Earlier Report Observations
The market for brakes and servo-brakes in Slovakia contracted between 2018 and 2020, with total market value falling from 851 million US dollars to 669 million US dollars. Domestic production declined from 752 million US dollars to 572 million US dollars over the same period, while imports dropped from 689 million US dollars to 587 million US dollars.
From 2021 onward, import values began a sustained upward trend, reaching 711 million US dollars in 2021 and climbing to 961 million US dollars by 2024. This growth was particularly pronounced in 2022 and 2023, when Slovakia emerged as one of the fastest-growing importers of vehicle parts including brakes and servo-brakes, reflecting increased demand or shifts in supply chains that boosted import activity.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2018-2020
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2018-2020
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4.1. In value
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5. Production
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5.1. Production in Slovakia
- 5.1.1. In kind, 2018-2020, M unit
- 5.1.2. In value, 2018-2020, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, M unit
- 5.2.2. In value, 2018-2024, M $ US
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5.1. Production in Slovakia
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Slovakia in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Slovakia by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Slovakia in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Slovakia by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Slovakia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Slovakia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Slovakia in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Slovakia by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Slovakia in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Slovakia by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Slovakia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Slovakia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from Slovakia in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Slovakia by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Slovakia in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Slovakia by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Slovakia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Slovakia by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Slovakia in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Slovakia by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Slovakia in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Slovakia by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Slovakia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Slovakia by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production brakes and servo-brakes in Slovakia
In value, 2017-2020, M $ US
Slovakia's production of brakes and servo-brakes declined for the second year in a row. In 2020, output was valued at 572.2 million US dollars, marking a modest decrease of 9.5% compared to 2019. Looking at the period from 2017 to 2020, production fell by 4.6%, which translates to an average annual decline of 1.6%. The peak was reached in 2018 at 751.9 million US dollars, with the largest increase that year of 25.3%. The most significant drop occurred in 2019, when production fell by 15.9%.
Annual dynamics of production in Slovakia in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 25.3% | (15.9%) | (9.5%) | (1.6%) |
Exports brakes and servo-brakes from Slovakia
Exports in kind, K t
Exports of brakes and servo-brakes from Slovakia declined for the second consecutive year. In 2020, exports totaled 73.1 thousand tonnes, down by 22.1% from 2019. Over the 2017-2020 period, exports decreased by 23.9%, averaging an annual decline of 8.7%. The highest volume was recorded in 2018 at 97.2 thousand tonnes, which also saw the largest increase of 1.1%.
Annual dynamics of product's exports from Slovakia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.1% | (3.5%) | (22.1%) | (8.7%) |
From 2017 to 2020, Germany, Czechia, and Poland were the main destinations for Slovakia's brakes and servo-brakes exports in volume terms. Germany accounted for 23.2% of exports, Czechia for 17.5%, and Poland for 10.5%. Together, these three countries represented 51.2% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Slovakia in kind, 2017-2020
Exports in value, M $ US
After two years of growth, exports of brakes and servo-brakes from Slovakia declined. In 2020, exports amounted to 490.4 million US dollars, showing a substantial decrease of 18.2% compared to the previous year. Over the 2017-2020 period, exports fell by 12.8%, with a compound annual growth rate of -4.5%. The peak value was in 2019 at 599.2 million US dollars, while the largest increase occurred in 2018 at 4.8%.
Annual dynamics of product's exports from Slovakia in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.8% | 1.7% | (18.2%) | (4.5%) |
From 2017 to 2020, Germany, Czechia, and France remained the top buyers of Slovakia's brakes and servo-brakes in value terms. Germany held a 30.6% share of exports, Czechia 13.1%, and France 8.5%. Collectively, these three countries accounted for 52.2% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Slovakia in value, 2017-2020
Imports brakes and servo-brakes to Slovakia
Imports in kind, K t
Imports of brakes and servo-brakes into Slovakia declined for the second year in a row. In 2020, imports reached 79.4 thousand tonnes, reflecting a strong decrease of 18.9% from 2019. Over the 2017-2020 period, imports dropped by 15.2%, with an average annual decline of 5.3%. The highest volume was in 2018 at 101.4 thousand tonnes, which also saw the largest increase of 8.3%.
Annual dynamics of product's imports to Slovakia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.3% | (3.4%) | (18.9%) | (5.3%) |
Between 2017 and 2020, Germany, South Korea, and Poland were the primary suppliers of brakes and servo-brakes to Slovakia in volume terms. Germany contributed 35.7% of imports, South Korea 10.3%, and Poland 10.3%. Together, these three countries made up 56.3% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Slovakia in kind, 2017-2020
Imports in value, M $ US
Imports of brakes and servo-brakes into Slovakia declined for the second consecutive year. In 2020, imports were valued at 490.4 million US dollars, indicating a substantial contraction of 10.8% year-over-year. Over the 2017-2020 period, imports increased by 6.6%, with a compound annual growth rate of 2.1%. The peak value was recorded in 2018 at 688.7 million US dollars, which also saw the largest increase of 25.0%.
Annual dynamics of product's imports to Slovakia in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 25.0% | (4.5%) | (10.8%) | 2.1% |
From 2017 to 2020, the leading sources for Slovakia's brakes and servo-brakes imports in value terms were Germany, South Korea, and Poland. Germany accounted for 39.2% of imports, South Korea for 11.6%, and Poland for 9.5%. Combined, these three countries represented 60.3% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Slovakia in value, 2017-2020
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