Slovenia: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Slovenia

For the third consecutive year, the Slovene metal domestic furniture market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption enjoyed buoyant growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Metal Domestic Furniture Production in Slovenia

In value terms, metal domestic furniture production contracted modestly to $X in 2022 estimated in export price. Overall, production saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then contracted in the following year.

Metal Domestic Furniture Exports

Exports from Slovenia

In 2022, shipments abroad of metal furniture decreased by X% to X tons for the first time since 2011, thus ending a ten-year rising trend. In general, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank rapidly in the following year.

In value terms, metal domestic furniture exports fell to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Germany (X tons) was the main destination for metal domestic furniture exports from Slovenia, with a X% share of total exports. Moreover, metal domestic furniture exports to Germany exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold. The third position in this ranking was taken by Croatia (X tons), with a X% share.

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

In value terms, Germany ($X) remains the key foreign market for metal furniture exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Croatia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Croatia (X% per year).

Export Prices by Country

In 2022, the average metal domestic furniture export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Domestic Furniture Imports

Imports into Slovenia

In 2022, purchases abroad of metal furniture decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell sharply in the following year.

In value terms, metal domestic furniture imports reduced sharply to $X in 2022. Over the period under review, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of metal domestic furniture imports to Slovenia, together accounting for X% of total imports. Italy, Bosnia and Herzegovina, Austria, Romania, Croatia, Serbia, the Czech Republic, Slovakia and Hungary lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest metal domestic furniture suppliers to Slovenia were China ($X), Germany ($X) and Italy ($X), together comprising X% of total imports. Bosnia and Herzegovina, Poland, Austria, Croatia, Romania, the Czech Republic, Serbia, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.

Bosnia and Herzegovina, with a CAGR of X%, saw the highest growth rate of 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 metal domestic furniture import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Bosnia and Herzegovina ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform