Slovenia: Market for Welded And Cold-Formed Sections Of Steel 2025

Market Size for Welded And Cold-Formed Sections Of Steel in Slovenia

In 2022, the Slovene market for welded and cold-formed sections of steel increased by 41% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption posted a strong expansion. Welded and cold-formed steel sections consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Welded And Cold-Formed Sections Of Steel in Slovenia

In value terms, welded and cold-formed steel sections production shrank slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight increase. The growth pace was the most rapid in 2015 with an increase of 66%. Welded and cold-formed steel sections production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Slovenia

In 2022, overseas shipments of welded and cold-formed sections of steel increased by 24% to X tons, rising for the third year in a row after two years of decline. In general, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 74%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, welded and cold-formed steel sections exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 92%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Serbia (X tons) and Austria (X tons) were the main destinations of welded and cold-formed steel sections exports from Slovenia, with a combined 96% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +198.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Serbia ($X) and Austria ($X) appeared to be the largest markets for welded and cold-formed steel sections exported from Slovenia worldwide, together accounting for 96% of total exports.

In terms of the main countries of destination, Serbia, with a CAGR of +257.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for welded and cold-formed sections of steel amounted to $X per ton, surging by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2021 when the average export price increased by 30% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Austria ($X per ton), while the average price for exports to Croatia ($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 (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Slovenia

In 2022, imports of welded and cold-formed sections of steel into Slovenia skyrocketed to X tons, picking up by 163% on 2021 figures. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 514%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, welded and cold-formed steel sections imports surged to $X in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 123%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Austria (X tons) constituted the largest welded and cold-formed steel sections supplier to Slovenia, accounting for a 63% share of total imports. Moreover, welded and cold-formed steel sections imports from Austria exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria stood at +50.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+43.2% per year) and Italy (+44.4% per year).

In value terms, the largest welded and cold-formed steel sections suppliers to Slovenia were Switzerland ($X), Austria ($X) and Italy ($X), together comprising 85% of total imports. Croatia, the Czech Republic, Germany and Poland lagged somewhat behind, together comprising a further 12%.

Croatia, with a CAGR of +115.2%, saw the highest growth rate of the value of imports, among the main suppliers 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 welded and cold-formed sections of steel amounted to $X per ton, dropping by -24.9% against the previous year. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2018 when the average import price increased by 120% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform