Fittings for buildings market in Slovakia

Earlier Report Observations

The Slovak market for base metal fittings for buildings reached 9 350 t in 2019. The following year, the COVID-19 pandemic disrupted supply chains and affected construction activity, leading to a contraction in physical market volume to 7 327 t. Despite the drop in tonnage, the market's value rose to $62.2 million, influenced by a consumer shift toward more sustainable and ecological products.

Post-pandemic recovery in 2021, driven by renewed demand in the construction sector, lifted the market volume to 8 084 t, although the market value fell to $55.4 million due to changes in raw material prices and logistical challenges that affected production costs. In 2022, ongoing initiatives to raise environmental standards in construction influenced production practices, while fluctuations in metal prices and energy costs directly impacted manufacturers' expenses.

In the later years, imports of metal fittings surged, reaching 20 330 t in 2024, while exports remained steady at around 6 000 t. This sharp rise in imports indicates growing domestic consumption or a shift in supply sources for the Slovak market.

Production fittings for buildings in Slovakia

In value, 2017-2020, K $ US

In 2020, the output of fittings for buildings in Slovakia was valued at 43 336 thousand US dollars, marking a 2.2% decrease compared to the previous year.

Annual dynamics of production in Slovakia in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Slovakia produced 8 483 tonnes of fittings for buildings, which represents a 4.6% decline from 2019.

Annual dynamics of production in Slovakia in kind, 2017-2020, t

Exports fittings for buildings from Slovakia

Exports in kind, t

Exported volumes of fittings for buildings from Slovakia declined for the second consecutive year. In 2020, exports reached 9 339 tonnes, down 5.6% from the previous year. Over the period from 2017 to 2020, exports decreased by 3.8%, with a compound annual growth rate of 1.3%. The largest increase occurred in 2018, at 9.8%, when exports peaked at 10 669 tonnes. The most significant decline was recorded in 2019, at 7.3%.

Annual dynamics of product's exports from Slovakia in kind, 2017-2020, t

From 2017 to 2020, the three largest markets for exports in kind were France, Poland, and Hungary, which together accounted for 78.4% of total 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, K $ US

Exports of fittings for buildings from Slovakia declined for the second year in a row. In 2020, exports amounted to 45 147 thousand US dollars, showing a significant drop of 12.9% compared to the prior year. Between 2017 and 2020, exports fell by 5.9%, equivalent to an annualized rate of 2.0%. The highest value was recorded in 2018 at 52 745 thousand US dollars, which also saw the largest increase of 9.9%.

Annual dynamics of product's exports from Slovakia in value, 2017-2020, K $ US

Between 2017 and 2020, the main buyers of fittings for buildings from Slovakia in value terms were France, with 39.1% of exports, Germany at 11.4%, and Hungary at 11.3%. Together, these three countries comprised 61.8% 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 fittings for buildings to Slovakia

Imports in kind, t

Slovakia's import volume of fittings for buildings declined for the third consecutive year. In 2020, imports stood at 8 184 tonnes, down 21.0% year-over-year. From 2017 to 2020, imports decreased by 45.5%, translating to an annualized rate of 18.3%.

Annual dynamics of product's imports to Slovakia in kind, 2017-2020, t

During 2017–2020, the primary sources for imports in kind were Poland, accounting for 30.2%, France at 24.4%, and Germany at 14.0%. Collectively, these markets made up 68.6% 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, K $ US

Imports of fittings for buildings into Slovakia declined for the second year in a row. In 2020, imports were valued at 63 975 thousand US dollars, indicating a 3.8% decrease compared to the previous year. The peak value was recorded in 2018 at 68 055 thousand US dollars, which also experienced the largest increase of 7.4%.

Annual dynamics of product's imports to Slovakia in value, 2017-2020, K $ US

From 2017 to 2020, the top suppliers of fittings for buildings to Slovakia in value terms were Germany, with 25.8% of imports, France at 21.0%, and Poland at 19.7%. Their combined share reached 66.5% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovakia in value, 2017-2020