Slovenia: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in Slovenia

In 2022, the Slovene electric brazing machine market decreased by -30.3% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a prominent increase. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Electric Brazing Machine Exports

Exports from Slovenia

In 2022, the amount of electric brazing or soldering machines and apparatus exported from Slovenia dropped notably to X units, falling by -82% on 2021 figures. Overall, exports saw a noticeable slump. The growth pace was the most rapid in 2018 with an increase of 246%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, electric brazing machine exports dropped markedly to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by 347%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for electric brazing machine exports from Slovenia, with a 56% share of total exports. Moreover, electric brazing machine exports to Australia exceeded the volume sent to the second major destination, Serbia (X units), threefold. Bosnia and Herzegovina (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-7.9% per year) and Bosnia and Herzegovina (-15.3% per year).

In value terms, Australia ($X) emerged as the key foreign market for electric brazing or soldering machines and apparatus exports from Slovenia, comprising 84% of total exports. The second position in the ranking was taken by Serbia ($X), with a 6.6% share of total exports. It was followed by Germany, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-5.3% per year) and Germany (+12.6% per year).

Export Prices by Country

In 2022, the average electric brazing machine export price amounted to $X per unit, increasing by 194% against the previous year. Overall, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Australia ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Croatia (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into Slovenia

Electric brazing machine imports into Slovenia dropped markedly to X units in 2022, with a decrease of -42.6% against the previous year. In general, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 246%. As a result, imports attained the peak of X units, and then contracted significantly in the following year.

In value terms, electric brazing machine imports plummeted to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 325% against the previous year. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

Germany (X units), China (X units) and Serbia (X units) were the main suppliers of electric brazing machine imports to Slovenia, together accounting for 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +57.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Slovenia, comprising 57% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Serbia, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.7% per year) and Serbia (+75.7% per year).

Import Prices by Country

In 2022, the average electric brazing machine import price amounted to $X per unit, increasing by 12% against the previous year. In general, the import price showed noticeable growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform