Slovenia: Metal Gas Appliances Market 2024

Metal Gas Appliances Market Size in Slovenia

In 2022, the Slovene metal gas appliances market increased by 669% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Gas Appliances Production in Slovenia

In value terms, metal gas appliances production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 3,633%. Metal gas appliances production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Gas Appliances Exports

Exports from Slovenia

In 2022, shipments abroad of iron or steel gas domestic appliances decreased by -74.3% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted resilient growth. The growth pace was the most rapid in 2020 with an increase of 303% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal gas appliances exports fell dramatically to $X in 2022. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 295%. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Croatia (X units) was the main destination for metal gas appliances exports from Slovenia, accounting for a 83% share of total exports. Moreover, metal gas appliances exports to Croatia exceeded the volume sent to the second major destination, North Macedonia (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+62.6% per year) and Serbia (+30.6% per year).

In value terms, Croatia ($X) remains the key foreign market for iron or steel gas domestic appliances exports from Slovenia, comprising 77% of total exports. The second position in the ranking was taken by North Macedonia ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Croatia totaled +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+63.3% per year) and Serbia (+22.0% per year).

Export Prices by Country

The average metal gas appliances export price stood at $X per unit in 2022, surging by 5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 130%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($X per unit), while the average price for exports to Serbia ($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 North Macedonia (+0.4%), while the prices for the other major destinations experienced a decline.

Metal Gas Appliances Imports

Imports into Slovenia

In 2022, the amount of iron or steel gas domestic appliances imported into Slovenia reduced to X units, with a decrease of -13% against 2021. Over the period under review, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, metal gas appliances imports declined modestly to $X in 2022. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 115% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), the UK (X units) and Italy (X units) were the main suppliers of metal gas appliances imports to Slovenia, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +43.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), Germany ($X) and China ($X) constituted the largest metal gas appliances suppliers to Slovenia, together comprising 78% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +58.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average metal gas appliances import price amounted to $X per unit, with an increase of 12% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 14%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform