Slovenia: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Slovenia

The Slovene non-numerically controlled sharpening machine market contracted markedly to $X in 2022, declining by -45.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a notable expansion. Non-numerically controlled sharpening machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Slovenia

In 2022, non-numerically controlled sharpening machine exports from Slovenia contracted dramatically to X units, waning by -52% against the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 546%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine exports contracted dramatically to $X in 2022. In general, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 702% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bulgaria (X units) was the main destination for non-numerically controlled sharpening machine exports from Slovenia, accounting for a 75% share of total exports. Moreover, non-numerically controlled sharpening machine exports to Bulgaria exceeded the volume sent to the second major destination, Croatia (X units), eightfold. The third position in this ranking was held by Serbia (X units), with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bulgaria stood at +118.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+5.3% per year) and Serbia (+33.9% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for non-numerically controlled sharpening machines for working metal exports from Slovenia, comprising 31% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 12% share of total exports. It was followed by Croatia, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria stood at +71.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+20.5% per year) and Croatia (+3.7% per year).

Export Prices by Country

In 2022, the average non-numerically controlled sharpening machine export price amounted to $X per unit, waning by -43.1% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2019 an increase of 68% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Bulgaria ($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 Austria (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Slovenia

In 2022, approx. X units of non-numerically controlled sharpening machines for working metal were imported into Slovenia; falling by -47.9% against 2021 figures. Overall, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 456% against the previous year. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine imports fell notably to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 134%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Croatia (X units) were the main suppliers of non-numerically controlled sharpening machine imports to Slovenia, together comprising 91% of total imports.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +158.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-numerically controlled sharpening machine suppliers to Slovenia were China ($X), Germany ($X) and Croatia ($X), together comprising 67% of total imports.

Croatia, with a CAGR of +196.3%, recorded 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

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, with an increase of 13% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in 2016 an increase of 91%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average 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 Turkey ($X per unit), while the price for Croatia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform