Slovenia: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2025

Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in Slovenia

The Slovene market for tube or pipe fittings (of iron or steel) surged to $X in 2022, with an increase of 49% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Tube Or Pipe Fittings (Of Iron Or Steel) in Slovenia

In value terms, iron or steel tube fitting production shrank to $X in 2022 estimated in export price. Overall, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, production reached the peak level of $X, and then reduced in the following year.

Exports of Tube Or Pipe Fittings (Of Iron Or Steel)

Exports from Slovenia

In 2022, the amount of tube or pipe fittings (of iron or steel) exported from Slovenia shrank to X tons, falling by -9.3% on the year before. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.2% against 2014 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 35% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, iron or steel tube fitting exports contracted to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2019 with an increase of 56% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

Italy (X tons) was the main destination for iron or steel tube fitting exports from Slovenia, accounting for a 34% share of total exports. Moreover, iron or steel tube fitting exports to Italy exceeded the volume sent to the second major destination, Austria (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+3.2% per year) and Germany (-1.2% per year).

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the largest markets for iron or steel tube fitting exported from Slovenia worldwide, with a combined 36% share of total exports. Austria, Thailand, South Korea, Croatia, Serbia, Bosnia and Herzegovina and Poland lagged somewhat behind, together comprising a further 43%.

Thailand, with a CAGR of +194.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for tube or pipe fittings (of iron or steel) stood at $X per ton in 2022, picking up by 8.2% against the previous year. In general, the export price continues to indicate a strong increase. The growth pace was the most rapid in 2019 when the average export price increased by 33% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings (Of Iron Or Steel)

Imports into Slovenia

Iron or steel tube fitting imports into Slovenia fell modestly to X tons in 2022, waning by -3.5% against the year before. Over the period under review, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by 43% against the previous year. Imports peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, iron or steel tube fitting imports rose slightly to $X in 2022. In general, imports, however, showed a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of iron or steel tube fitting imports to Slovenia, together comprising 68% of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +27.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel tube fitting suppliers to Slovenia were Austria ($X), Germany ($X) and Italy ($X), with a combined 63% share of total imports.

In terms of the main suppliers, Austria, with a CAGR of +29.4%, saw the highest growth rate of 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 import price for tube or pipe fittings (of iron or steel) amounted to $X per ton, increasing by 7.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 22%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform