Slovakia - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Slovakia - 2023
Contents:
- Thermostat Price in Slovakia (FOB) - 2023
- Thermostat Price in Slovakia (CIF) - 2022
- Thermostat Exports in Slovakia
- Thermostat Imports in Slovakia
Thermostat Price in Slovakia (FOB) - 2023
The average thermostat export price stood at $2.5 per unit in June 2023, declining by -15.5% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 43% m-o-m. The export price peaked at $4.4 per unit in January 2023; however, from February 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($10.3 per unit), while the average price for exports to Egypt ($1.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Price in Slovakia (CIF) - 2022
In 2022, the average thermostat import price amounted to $5.1 per unit, reducing by -20.2% against the previous year. Overall, the import price, however, recorded moderate growth. The pace of growth appeared the most rapid in 2017 an increase of 78% against the previous year. Over the period under review, average import prices attained the maximum at $7.3 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($8.1 per unit), while the price for Luxembourg ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Exports in Slovakia
In 2022, approx. 4.9M units of thermostats were exported from Slovakia; with a decrease of -31% against the year before. Over the period under review, exports recorded a abrupt downturn. The smallest decline of -3.1% was in 2021. Over the period under review, the exports attained the peak figure at 7.7M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, thermostat exports shrank to $21M in 2022. In general, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 5.5% against the previous year. As a result, the exports reached the peak of $23M, and then reduced in the following year.
Export of Thermostat in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2,681 | 2,124 | 2,780 | 1,386 | -19.7% |
Denmark | 526 | 1,197 | 1,497 | 1,268 | 34.1% |
Hungary | 1,553 | 1,014 | 634 | 1,011 | -13.3% |
Belarus | 824 | 1,028 | 1,167 | 1,000 | 6.7% |
Romania | 1,707 | 1,363 | 795 | 943 | -17.9% |
Egypt | 582 | 728 | 783 | 939 | 17.3% |
Turkey | 1,021 | 1,227 | 1,397 | 924 | -3.3% |
Italy | 662 | 830 | 1,141 | 770 | 5.2% |
Germany | 2,865 | 2,498 | 906 | 577 | -41.4% |
United Arab Emirates | 111 | 66.4 | 97.3 | 467 | 61.4% |
Pakistan | 370 | 168 | 192 | 364 | -0.5% |
Bulgaria | 325 | 396 | 451 | 315 | -1.0% |
Serbia | 465 | 449 | 403 | 301 | -13.5% |
Others | 9,267 | 8,827 | 10,876 | 10,238 | 3.4% |
Total | 22,959 | 21,917 | 23,120 | 20,503 | -3.7% |
Top Export Markets for Thermostat from Slovakia in 2022:
- Brazil (590.6K units)
- Denmark (574.2K units)
- Turkey (557.5K units)
- Egypt (552.6K units)
- Belarus (510.4K units)
- United Arab Emirates (339.4K units)
- Italy (234.7K units)
- Pakistan (211.0K units)
- Romania (206.9K units)
- Bulgaria (131.3K units)
- Germany (128.9K units)
- Hungary (127.4K units)
- Serbia (99.1K units)
Thermostat Imports in Slovakia
For the fourth year in a row, Slovakia recorded growth in overseas purchases of thermostats, which increased by 25% to 4.4M units in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, thermostat imports declined to $22M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of $22M, leveling off in the following year.
Import of Thermostat in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.3 | 6.4 | 9.9 | 10.8 | 48.5% |
France | 4.4 | 3.5 | 2.5 | 2.5 | -17.2% |
Czech Republic | 1.1 | 2.5 | 2.3 | 2.1 | 24.1% |
Netherlands | 0.3 | 0.5 | 1.1 | 1.5 | 71.0% |
Italy | 0.8 | 0.5 | 0.6 | 0.7 | -4.4% |
Lithuania | N/A | 0.5 | 0.5 | 0.6 | 9.5% |
Luxembourg | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
South Korea | 1.0 | 1.0 | 0.3 | N/A | -45.2% |
Others | 5.8 | 3.2 | 5.0 | 4.0 | -11.6% |
Total | 16.9 | 18.1 | 22.4 | 22.2 | 9.5% |
Top Suppliers of Thermostat to Slovakia in 2022:
- Germany (2321.3K units)
- Netherlands (815.1K units)
- France (453.0K units)
- Czech Republic (305.0K units)
- Italy (93.3K units)
- Luxembourg (87.3K units)
- Lithuania (69.4K units)
- South Korea (35.2K units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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
-
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
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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