Slovakia - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 7, 2024

Slovakia - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Gear Cutting Machine Price in Slovakia - 2023

Contents:

  1. Gear Cutting Machine Price in Slovakia (CIF) - 2022
  2. Gear Cutting Machine Price in Slovakia (FOB) - 2022
  3. Gear Cutting Machine Imports in Slovakia
  4. Gear Cutting Machine Exports in Slovakia

Gear Cutting Machine Price in Slovakia (CIF) - 2022

The average gear cutting machine import price stood at $4,685 per unit in 2022, dropping by -52.5% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 166% against the previous year. The import price peaked at $58,787 per unit in 2017; however, from 2018 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 Germany ($179,733 per unit), while the price for the Czech Republic ($2,194 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Gear Cutting Machine Price in Slovakia (FOB) - 2022

In 2022, the average gear cutting machine export price amounted to $6,164 per unit, which is down by -50.1% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 373% against the previous year. The export price peaked at $65,832 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($36,493 per unit), while the average price for exports to Hungary ($4,481 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 Austria (+434.2%), while the prices for the other major destinations experienced mixed trend patterns.

Gear Cutting Machine Imports in Slovakia

In 2022, approx. 683 units of gear cutting, gear grinding or gear finishing machines were imported into Slovakia; growing by 96% against the previous year. Over the period under review, imports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 201% against the previous year. Imports peaked at 1.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, gear cutting machine imports reduced to $3.2M in 2022. In general, imports, however, recorded a precipitous descent. Over the period under review, imports hit record highs at $26M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Gear Cutting Machine in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.44.42.11.7-52.0%
Czech RepublicN/A0.51.31.467.3%
Italy4.6N/AN/AN/A0%
Others6.2N/AN/AN/A0%
Total26.24.83.43.2-50.4%

Top Suppliers of Gear Cutting Machine to Slovakia in 2022:

  1. Czech Republic (660.0 units)
  2. Germany (10.0 units)
  3. Italy (2.0 units)

Gear Cutting Machine Exports in Slovakia

In 2022, overseas shipments of gear cutting, gear grinding or gear finishing machines decreased by -27.8% to 13 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 410% against the previous year. As a result, the exports reached the peak of 102 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, gear cutting machine exports reduced rapidly to $80K in 2022. Overall, exports showed a dramatic slump. The smallest decline of -5.4% was in 2020. The exports peaked at $671K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Gear Cutting Machine in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India37.081.213544.26.1%
South KoreaN/A17.2N/A31.034.3%
HungaryN/A105N/A4.9-78.4%
Germany46166.30.10.1-94.0%
SpainN/A175N/AN/A0%
AustriaN/A54.636.8N/A-32.6%
Italy17386.8N/AN/A-49.8%
UkraineN/A29.2N/AN/A0%
OthersN/A20.055.1N/A175.5%
Total67163522780.1-50.8%

Top Export Markets for Gear Cutting Machine from Slovakia in 2022:

  1. India (8.0 units)
  2. South Korea (4.0 units)
  3. Hungary (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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