Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia - 2023
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia (FOB) - 2023
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia (CIF) - 2022
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia (FOB) - 2023
The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $42.7 per unit in November 2023, growing by 7.2% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 21% against the previous month. Over the period under review, the average export prices hit record highs in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($110 per unit), while the average price for exports to Serbia ($31.5 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia (CIF) - 2022
In 2022, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $60 per unit, with an increase of 21% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Austria ($126 per unit), while the price for Serbia ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia
In 2022, approx. 1M units of refrigerating or freezing equipment; parts thereof, other than furniture were exported from Slovenia; waning by -11.8% on the previous year. Overall, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 9.1% against the previous year. The exports peaked at 1.2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture reduced to $33M in 2022. The total export value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of $34M, and then contracted modestly in the following year.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 16.4 | 15.8 | 18.1 | 17.3 | 1.8% |
| Austria | 1.0 | 0.8 | 1.8 | 3.3 | 48.9% |
| Italy | 1.2 | 1.4 | 1.8 | 2.9 | 34.2% |
| Germany | 2.0 | 2.1 | 3.7 | 2.0 | 0.0% |
| France | 0.5 | 0.7 | 1.0 | 1.3 | 37.5% |
| Others | 6.2 | 6.0 | 7.2 | 5.9 | -1.6% |
| Total | 27.3 | 26.8 | 33.6 | 32.8 | 6.3% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Slovenia in 2022:
- Serbia (724.2K units)
- Italy (97.7K units)
- Austria (48.6K units)
- Germany (46.5K units)
- France (35.2K units)
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia
In 2022, approx. 472K units of refrigerating or freezing equipment; parts thereof, other than furniture were imported into Slovenia; surging by 13% on 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture skyrocketed to $29M in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 41%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.3 | 3.5 | 4.7 | 6.8 | 27.3% |
| Italy | 4.3 | 4.0 | 4.2 | 5.9 | 11.1% |
| United Kingdom | 0.1 | 0.1 | N/A | 3.6 | 230.2% |
| Poland | 0.4 | 0.5 | 0.8 | 1.5 | 55.4% |
| China | 0.4 | 0.6 | 1.5 | 1.5 | 55.4% |
| Czech Republic | 0.4 | 1.3 | 1.8 | 1.4 | 51.8% |
| Serbia | 1.0 | 1.3 | 1.7 | 1.2 | 6.3% |
| Turkey | 0.2 | 0.2 | 0.8 | 1.1 | 76.5% |
| Others | 4.1 | 3.2 | 5.3 | 5.5 | 10.3% |
| Total | 14.2 | 14.7 | 20.7 | 28.5 | 26.1% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Slovenia in 2022:
- Germany (95.8K units)
- Italy (90.8K units)
- Serbia (55.1K units)
- United Kingdom (51.8K units)
- China (46.1K units)
- Turkey (29.3K units)
- Poland (24.6K units)
- Czech Republic (19.3K units)
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