Slovenia: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Slovenia

In 2022, the Slovene market for vacuum pumps and air or gas compressors increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Vacuum Pumps and Air or Gas Compressors in Slovenia

In value terms, production of vacuum pumps and air or gas compressors reduced to $X in 2022 estimated in export price. In general, production recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from Slovenia

In 2022, shipments abroad of vacuum pumps and air or gas compressors decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports faced a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vacuum pumps and air or gas compressors contracted notably to $X in 2022. Over the period under review, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X units), Croatia (X units) and Italy (X units) were the main destinations of exports of vacuum pumps and air or gas compressors from Slovenia, with a combined X% share of total exports.

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

In value terms, Croatia ($X), Hungary ($X) and Austria ($X) were the largest markets for vacuum pump and air or gas compressor exported from Slovenia worldwide, with a combined X% share of total exports. Italy, Bosnia and Herzegovina, Serbia, the Czech Republic, Germany, Romania, Slovakia, Switzerland and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Switzerland, with a CAGR of X%, saw the highest growth rate of 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 vacuum pumps and air or gas compressors amounted to $X per unit, rising by X% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vacuum pumps and air or gas compressors increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

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

Imports of Vacuum Pumps and Air or Gas Compressors

Imports into Slovenia

In 2022, overseas purchases of vacuum pumps and air or gas compressors decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of vacuum pumps and air or gas compressors declined to $X in 2022. Over the period under review, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of vacuum pump and air or gas compressor to Slovenia, with a X% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the largest vacuum pump and air or gas compressor suppliers to Slovenia were Italy ($X), Germany ($X) and China ($X), with a combined X% share of total imports. The Czech Republic, France, Austria, Croatia, Spain, the Netherlands, Romania, Slovakia, Taiwan (Chinese) and Brazil lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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 vacuum pumps and air or gas compressors amounted to $X per unit, surging by X% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vacuum pumps and air or gas compressors increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain 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 Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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