Electronic Chip Market Overview in Slovakia
In value terms, electronic chip production surged to $ in estimated in export prices. Over the period under review, production enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of % year-to-year. Electronic chip production peaked in and is expected to retain growth in the near future.
The revenue of the electronic chip market in Slovakia fell rapidly to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a mild increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2017; however, from 2018 to , consumption remained at a lower figure.