Slovenia: Lift And Hoist Market 2024

Lift And Hoist Market Size in Slovenia

The Slovene lift and hoist market contracted to $X in 2022, shrinking by -7.4% against the previous year. Over the period under review, consumption faced a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Lift And Hoist Production in Slovenia

In value terms, lift and hoist production reached $X in 2022 estimated in export price. In general, production, however, faced a abrupt downturn. The growth pace was the most rapid in 2020 when the production volume increased by 56% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Lift And Hoist Exports

Exports from Slovenia

For the fourth consecutive year, Slovenia recorded growth in shipments abroad of lifts and hoists, which increased by 34% to X units in 2022. Overall, exports recorded pronounced growth. The most prominent rate of growth was recorded in 2017 when exports increased by 119% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, lift and hoist exports surged to $X in 2022. Over the period under review, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of 68% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units), Austria (X units) and Albania (X units) were the main destinations of lift and hoist exports from Slovenia, together comprising 68% of total exports. Serbia, Montenegro, North Macedonia, the United States, France, Croatia and the UK lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +49.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lift and hoist exported from Slovenia were Germany ($X), Austria ($X) and Albania ($X), with a combined 70% share of total exports. Serbia, Montenegro, North Macedonia, the United States, France, Croatia and the UK lagged somewhat behind, together comprising a further 22%.

Among the main countries of destination, the United States, with a CAGR of +56.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lift and hoist export price amounted to $X per unit, reducing by -5.1% against the previous year. In general, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2016 an increase of 6.9% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($X per unit) and Croatia ($X per unit), while the average price for exports to Albania ($X per unit) and North Macedonia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

Lift And Hoist Imports

Imports into Slovenia

In 2022, purchases abroad of lifts and hoists increased by 30% to X units, rising for the sixth consecutive year after four years of decline. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 77%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, lift and hoist imports skyrocketed to $X in 2022. Over the period under review, imports posted a resilient increase. The growth pace was the most rapid in 2019 with an increase of 66%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Slovakia (X units) constituted the largest supplier of lift and hoist to Slovenia, with a 49% share of total imports. Moreover, lift and hoist imports from Slovakia exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by Spain (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Slovakia amounted to +83.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.6% per year) and Spain (-3.4% per year).

In value terms, Slovakia ($X) constituted the largest supplier of lifts and hoists to Slovenia, comprising 50% of total imports. The second position in the ranking was held by Italy ($X), with a 23% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Slovakia amounted to +122.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.8% per year) and Spain (-4.9% per year).

Import Prices by Country

In 2022, the average lift and hoist import price amounted to $X per unit, increasing by 4.1% against the previous year. In general, the import price, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 10% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and Serbia ($X per unit), while the price for Turkey ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+49.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform