Slovenia: Working Wire Machine Market 2024

Working Wire Machine Market Size in Slovenia

In 2022, after three years of growth, there was significant decline in the Slovene working wire machine market, when its value decreased by X% to $X. In general, consumption recorded a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Working Wire Machine Production in Slovenia

In value terms, working wire machine production amounted to less than $X in 2022 estimated in export price. Over the period under review, production saw a abrupt descent. The pace of growth appeared the most rapid in 2015 with a decrease of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Working Wire Machine Exports

Exports from Slovenia

In 2022, overseas shipments of machines for working wire increased by X% to X units, rising for the third year in a row after two years of decline. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, working wire machine exports surged to $X in 2022. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X units), Thailand (X units) and China (X units) were the main destinations of working wire machine exports from Slovenia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Thailand ($X) appeared to be the largest markets for working wire machine exported from Slovenia worldwide, with a combined X% share of total exports. Bosnia and Herzegovina, the UK, Austria and Germany lagged somewhat behind, together accounting for a further X%.

Bosnia and Herzegovina, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average working wire machine export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced mixed trend patterns.

Working Wire Machine Imports

Imports into Slovenia

In 2022, after two years of growth, there was significant decline in purchases abroad of machines for working wire, when their volume decreased by X% to X units. Overall, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then reduced markedly in the following year.

In value terms, working wire machine imports contracted slightly to $X in 2022. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Germany (X units), China (X units) and Ukraine (X units) were the main suppliers of working wire machine imports to Slovenia, with a combined X% share of total imports. Moreover, working wire machine imports in Germany exceeded the figures recorded by the second-largest supplier, China, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machines for working wire to Slovenia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and China (X% per year).

Import Prices by Country

The average working wire machine import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price recorded notable growth. The pace of growth was the most pronounced in 2020 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :