Slovenia: Cylindrical Roller Bearing Market 2024

Cylindrical Roller Bearing Market Size in Slovenia

The Slovene cylindrical roller bearing market was estimated at $X in 2022, increasing by 2% against the previous year. Overall, consumption continues to indicate a abrupt slump. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Cylindrical Roller Bearing Production in Slovenia

In value terms, cylindrical roller bearing production expanded notably to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 1,015%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Cylindrical Roller Bearing Exports

Exports from Slovenia

Cylindrical roller bearing exports from Slovenia declined to X tons in 2022, falling by -12.3% against 2021. Overall, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, cylindrical roller bearing exports dropped notably to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

In 2022, Germany (X tons), China (X tons) and Japan (X tons) was the largest exporter of cylindrical roller bearings in the world, constituting 53% of total export. Romania (X tons) took the next position in the ranking, followed by Slovakia (X tons). All these countries together held near 13% share of total exports. Taiwan (Chinese) (X tons), Kazakhstan (X tons), Canada (X tons), Russia (X tons), Hong Kong SAR (X tons), Poland (X tons), France (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +43.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest cylindrical roller bearing supplier from Slovenia, comprising 27% of global exports. The second position in the ranking was held by Japan ($X), with an 11% share of global exports. It was followed by China, with an 8.9% share.

In Germany, cylindrical roller bearing exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-0.3% per year) and China (+6.6% per year).

Export Prices by Country

In 2022, the export price in Slovenia amounted to $X per ton, reducing by -5.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 29% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the other leaders experienced more modest paces of growth.

Cylindrical Roller Bearing Imports

Imports into Slovenia

Cylindrical roller bearing imports into Slovenia fell remarkably to X tons in 2022, dropping by -31.2% on 2021 figures. Overall, imports, however, recorded a strong increase. The growth pace was the most rapid in 2015 with an increase of 141% against the previous year. Slovenia imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cylindrical roller bearing imports fell significantly to $X in 2022. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.7% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of 44% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

The countries with the highest levels of cylindrical roller bearing imports in 2022 were China (X tons), Russia (X tons) and Germany (X tons), together finishing at 42% of total import. It was distantly followed by the United States (X tons), generating a 5.7% share of total imports. Spain (X tons), Mexico (X tons), Italy (X tons), Brazil (X tons), Thailand (X tons), South Korea (X tons), Indonesia (X tons), Turkey (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of +20.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2022, with a combined 43% share of total imports. Mexico, Italy, Brazil, Russia, South Korea, Spain, Indonesia, Turkey, the Czech Republic and Thailand lagged somewhat behind, together accounting for a further 23%.

In terms of the main importing countries, Spain, with a CAGR of +13.7%, saw the highest rates of growth with regard to 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 import price in Slovenia stood at $X per ton in 2022, jumping by 20% against the previous year. Overall, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform