Slovenia: Electrical Insulator Market 2025

Electrical Insulator Market Size in Slovenia

The Slovene electrical insulator market fell sharply to $X in 2022, which is down by -34.8% against the previous year. In general, consumption saw a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Electrical Insulator Production in Slovenia

In value terms, electrical insulator production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw a modest expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by 61% against the previous year. Electrical insulator production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Electrical Insulator Exports

Exports from Slovenia

In 2022, exports of electrical insulators from Slovenia skyrocketed to X units, with an increase of 33% against the previous year's figure. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 141%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, electrical insulator exports rose remarkably to $X in 2022. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 121%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X units), Estonia (X units) and Bosnia and Herzegovina (X units) were the main destinations of electrical insulator exports from Slovenia, with a combined 50% share of total exports. Finland, Serbia, Croatia, Italy, Poland, Portugal, China, India, Mexico and Germany lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +277.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Belarus ($X) and Bosnia and Herzegovina ($X) were the largest markets for electrical insulator exported from Slovenia worldwide, with a combined 52% share of total exports. Serbia, Croatia, Italy, Portugal, Poland, Finland, Mexico, China, India and Germany lagged somewhat behind, together accounting for a further 43%.

China, with a CAGR of +285.3%, recorded the highest rates of growth with regard to the value of exports, among 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 electrical insulator export price stood at $X per unit in 2022, dropping by -17.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 35%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to China ($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 Mexico (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulator Imports

Imports into Slovenia

In 2022, after two years of growth, there was significant decline in supplies from abroad of electrical insulators, when their volume decreased by -30.6% to X units. Overall, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 106% against the previous year. Imports peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, electrical insulator imports declined markedly to $X in 2022. In general, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by 50%. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of electrical insulator to Slovenia, accounting for a 65% share of total imports. Moreover, electrical insulator imports from Italy exceeded the figures recorded by the second-largest supplier, Sweden (X units), sixfold. The third position in this ranking was taken by Switzerland (X units), with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+114.8% per year) and Switzerland (+15.2% per year).

In value terms, Italy ($X), Sweden ($X) and Switzerland ($X) constituted the largest electrical insulator suppliers to Slovenia, together accounting for 67% of total imports.

Sweden, with a CAGR of +164.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electrical insulator import price amounted to $X per unit, reducing by -8.6% against the previous year. Overall, the import price saw a deep downturn. The growth pace was the most rapid in 2021 an increase of 30%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform