Speed Changer Price in Slovenia - 2022
Contents:
- Speed Changer Price in Slovenia (FOB) - 2022
- Speed Changer Price in Slovenia (CIF) - 2022
- Speed Changer Exports in Slovenia
- Speed Changer Imports in Slovenia
Speed Changer Price in Slovenia (FOB) - 2022
The average speed changer export price stood at $5,123 per ton in 2022, increasing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($10,013 per ton), while the average price for exports to Croatia ($3,148 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Price in Slovenia (CIF) - 2022
The average speed changer import price stood at $5,068 per ton in 2022, growing by 6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. The import price peaked at $5,135 per ton in 2013; afterwards, it flattened through to 2022.
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 ($19,500 per ton), while the price for Germany ($2,780 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Exports in Slovenia
In 2022, approx. 33K tons of speed changers, industrial high-speed drives and gear were exported from Slovenia; growing by 1.9% compared with the previous year. In general, exports, however, continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 with an increase of 10%.
In value terms, speed changer exports surged to $167M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Speed Changer in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 65.0 | 56.8 | 63.2 | 72.8 | 3.8% |
| Italy | 23.8 | 19.9 | 25.2 | 31.9 | 10.3% |
| Hungary | 9.9 | 10.9 | 14.0 | 17.1 | 20.0% |
| China | 6.8 | 8.0 | 8.6 | 10.0 | 13.7% |
| Austria | 6.9 | 7.4 | 8.7 | 8.1 | 5.5% |
| Croatia | 8.0 | 3.7 | 5.3 | 6.0 | -9.1% |
| Slovakia | 2.9 | 2.6 | 3.4 | 5.2 | 21.5% |
| Others | 11.3 | 16.9 | 15.8 | 16.0 | 12.3% |
| Total | 134 | 126 | 144 | 167 | 7.6% |
Top Export Markets for Speed Changer from Slovenia in 2022:
- Germany (13.9K tons)
- Italy (9.2K tons)
- Hungary (3.0K tons)
- Croatia (1.9K tons)
- China (1.2K tons)
- Slovakia (0.8K tons)
- Austria (0.8K tons)
Speed Changer Imports in Slovenia
In 2022, imports of speed changers, industrial high-speed drives and gear into Slovenia shrank to 17K tons, which is down by -5.6% on 2021. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 1.6%.
In value terms, speed changer imports reached $85M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Speed Changer in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 37.6 | 29.9 | 37.2 | 33.7 | -3.6% |
| Italy | 8.0 | 10.2 | 13.0 | 14.8 | 22.8% |
| China | 6.2 | 3.6 | 5.8 | 6.4 | 1.1% |
| Croatia | 0.9 | 4.4 | 5.2 | 4.4 | 69.7% |
| Slovakia | 2.1 | 1.9 | 2.5 | 4.1 | 25.0% |
| Bosnia and Herzegovina | 0.3 | 1.0 | 1.7 | 1.9 | 85.0% |
| Others | 11.1 | 13.6 | 20.0 | 20.2 | 22.1% |
| Total | 66.3 | 64.7 | 85.3 | 85.4 | 8.8% |
Top Suppliers of Speed Changer to Slovenia in 2022:
- Germany (12.1K tons)
- Italy (1.1K tons)
- Croatia (1.1K tons)
- China (0.7K tons)
- Slovakia (0.5K tons)
- Bosnia and Herzegovina (0.4K tons)
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