Tools for pressing, stamping or punching market in Slovakia

Earlier Report Observations

Between 2018 and 2020, the Slovak market for pressing, stamping, and punching tools saw significant movement. Domestic production more than doubled from 1 179 t to 2 742 t. The total market volume grew from 4 619 t, valued at $64.2 million, in 2018 to 6 951 t ($92.8 million) in 2019, before contracting to 5 370 t ($66.3 million) in 2020. The market in 2018 was characterized by standard product offerings, such as stamping dies from suppliers like UNY, which catered to both manual and machine metal stamping needs.

Following 2020, full market size data is unavailable, but trade flows showed volatility. Import volumes peaked at 10 130 t in 2023 before falling sharply to 5 099 t in 2024, with exports tracing a similar trajectory. The year 2024 introduced the next-generation Viega Pressguns 6 pressing tools, featuring ergonomic design and improved handling for work in confined spaces. Concurrently, the official expansion of the Allegro sales platform into Slovakia altered distribution channels for industrial tools, while global supply chain disruptions likely impacted trade volumes and availability.

Production pressing, stamping and punching tools in Slovakia

In value, 2017-2020, K $ US

Slovakia's production of tools for pressing, stamping, or punching has increased for the third consecutive year. In 2020, the output was valued at 51 418 thousand US dollars, remaining virtually unchanged compared to the previous year. Over the period from 2017 to 2020, production grew by 107.3%, with a compound annual growth rate of 27.5%.

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

In kind, 2017-2020, t

Slovakia's production of tools for pressing, stamping, or punching has risen for the third year in a row. In 2020, the country produced 2 742 tonnes, representing a controlled increase of 7.8% year-over-year. From 2017 to 2020, production surged by 210.5%, with a compound annual growth rate of 45.9%.

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

Exports pressing, stamping and punching tools from Slovakia

Exports in kind, t

Slovakia's export volume of tools for pressing, stamping, or punching has declined for the second consecutive year. In 2020, exports stood at 3 389 tonnes, marking a 26.7% drop compared to the previous year. Over the 2017-2020 period, exports decreased by 9.9%, with a compound annual growth rate of -3.4%. The peak was recorded in 2018 at 4 775 tonnes, which also saw the largest increase of 26.9%.

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

From 2017 to 2020, Czechia and Germany were the key destinations for Slovakia's exports in kind, jointly accounting for 80.6% of total flows, while other partners contributed much less individually.

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

Slovakia's export value of tools for pressing, stamping, or punching has fallen for the second year in a row. In 2020, exports totalled 32 814 thousand US dollars, down by 12.3% from 2019. Between 2017 and 2020, exports decreased by 11.3%, with a compound annual growth rate of -3.9%. The highest value was recorded in 2018 at 43 581 thousand US dollars, which also saw the largest increase of 17.8%, while the largest decline occurred in 2019 at 14.1%.

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

From 2017 to 2020, the leading destinations for Slovakia's exports in value terms were Germany, with 43.6% of the total, Czechia at 26.4%, and Austria at 9.9%, together accounting for 79.9% of all flows.

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

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

Imports pressing, stamping and punching tools to Slovakia

Imports in kind, t

In 2020, Slovakia's imports of tools for pressing, stamping, or punching stood at 6 016 tonnes, showing a steep drop of 33.4% year-over-year. Between 2017 and 2020, imports decreased by 41.1%, equating to an annualized rate of -16.2%. The largest increase was recorded in 2019 at 9.9%.

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

From 2017 to 2020, three principal markets—Czechia, Germany, and South Korea—together accounted for 67.5% of Slovakia's total imports in kind of tools for pressing, stamping, or punching.

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

In 2020, Slovakia's imports of tools for pressing, stamping, or punching were valued at 47 713 thousand US dollars, reflecting an intense drop of 39.5% compared to the previous year. Over the 2017-2020 period, imports decreased by 34.3%, with a compound annual growth rate of -13.1%. The maximum value was recorded in 2019 at 78 926 thousand US dollars, which also saw the largest increase of 16.3%.

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

From 2017 to 2020, Germany, with 21.0% of imports in value terms, South Korea at 18.0%, and China at 14.3% remained the leading sources in Slovakia's import structure, together representing 53.3% of total flows.

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

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