Slovenia: Commercial Refrigeration Equipment Market 2020

Commercial Refrigeration Equipment Market Size in Slovenia

The revenue of the commercial refrigeration equipment market in Slovenia amounted to $X in 2018, surging by X% against the previous year. In general, commercial refrigeration equipment consumption, however, continues to indicate a measured curtailment. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the commercial refrigeration equipment market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Commercial Refrigeration Equipment Production in Slovenia

In value terms, commercial refrigeration equipment production stood at $X in 2018 estimated in export prices. In general, commercial refrigeration equipment production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. Over the period under review, commercial refrigeration equipment production reached its peak figure level at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

Commercial Refrigeration Equipment Exports

Exports from Slovenia

In 2018, the exports of refrigerating and freezing equipment and heat pumps (except household type equipment) from Slovenia stood at X units, lowering by -X% against the previous year. Over the period under review, commercial refrigeration equipment exports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, commercial refrigeration equipment exports reached their maximum at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, commercial refrigeration equipment exports amounted to $X in 2018. Overall, commercial refrigeration equipment exports continue to indicate a pronounced deduction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Slovenia exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X units), distantly followed by Italy (X units), France (X units), Mexico (X units), the U.S. (X units), Singapore (X units) and Germany (X units) represented the major exporters of refrigerating and freezing equipment and heat pumps (except household type equipment), together achieving X% of total exports. South Korea (X units), Ireland (X units), Denmark (X units), Turkey (X units) and Belgium (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to commercial refrigeration equipment exports from China stood at +X%. At the same time, Ireland (+X%), Singapore (+X%), France (+X%), Italy (+X%), South Korea (+X%), Belgium (+X%), Denmark (+X%), Mexico (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Turkey experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Italy, France, Singapore, China, South Korea, Mexico and Ireland increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. France, Germany, Mexico, Singapore, Ireland, Turkey, South Korea, Denmark, Belgium and Slovenia lagged somewhat behind, together comprising a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the commercial refrigeration equipment export price in Slovenia amounted to $X per unit, picking up by X% against the previous year. In general, the commercial refrigeration equipment export price continues to indicate strong growth. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, the export prices for refrigerating and freezing equipment and heat pumps (except household type equipment) reached their maximum in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Commercial Refrigeration Equipment Imports

Imports into Slovenia

In 2018, approx. X units of refrigerating and freezing equipment and heat pumps (except household type equipment) were imported into Slovenia; surging by X% against the previous year. Overall, the total imports indicated a mild increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, commercial refrigeration equipment imports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. In that year, commercial refrigeration equipment imports reached their peak of X units. From 2017 to 2018, the growth of commercial refrigeration equipment imports remained at a somewhat lower figure.

In value terms, commercial refrigeration equipment imports amounted to $X in 2018. Overall, the total imports indicated a perceptible expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, commercial refrigeration equipment imports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, commercial refrigeration equipment imports reached their peak of $X. From 2009 to 2018, the growth of commercial refrigeration equipment imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units) and China (X units) represented the main importers of refrigerating and freezing equipment and heat pumps (except household type equipment), together mixing up X% of total imports. Russia (X units), Indonesia (X units), France (X units), Australia (X units), Mexico (X units), the UK (X units), the Philippines (X units), the United Arab Emirates (X units) and Turkey (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to commercial refrigeration equipment imports into the U.S. stood at +X%. At the same time, Indonesia (+X%), Germany (+X%), Mexico (+X%) and France (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The Philippines, Russia and Australia experienced a relatively flat trend pattern. By contrast, the UK (-X%), China (-X%), the United Arab Emirates (-X%) and Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., Germany and Indonesia increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. China, the UK, Australia, Mexico, Russia, the United Arab Emirates, Turkey, the Philippines, Indonesia and Slovenia lagged somewhat behind, together comprising a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The commercial refrigeration equipment import price in Slovenia stood at $X per unit in 2018, picking up by X% against the previous year. Over the period under review, the import price indicated moderate growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, commercial refrigeration equipment import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. In that year, the import prices for refrigerating and freezing equipment and heat pumps (except household type equipment) reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform