From January to June 2021, China and Slovakia increased by $2,786,307,500 compared with the same period in 2020, an increase of 89.8% year-on-year.
From January to June 2021, the total value of China’s exports to Slovakia was US$2,066.041 million, an increase of US$874.527 million compared with the same period in 2020, a year-on-year increase of 75.2%; the total value of China’s imports from Slovakia was US$3,849.5096 million, compared with 2020 In the same period, an increase of 1911.7806 million US dollars, a year-on-year increase of 98.8%
It can be seen from the data that the trade between China and Slovakia will experience explosive growth in 2021, and the economic and trade cooperation between the two countries will be closer. Slovakia is a country with a long history in manufacturing, and the automotive industry and electronics industry are the country's pillar industries. Dongqi Cần Cẩu has been working hard to open up the crane market in Slovakia. This article will explore the future of the Slovak crane market in 2022 from the Slovak overhead crane import and export scale.
Before we start discussing the aerial crane market in Slovakia, we have a few small questions that need to be answered first. Let’s take a look
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The Slovak Overhead Crane Market fell to X USD in 2020, remaining unchanged compared to the previous year. Overall, however, consumption recorded a marked decrease. The most significant growth rate occurred in 2015, with an X% year-over-year increase. During the period under review, the market hit an all-time high of $X in 2007; however, from 2008 to 2020, consumption has remained low.
In value terms, the production of overhead cranes in 2020 is estimated to have shrunk to $X at export prices. During the period under review, there were serious setbacks in production. The most significant growth rate occurred in 2016, which was an X% increase compared to the previous year. Overhead crane production peaked at $X in 2008; however, from 2009 to 2020, production has remained low.
In 2020, overseas shipments of fixed-support overhead cranes increased by X% to X units for the first time since 2016, ending a three-year downward trend. During the period under review, however, there was a marked decline in exports. The growth rate was most pronounced in 2016, with an X% increase over the previous year. During the period under review, exports reached an all-time high of X units in 2008; however, from 2009 to 2020, exports were slightly lower.
Overhead crane exports surged to $X in 2020 by value. But overall, exports suffered a serious setback. The growth rate was most pronounced in 2016, with a year-on-year increase of X%. During the period under review, exports hit an all-time high of X dollars in 2008; however, from 2009 to 2020, exports have been at lower levels.
Switzerland (X units) was the main destination for Slovakian bridge crane exports, accounting for X% of total exports. In addition, exports of overhead cranes to Switzerland are seven times higher than exports to the second largest destination, Serbia (X units). From 2007 to 2020, the average annual growth rate of cargo traffic to Switzerland was +X%. Exports to other major destinations recorded the following average annual export growth rates: Serbia (+X% per annum) and Czech Republic (-X% per annum).
In value terms, Switzerland ($X) emerged as the leading foreign market for Slovakian bridge crane exports, accounting for X% of total exports. In second place is Serbia ($X) with X% of total exports. From 2007 to 2020, the average annual growth rate of the value to Switzerland reached +X%. Exports to other major destinations recorded the following average annual export growth rates: Serbia (+X% per annum) and Czech Republic (-X% per annum).
For the fourth year in a row, Slovakia's foreign supply of fixed-support overhead cranes increased by X% to X units in 2020. Overall, imports have grown significantly. The fastest growth in 2011 was X% over the previous year. Imports peaked in 2020 and are expected to keep growing in the near future.
Overhead crane imports surged to $X in 2020 by value. Overall, imports have grown significantly. The most significant growth rate occurred in 2011, with an X% year-on-year increase. Imports peaked in 2020 and are expected to keep growing for years to come.
In 2020, Germany (X units) was the largest supplier of overhead cranes to Slovakia, accounting for X% of total imports. In addition, overhead cranes imported from Germany were three times higher than the number recorded by the second largest supplier, Finland (X units). From 2007 to 2020, the average annual growth rate of sales in Germany totaled +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Finland (+X% per annum) and the Czech Republic (+X% per annum). Germany ($X) is the largest supplier of overhead cranes to Slovakia by value, accounting for X% of total imports. In second place is Finland ($X) with X% of total imports. From 2007 to 2020, the average annual growth rate in value in Germany reached +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Finland (+X% per annum) and the Czech Republic (+X% per annum).
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