for exports to Austria ($2,093 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 Belarus (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Slovakia

In 2022, supplies from abroad of milking machines and dairy machineries decreased by -34.9% to 1.4K units, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year. As a result, imports attained the peak of 2.4K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, milking machines and dairy machinery imports fell rapidly to $5.6M in 2022. Over the period under review, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2020 when imports increased by 98%. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Milking Machines and Dairy Machinery in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,1741,184838829-11.0%
Belgium41066573765116.7%
Czech Republic1,7257,0244,410574-30.7%
Denmark16926218524413.0%
United States402330290163-26.0%
Germany217453589122-17.5%
France34827043.8105-32.9%
Italy21959840866.4-32.8%
Turkey12150.578.350.2-25.4%
Others1,4241,4622,0942,82925.7%
Total6,21112,2989,6725,634-3.2%

Top Suppliers of Milking Machines and Dairy Machinery to Slovakia in 2022:

  1. Poland (388.0 units)
  2. Belgium (162.0 units)
  3. Czech Republic (139.0 units)
  4. France (50.0 units)
  5. Turkey (43.0 units)
  6. United States (35.0 units)
  7. Denmark (29.0 units)
  8. Germany (27.0 units)
  9. Italy (12.0 units)

Exports of Milking Machines and Dairy Machinery in Slovakia

In 2022, the amount of milking machines and dairy machineries exported from Slovakia surged to 1.7K units, growing by 104% on the previous year's figure. Over the period under review, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, milking machines and dairy machinery exports reduced to $6.1M in 2022. Overall, exports recorded a noticeable expansion. The pace of growth appeared the most rapid in 2020 with an increase of 92% against the previous year. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Milking Machines and Dairy Machinery in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.40.80.13.4104.1%
Czech Republic3.21.95.61.0-32.1%
BelarusN/A3.60.50.9-50.0%
Austria0.80.50.10.5-14.5%
Lithuania0.1N/AN/A0.10.0%
Poland0.80.1N/AN/A-87.5%
UkraineN/A3.6N/AN/A0%
Others0.1N/A0.20.10.0%
Total5.510.66.56.13.5%

Top Export Markets for Milking Machines and Dairy Machinery from Slovakia in 2022:

  1. Russia (1151.0 units)
  2. Austria (223.0 units)
  3. Czech Republic (179.0 units)
  4. Belarus (79.0 units)
  5. Lithuania (32.0 units)
  6. Ukraine (2.0 units)

Source: IndexBox Market Intelligence Platform

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