Slovakia - Stainless Steel Sinks And Wash Basins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStainless Steel Sink Price in Slovakia - 2023
Contents:
- Stainless Steel Sink Price in Slovakia (FOB) - 2023
- Stainless Steel Sink Price in Slovakia (CIF) - 2023
- Stainless Steel Sink Exports in Slovakia
- Stainless Steel Sink Imports in Slovakia
Stainless Steel Sink Price in Slovakia (FOB) - 2023
In August 2023, the average stainless steel sink export price amounted to $212 per unit, surging by 3.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in February 2023 an increase of 18% month-to-month. The export price peaked at $222 per unit in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Sweden ($298 per unit), while the average price for exports to the Czech Republic ($129 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Sink Price in Slovakia (CIF) - 2023
In August 2023, the average stainless steel sink import price amounted to $116 per unit, picking up by 7.6% against the previous month. Overall, import price indicated strong growth from August 2022 to August 2023: its price increased at an average monthly rate of +8.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, stainless steel sink import price decreased by -4.2% against June 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 140% against the previous month. The import price peaked at $130 per unit in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($224 per unit), while the price for Poland ($101 per unit) was amongst the lowest.
From August 2022 to August 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.
Stainless Steel Sink Exports in Slovakia
In 2022, after three years of growth, there was significant decline in shipments abroad of stainless steel sinks and wash basins, when their volume decreased by -34.4% to 16K units. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 158%. Over the period under review, the exports hit record highs at 25K units in 2021, and then contracted remarkably in the following year.
In value terms, stainless steel sink exports declined notably to $2.8M in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 214% against the previous year. The exports peaked at $4.5M in 2021, and then fell rapidly in the following year.
Export of Stainless Steel Sink in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 87.0 | 1,662 | 2,108 | 1,377 | 151.1% |
United States | 181 | 389 | 585 | 679 | 55.4% |
Hungary | 2.4 | 65.6 | 103 | 145 | 292.4% |
Czech Republic | 32.9 | 153 | 186 | 117 | 52.6% |
Sweden | N/A | 67.4 | 106 | 114 | 30.1% |
Spain | N/A | 58.8 | 159 | 81.3 | 17.6% |
France | 6.5 | 248 | 190 | 75.7 | 126.7% |
Slovenia | N/A | 161 | 130 | 71.8 | -33.2% |
Australia | 494 | 225 | 248 | 28.7 | -61.3% |
Others | 325 | 513 | 674 | 129 | -26.5% |
Total | 1,128 | 3,544 | 4,488 | 2,818 | 35.7% |
Top Export Markets for Stainless Steel Sink from Slovakia in 2022:
- Germany (7.7K units)
- United States (3.4K units)
- Czech Republic (1.4K units)
- Hungary (0.8K units)
- Spain (0.6K units)
- France (0.5K units)
- Sweden (0.5K units)
- Slovenia (0.4K units)
- Australia (0.2K units)
Stainless Steel Sink Imports in Slovakia
For the third consecutive year, Slovakia recorded decline in overseas purchases of stainless steel sinks and wash basins, which decreased by -15.8% to 29K units in 2022. In general, imports showed a deep reduction. The smallest decline of -1.8% was in 2021. Imports peaked at 40K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, stainless steel sink imports fell notably to $2.5M in 2022. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 6.2%. Over the period under review, imports hit record highs at $3.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Stainless Steel Sink in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 974 | 1,011 | 1,198 | 865 | -3.9% |
Czech Republic | 1,121 | 897 | 873 | 739 | -13.0% |
Greece | 50.0 | 200 | 224 | 245 | 69.8% |
China | 126 | 180 | 198 | 124 | -0.5% |
Italy | 1,026 | 297 | 169 | 87.0 | -56.1% |
Poland | 144 | 105 | 97.3 | 64.2 | -23.6% |
Others | 248 | 174 | 283 | 386 | 15.9% |
Total | 3,689 | 2,864 | 3,042 | 2,511 | -12.0% |
Top Suppliers of Stainless Steel Sink to Slovakia in 2022:
- Czech Republic (10.3K units)
- Germany (10.2K units)
- Greece (1.8K units)
- China (1.7K units)
- Italy (0.7K units)
- Poland (0.6K units)
This report provides an in-depth analysis of the stainless steel sink 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 25991110 - Stainless steel sinks and wash basins
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
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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
This report provides an in-depth analysis of the stainless steel sink market in Slovakia.
This report provides an in-depth analysis of the metal bath market in Slovakia.
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This report provides an in-depth analysis of the global stainless steel sink market.
This report provides an in-depth analysis of the global metal bath market.
This report provides an in-depth analysis of the global market for iron or steel sanitary ware.
This report provides an in-depth analysis of the stainless steel sink market in Slovakia.
This report provides an in-depth analysis of the metal bath market in Slovakia.
This report provides an in-depth analysis of the market for iron or steel sanitary ware in Slovakia.
This report provides an in-depth analysis of the global stainless steel sink market.
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