Slovenia: Non-Electric Pulley Tackle Market 2024

Non-Electric Pulley Tackle Market Size in Slovenia

The Slovene non-electric pulley tackle market reduced markedly to $X in 2022, with a decrease of -41.1% 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, showed a temperate expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Non-Electric Pulley Tackle Exports

Exports from Slovenia

In 2022, overseas shipments of pulley tackle and hoists, non-powered by electric motor decreased by -39.3% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 66%. The exports peaked at X units in 2021, and then contracted rapidly in the following year.

In value terms, non-electric pulley tackle exports contracted remarkably to $X in 2022. In general, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by 86%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for non-electric pulley tackle exports from Slovenia, accounting for a 34% share of total exports. Moreover, non-electric pulley tackle exports to Germany exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), twofold. The third position in this ranking was taken by Italy (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+62.5% per year) and Italy (+25.7% per year).

In value terms, Germany ($X) remains the key foreign market for pulley tackle and hoists, non-powered by electric motor exports from Slovenia, comprising 49% of total exports. The second position in the ranking was taken by Austria ($X), with a 16% share of total exports. It was followed by Italy, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-0.8% per year) and Italy (+24.1% per year).

Export Prices by Country

In 2022, the average non-electric pulley tackle export price amounted to $X per unit, increasing by 6.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 56%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average 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 Switzerland ($X per unit), while the average price for exports to Hungary ($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 (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Pulley Tackle Imports

Imports into Slovenia

In 2022, approx. X units of pulley tackle and hoists, non-powered by electric motor were imported into Slovenia; reducing by -41.4% on the previous year. Over the period under review, imports, however, saw a noticeable expansion. The growth pace was the most rapid in 2020 with an increase of 275%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric pulley tackle imports reduced notably to $X in 2022. Overall, imports, however, enjoyed a tangible increase. The growth pace was the most rapid in 2020 with an increase of 129% against the previous year. 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

India (X units), China (X units) and Germany (X units) were the main suppliers of non-electric pulley tackle imports to Slovenia, with a combined 75% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +73.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and India ($X) constituted the largest non-electric pulley tackle suppliers to Slovenia, with a combined 57% share of total imports.

Among the main suppliers, India, with a CAGR of +79.9%, saw the highest rates of growth with regard to the value of imports, 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 non-electric pulley tackle import price amounted to $X per unit, increasing by 16% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 36%. The import price peaked at $X per unit in 2019; however, from 2020 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 Germany ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform