Slovenia: Stamping Foil Market 2024

Stamping Foil Market Size in Slovenia

The Slovene stamping foil market reduced remarkably to $X in 2023, dropping by X% against the previous year. In general, consumption, however, saw a measured increase. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market remained at a lower figure.

Stamping Foil Production in Slovenia

In value terms, stamping foil production stood at $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X,300% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.

Stamping Foil Exports

Exports from Slovenia

In 2023, overseas shipments of stamping foils decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X tons in 2022, and then reduced notably in the following year.

In value terms, stamping foil exports shrank rapidly to $X in 2023. Overall, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X tons) was the main destination for stamping foil exports from Slovenia, accounting for a X% share of total exports. Moreover, stamping foil exports to Hungary exceeded the volume sent to the second major destination, Israel (X tons), more than tenfold. Croatia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Hungary amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and Croatia (X% per year).

In value terms, Hungary ($X) remains the key foreign market for stamping foils exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Croatia (X% per year).

Export Prices by Country

In 2023, the average stamping foil export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%), while the prices for the other major destinations experienced a decline.

Stamping Foil Imports

Imports into Slovenia

In 2023, overseas purchases of stamping foils decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then fell rapidly in the following year.

In value terms, stamping foil imports reduced sharply to $X in 2023. In general, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then reduced markedly in the following year.

Imports by Country

In 2023, Taiwan (Chinese) (X tons) constituted the largest supplier of stamping foil to Slovenia, with a X% share of total imports. Moreover, stamping foil imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Hungary (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Taiwan (Chinese) totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Hungary (X% per year).

In value terms, Taiwan (Chinese) ($X), Germany ($X) and Italy ($X) appeared to be the largest stamping foil suppliers to Slovenia, together comprising X% of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average stamping foil import price stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform