Slovenia: Stranded Wire Market 2020

Stranded Wire Market Size in Slovenia

The revenue of the stranded wire market in Slovenia amounted to $X in 2018, increasing by X% against the previous year. In general, the total market indicated a remarkable increase from 2007 to 2018: its value 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. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Slovenia stranded wire consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Stranded Wire Production in Slovenia

In value terms, stranded wire production amounted to $X in 2018 estimated in export prices. In general, stranded wire production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when production volume increased by X% year-to-year. Slovenia stranded wire production peaked in 2018 and is expected to retain its growth in the near future.

Stranded Wire Exports

Exports from Slovenia

Stranded wire exports from Slovenia amounted to X tons in 2018, declining by -X% against the previous year. In general, stranded wire exports continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. In that year, stranded wire exports attained their peak of X tons. From 2014 to 2018, the growth of stranded wire exports remained at a lower figure.

In value terms, stranded wire exports amounted to $X in 2018. Overall, stranded wire exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. In that year, stranded wire exports reached their peak of $X. From 2009 to 2018, the growth of stranded wire exports remained at a lower figure.

Exports by Country

In 2018, China (X tons) represented the largest exporter of stranded wire, ropes and cables, constituting X% of total exports. South Korea (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by India (X%) and Vietnam (X%). Turkey (X tons), Germany (X tons), Italy (X tons), Spain (X tons), Malaysia (X tons), Thailand (X tons), the U.S. (X tons) and Portugal (X tons) took a minor share of total exports.

China experienced a relatively flat trend pattern of stranded wire, ropes and cables exports. At the same time, Vietnam (+X%), Portugal (+X%), India (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Spain, Thailand and Malaysia experienced a relatively flat trend pattern. By contrast, Germany (-X%), the U.S. (-X%), Italy (-X%) and South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Vietnam, India, Turkey and Portugal increased by +X%, +X%, +X% and +X% percentage points, while Italy (-X p.p.), China (-X p.p.) and South Korea (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest stranded wire supplier from Slovenia, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

In China, stranded wire exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2018, the stranded wire export price in Slovenia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the stranded wire export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Slovenia export price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Stranded Wire Imports

Imports into Slovenia

In 2018, approx. X tons of stranded wire, ropes and cables were imported into Slovenia; picking up by X% against the previous year. In general, the total imports indicated a slight expansion from 2007 to 2018: its volume 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. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, stranded wire imports reached their maximum at X tons in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, stranded wire imports stood at $X in 2018. Over the period under review, stranded wire imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Slovenia imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Germany (X tons) were the key importers of stranded wire, ropes and cables, together comprising X% of total imports. South Korea (X tons), India (X tons), Thailand (X tons), Poland (X tons), Japan (X tons), France (X tons), Mexico (X tons), the UK (X tons), Spain (X tons) and Belgium (X tons) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of stranded wire, ropes and cables imports. At the same time, India (+X%), Thailand (+X%), Poland (+X%), Belgium (+X%), Mexico (+X%), Germany (+X%), Japan (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, France (-X%) and Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of India, Thailand and Poland 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 largest stranded wire importing markets into Slovenia were the U.S. ($X), Germany ($X) and Mexico ($X), with a combined X% share of total imports. France, India, Poland, Thailand, South Korea, the UK, Japan, Spain, Belgium and Slovenia lagged somewhat behind, together accounting for a further X terms of the main importing countries, India experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The stranded wire import price in Slovenia stood at $X per ton in 2018, going up by X% against the previous year. Overall, the stranded wire import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. In that year, the import prices for stranded wire, ropes and cables reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for stranded wire, ropes and cables failed to regain its momentum.

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

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

Source: IndexBox Platform