Slovenia: Metal Castor Mounting Market 2024

Metal Castor Mounting Market Size in Slovenia

The Slovene metal castor mounting market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a noticeable contraction. Metal castor mounting consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Metal Castor Mounting Production in Slovenia

In value terms, metal castor mounting production surged to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Metal castor mounting production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Metal Castor Mounting Exports

Exports from Slovenia

After two years of growth, shipments abroad of castors with mountings of base metal decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank notably in the following year.

In value terms, metal castor mounting exports contracted rapidly to $X in 2022. In general, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Slovakia (X tons) was the main destination for metal castor mounting exports from Slovenia, with a X% share of total exports. Moreover, metal castor mounting exports to Slovakia exceeded the volume sent to the second major destination, Turkey (X tons), threefold. The third position in this ranking was held by Hungary (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Hungary (X% per year).

In value terms, Slovakia ($X) remains the key foreign market for castors with mountings of base metal exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with an X% share of total exports. It was followed by Serbia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Serbia (X% per year).

Export Prices by Country

In 2022, the average metal castor mounting export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated resilient growth 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, metal castor mounting export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Hungary ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Castor Mounting Imports

Imports into Slovenia

In 2022, overseas purchases of castors with mountings of base metal decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then fell markedly in the following year.

In value terms, metal castor mounting imports expanded remarkably to $X in 2022. Overall, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest metal castor mounting supplier to Slovenia, with a X% share of total imports. Moreover, metal castor mounting imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled 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 metal castor mounting suppliers to Slovenia were China ($X), Germany ($X) and Croatia ($X), together comprising X% of total imports. India, Italy, Austria and South Korea lagged somewhat behind, together accounting for a further X%.

India, 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 metal castor mounting import price amounted to $X per ton, surging by X% against the previous year. Overall, import price indicated noticeable growth 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, metal castor mounting import price increased by X% against 2016 indices. As a result, import price reached 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 ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform