Slovenia: Cored Arc-Welding Wire Market 2024

Cored Arc-Welding Wire Market Size in Slovenia

After two years of growth, the Slovene cored arc-welding wire market decreased by X% to $X in 2022. In general, the total consumption 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, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2021, and then declined in the following year.

Cored Arc-Welding Wire Production in Slovenia

In value terms, cored arc-welding wire production declined to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt descent. The growth pace was the most rapid in 2016 when the production volume increased by X%. Cored arc-welding wire production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cored Arc-Welding Wire Exports

Exports from Slovenia

In 2022, overseas shipments of cored arc-welding wire decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, cored arc-welding wire exports declined notably to $X in 2022. Overall, exports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

Serbia (X tons) was the main destination for cored arc-welding wire exports from Slovenia, with a X% share of total exports. Moreover, cored arc-welding wire exports to Serbia exceeded the volume sent to the second major destination, Slovakia (X tons), twofold. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, the largest markets for cored arc-welding wire exported from Slovenia were Serbia ($X), Slovakia ($X) and Croatia ($X), with a combined X% share of total exports.

Among the main countries of destination, Slovakia, 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

The average cored arc-welding wire export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Germany ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cored Arc-Welding Wire Imports

Imports into Slovenia

In 2022, overseas purchases of cored arc-welding wire decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then fell notably in the following year.

In value terms, cored arc-welding wire imports declined markedly to $X in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell dramatically in the following year.

Imports by Country

China (X tons), Croatia (X tons) and Austria (X tons) were the main suppliers of cored arc-welding wire imports to Slovenia, together comprising X% of total imports. Vietnam, Germany, South Korea, Italy and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cored arc-welding wire suppliers to Slovenia were Austria ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Croatia, South Korea, Vietnam, Italy and France lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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 cored arc-welding wire import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 France ($X per ton), while the price for Vietnam ($X per ton) 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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