Slovenia: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Slovenia

For the third year in a row, the Slovene market for glaziers putty, grafting putty, other mastics and painters' fillings recorded growth in sales value, which increased by 16% to $X in 2022. Overall, consumption continues to indicate a relatively flat trend pattern. Consumption of peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Slovenia

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Slovenia

After three years of growth, shipments abroad of glaziers putty, grafting putty, other mastics and painters' fillings decreased by -6.5% to X tons in 2022. Overall, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2013 indices. The growth pace was the most rapid in 2019 with an increase of 23% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings declined markedly to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports attained the peak of $X, and then reduced sharply in the following year.

Exports by Country

Germany (X tons), Belgium (X tons) and Serbia (X tons) were the main destinations of exports of glaziers putty, grafting putty, other mastics and painters' fillings from Slovenia, together accounting for 35% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +79.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glaziers, grafting putty and painters' filling exported from Slovenia were Belgium ($X), Italy ($X) and Germany ($X), with a combined 42% share of total exports.

Belgium, with a CAGR of +83.6%, saw the highest rates of growth with regard to 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 export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, dropping by -10.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 38%. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

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 Poland ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Slovenia

In 2022, after six years of growth, there was significant decline in overseas purchases of glaziers putty, grafting putty, other mastics and painters' fillings, when their volume decreased by -21.7% to X tons. Overall, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 44% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then fell notably in the following year.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings reduced sharply to $X in 2022. In general, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

Germany (X tons), Latvia (X tons) and Italy (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Slovenia, with a combined 48% share of total imports. Austria, France, Serbia, Romania, Croatia, Turkey, Belgium, Switzerland and Poland lagged somewhat behind, together comprising a further 45%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +130.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of glaziers putty, grafting putty, other mastics and painters' fillings to Slovenia, comprising 29% of total imports. The second position in the ranking was held by Switzerland ($X), with a 10% share of total imports. It was followed by Latvia, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+4.7% per year) and Latvia (+24.3% per year).

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, with an increase of 3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4.6% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 Switzerland ($X per ton), while the price for Serbia ($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 (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform