Slovenia: Tractor Market 2020

Tractor Market Size in Slovenia

The revenue of the tractor market in Slovenia amounted to $X in 2018, going up by X% 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, tractor consumption continues to indicate a conspicuous expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. In that year, the tractor market attained its peak level of $X. From 2014 to 2018, the growth of the tractor market remained at a lower figure.

Tractor Exports

Exports from Slovenia

In 2018, the exports of tractors from Slovenia amounted to X units, waning by -X% against the previous year. Over the period under review, tractor exports continue to indicate a temperate curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. In that year, tractor exports reached their peak of X units, and then declined slightly in the following year.

In value terms, tractor exports totaled $X in 2018. In general, tractor exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, tractor exports reached their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

The exports of the twelve major exporters of tractors, namely the UK, Japan, Germany, the U.S., Belarus, India, Italy, South Korea, China, France, Thailand and Turkey, represented more than two-thirds of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea, while the other leaders experienced more modest paces of growth.

In value terms, the largest tractor markets from Slovenia were Germany ($X), the U.S. ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by Italy, the UK, France, India, South Korea, China, Belarus, Turkey, Thailand and Slovenia, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The tractor export price in Slovenia stood at $X per unit in 2018, picking up by X% against the previous year. Overall, the tractor export price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. In that year, the export prices for tractors attained 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 exporting countries. In 2018, the country with the highest price was France ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Tractor Imports

Imports into Slovenia

Tractor imports into Slovenia stood at X units in 2018, declining by -X% against the previous year. Overall, tractor imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, tractor imports reached their maximum at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, tractor imports stood at $X in 2018. Overall, the total imports indicated a measured increase from 2007 to 2018: its value decreased 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, tractor imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Slovenia imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Free Zones (X units) and the U.S. (X units) represented the largest importers of tractorsin the world, together comprising X% of total imports. It was distantly followed by Germany (X units), making up a X% share of total imports. France (X units), Ukraine (X units), Canada (X units), the UK (X units), the Netherlands (X units), Russia (X units), Italy (X units), Poland (X units) and Vietnam (X units) took a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Free Zones (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported tractors into Slovenia, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

In the U.S., tractor imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (+X% per year) and Canada (+X% per year).

Import Prices by Country

The tractor import price in Slovenia stood at $X per unit in 2018, growing by X% against the previous year. Overall, the import price indicated measured 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, tractor import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. In that year, the import prices for tractors attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while Free Zones ($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.

Source: IndexBox Platform