Market research

Pulleys and flywheels market in Slovakia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for pulleys and flywheels in Slovakia contracted from 8 942 tons in 2018 to 6 021 tons in 2020. The decline in 2020 was influenced by the COVID-19 pandemic, which disrupted global supply chains and reduced industrial activity, dampening production and demand.

After 2020, the market recovered, reaching 8 954 tons in 2022 and further expanding to 10 028 tons in 2023 before hitting 11 387 tons in 2024. The growth in 2024 was primarily driven by increased demand for professional equipment linked to the expansion of the construction and industrial sectors, which raised consumption of pulleys and flywheels.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2020, 2022-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2020, 2022-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2020, 2022-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2020, 2022-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Slovakia
  1. 5.1.1. In kind, 2018-2020, 2022-2024, t
  2. 5.1.2. In value, 2018-2020, 2022-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, M $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Slovakia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Slovakia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Slovakia in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Slovakia by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Slovakia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Slovakia by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Slovakia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Slovakia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Slovakia in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Slovakia by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Slovakia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Slovakia by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Slovakia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Slovakia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Slovakia in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Slovakia by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Slovakia, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Slovakia by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Slovakia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Slovakia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Slovakia in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Slovakia by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Slovakia, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Slovakia by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production pulleys and flywheels in Slovakia

In value, 2017-2020, M $ US

Production of pulleys and flywheels in Slovakia declined for the second consecutive year. In 2020, output was valued at 132.4 million US dollars, marking a gradual decrease of 8.1% compared to 2019. The maximum value was recorded in 2018 at 157.2 million US dollars, which represented the largest increase of 61.7% during the period. The largest decline occurred in 2019 at 8.4%. Overall, from 2017 to 2020, production increased by 36.1%, with a compound annual growth rate of 10.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	61.7%	(8.4%)	(8.1%)	10.8%

Source: SHEV.io

In kind, 2017-2020, t

In 2020, Slovakia produced 7,925 tonnes of pulleys and flywheels, a decrease of 14.5% compared to 2019. The maximum production volume was recorded in 2019 at 9,267 tonnes. The largest increase occurred in 2018 at 53.1%. Over the period from 2017 to 2020, production increased by 31%, equating to an annualized growth rate of 9.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	53.1%	0.0%	(14.5%)	9.4%

Source: SHEV.io

Exports pulleys and flywheels from Slovakia

Exports in kind, t

Exports of pulleys and flywheels from Slovakia declined for the third consecutive year. In 2020, exports totalled 8,168 tonnes, representing a 13.0% decrease year-over-year. From 2017 to 2020, exports decreased by 40.1%, with an annualized decline rate of 15.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(23.7%)	(9.9%)	(13.0%)	(15.7%)

Source: SHEV.io

From 2017 to 2020, the leading destinations for Slovakia's exports of pulleys and flywheels in kind were Germany, accounting for 56.1% of exports, France with 18.3%, and Hungary at 8.4%. Together, these three countries represented 82.8% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Slovakia in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Export deliveries of pulleys and flywheels from Slovakia declined for the third consecutive year. In 2020, export volume reached 133.8 million US dollars, which is 8.0% lower than the previous year. Over the period from 2017 to 2020, exports decreased by 14.9%, with a compound annual decline rate of 5.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.2%)	(2.4%)	(8.0%)	(5.2%)

Source: SHEV.io

Throughout 2017 to 2020, Germany played the leading role in Slovakia's exports of pulleys and flywheels in value terms, accounting for 58.7% of exports, followed by France at 18.4%, and Hungary at 4.5%. Collectively, these three countries accounted for 81.6% of total export flows.

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

Source: SHEV.io

World map of product's exports from Slovakia in value, 2017-2020

Source: SHEV.io

Imports pulleys and flywheels to Slovakia

Imports in kind, t

Imports of pulleys and flywheels into Slovakia declined for the third consecutive year. In 2020, imports amounted to 6,264 tonnes, reflecting a significant decline of 14.7% compared to the previous year. Between 2017 and 2020, imports decreased by 42.4%, with an annualized decline rate of 16.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.2%)	(27.2%)	(14.7%)	(16.8%)

Source: SHEV.io

From 2017 to 2020, the primary suppliers of pulleys and flywheels to Slovakia in kind were South Korea, accounting for 47.5% of imports, Germany with 18.3%, and Italy at 16.4%. Together, these three countries represented 82.2% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Foreign supplies of pulleys and flywheels to Slovakia declined for the second consecutive year. In 2020, imports reached 66.1 million US dollars, down by 8.6% from 2019. The maximum value was recorded in 2018 at 76.2 million US dollars, which also saw the largest increase of 9.7%. Overall, from 2017 to 2020, imports decreased by 4.8%, with a compound annual decline rate of 1.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.7%	(5.0%)	(8.6%)	(1.6%)

Source: SHEV.io

From 2017 to 2020, the main markets for Slovakia's imports of pulleys and flywheels in value terms were South Korea, accounting for 34.8% of imports, Germany with 32.0%, and France at 9.1%. Together, these three countries represented 75.9% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io