Price for Tractors; (Other than Tractors of Heading No 8709) in Slovenia - 2023
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Slovenia (CIF) - 2023
- Price for Tractors; (Other than Tractors of Heading No 8709) in Slovenia (FOB) - 2023
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Slovenia
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Slovenia
Price for Tractors; (Other than Tractors of Heading No 8709) in Slovenia (CIF) - 2023
The average import price for tractors; (other than tractors of heading no 8709)s stood at $56,737 per unit in November 2023, increasing by 10% against the previous month. Over the period under review, the import price, however, saw a slight decline. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 22% against the previous month. Over the period under review, average import prices attained the maximum at $71,192 per unit in February 2023; afterwards, it flattened through to November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($92,050 per unit), while the price for China ($5,728 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Slovenia (FOB) - 2023
In November 2023, the average export price for tractors; (other than tractors of heading no 8709)s amounted to $26,257 per unit, reducing by -4.2% against the previous month. In general, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in July 2023 an increase of 43% m-o-m. The export price peaked at $43,275 per unit in January 2023; afterwards, it flattened through to November 2023.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was North Macedonia ($25,437 per unit), while the average price for exports to Afghanistan ($4,227 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Slovenia
For the fourth year in a row, Slovenia recorded growth in overseas purchases of tractors; (other than tractors of heading no 8709)s, which increased by 12% to 16K units in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, imports of tractors; (other than tractors of heading no 8709)s surged to $549M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 13.2 | 26.3 | 88.1 | 162 | 130.7% |
| Germany | 53.2 | 43.2 | 58.3 | 90.6 | 19.4% |
| Netherlands | 74.3 | 32.7 | 51.3 | 46.8 | -14.3% |
| Austria | 14.0 | 14.0 | 21.9 | 38.6 | 40.2% |
| Italy | 29.8 | 24.8 | 36.7 | 38.2 | 8.6% |
| France | 14.3 | 11.3 | 17.8 | 30.6 | 28.9% |
| Poland | 18.6 | 10.1 | 19.8 | 27.3 | 13.6% |
| Sweden | 3.5 | 6.1 | 20.0 | 27.2 | 98.1% |
| China | 10.4 | 15.0 | 28.9 | 26.6 | 36.8% |
| Belgium | 28.1 | 19.5 | 12.9 | 16.0 | -17.1% |
| Croatia | 1.0 | 4.9 | 6.7 | 7.7 | 97.5% |
| India | 1.6 | 1.2 | 2.8 | 2.9 | 21.9% |
| Others | 26.5 | 16.9 | 24.2 | 35.0 | 9.7% |
| Total | 288 | 226 | 389 | 549 | 24.0% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Slovenia in 2022:
- China (6.9K units)
- Turkey (2.2K units)
- Italy (1.1K units)
- France (0.8K units)
- Germany (0.8K units)
- Poland (0.7K units)
- Netherlands (0.6K units)
- Belgium (0.6K units)
- Austria (0.4K units)
- India (0.2K units)
- Sweden (0.2K units)
- Croatia (0.2K units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Slovenia
Exports of tractors; (other than tractors of heading no 8709)s from Slovenia expanded notably to 14K units in 2022, rising by 9.2% compared with 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tractors; (other than tractors of heading no 8709)s surged to $320M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.4 | 10.2 | 34.7 | 55.9 | 418.9% |
| Germany | 0.7 | 3.3 | 10.7 | 43.9 | 297.3% |
| Croatia | 39.8 | 30.1 | 29.7 | 42.8 | 2.5% |
| Romania | 8.7 | 13.2 | 20.8 | 26.6 | 45.1% |
| Hungary | 1.1 | 8.1 | 15.8 | 22.8 | 174.7% |
| Serbia | 21.3 | 19.7 | 15.7 | 20.2 | -1.8% |
| Bosnia and Herzegovina | 8.4 | 7.8 | 19.1 | 14.7 | 20.5% |
| Austria | 1.9 | 3.1 | 4.6 | 6.4 | 49.9% |
| Jordan | 1.1 | 4.0 | 4.6 | 4.1 | 55.0% |
| Ukraine | 1.0 | 0.9 | 0.9 | 3.7 | 54.7% |
| Italy | 2.8 | 1.5 | 1.6 | 2.8 | 0.0% |
| Others | 16.3 | 24.1 | 56.6 | 76.0 | 67.1% |
| Total | 103 | 126 | 215 | 320 | 45.9% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Slovenia in 2022:
- Romania (5.4K units)
- Serbia (1.3K units)
- Croatia (1.2K units)
- Bosnia and Herzegovina (1.1K units)
- Poland (0.8K units)
- Germany (0.6K units)
- Italy (0.5K units)
- Hungary (0.4K units)
- Ukraine (0.3K units)
- Jordan (0.3K units)
- Austria (0.2K units)
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