Price for Navigational Instruments and Appliances; Parts and Accessories in Slovakia - 2023

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Slovakia (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Slovakia (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Slovakia
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Slovakia

Price for Navigational Instruments and Appliances; Parts and Accessories in Slovakia (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $139,585 per ton, which is down by -69.8% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 165%. The import price peaked at $841,344 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($1,427,611 per ton), while the price for China ($16,696 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+273.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Slovakia (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $309,725 per ton in 2022, waning by -43.3% against the previous year. In general, the export price faced a sharp shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 392% against the previous year. Over the period under review, the average export prices hit record highs at $6,618,295 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 the Czech Republic ($4,013,000 per ton), while the average price for exports to Hungary ($133,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+30.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Slovakia

In 2022, overseas purchases of navigational instruments and appliances; parts and accessorieses were finally on the rise to reach 1.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of navigational instruments and appliances; parts and accessorieses soared to $210K in 2022. Overall, imports, however, continue to indicate a perceptible decrease.

Import of Navigational Instruments and Appliances; Parts and Accessories in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18484.251.8121-13.0%
Germany5.624.437.825.766.2%
China17.5N/AN/A20.24.9%
Taiwan (Chinese)0.1N/A0.19.1349.8%
LithuaniaN/AN/AN/A6.20%
Netherlands5.38.65.34.6-4.6%
SpainN/AN/A0.34.61433.3%
PolandN/A15.06.00.1-91.8%
NorwayN/AN/A14.9N/A0%
Others18.814.216.617.8-1.8%
Total232146133210-3.3%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Slovakia in 2022:

  1. China (1209.0 kg)
  2. United States (87.0 kg)
  3. Taiwan (Chinese) (54.0 kg)
  4. Lithuania (43.0 kg)
  5. Netherlands (27.0 kg)
  6. Spain (24.0 kg)
  7. Germany (18.0 kg)
  8. Poland (1.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Slovakia

Exports of navigational instruments and appliances; parts and accessorieses from Slovakia skyrocketed to 233 kg in 2022, jumping by 39% against the previous year's figure. In general, exports recorded a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of navigational instruments and appliances; parts and accessorieses contracted dramatically to $72K in 2022. Over the period under review, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 81%. As a result, the exports reached the peak of $247K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Navigational Instruments and Appliances; Parts and Accessories in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30.7N/A1.835.34.8%
AustriaN/AN/A19.229.252.1%
Czech Republic86.423043.64.0-64.1%
AlgeriaN/AN/AN/A2.10%
PolandN/A0.820.30.4-29.3%
HungaryN/AN/A4.00.1-97.5%
RussiaN/A8.9N/AN/A0%
Others19.36.72.81.0-62.7%
Total13724791.772.2-19.2%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Slovakia in 2022:

  1. Austria (139.0 kg)
  2. Germany (73.0 kg)
  3. Algeria (11.0 kg)
  4. Poland (2.0 kg)
  5. Czech Republic (1.0 kg)
  6. Hungary (1.0 kg)

Source: IndexBox Market Intelligence Platform

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