Slovenia: Chromates Market 2024

Chromates Market Size in Slovenia

For the fourth consecutive year, the Slovene chromates market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption continues to indicate a abrupt decline. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Chromates Production in Slovenia

In value terms, chromates production shrank slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Chromates Exports

Exports from Slovenia

In 2022, the amount of chromates, dichromates and peroxochromates exported from Slovenia was estimated at X kg, with an increase of X% against the previous year. In general, exports posted a moderate increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chromates exports skyrocketed to $X in 2022. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Croatia (X kg) was the main destination for chromates exports from Slovenia, with a X% share of total exports. Moreover, chromates exports to Croatia exceeded the volume sent to the second major destination, Serbia (X kg), twofold. Bosnia and Herzegovina (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, Croatia ($X) emerged as the key foreign market for chromates, dichromates and peroxochromates exports from Slovenia, comprising X% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 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 Croatia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Serbia (X% per year).

Export Prices by Country

In 2022, the average chromates export price amounted to $X per ton, growing by X% against the previous year. In general, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

Chromates Imports

Imports into Slovenia

In 2022, overseas purchases of chromates, dichromates and peroxochromates decreased by X% to X kg, falling for the third consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, chromates imports declined slightly to $X in 2022. Overall, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The Netherlands (X kg), Belgium (X kg) and Germany (X kg) were the main suppliers of chromates imports to Slovenia, with a combined X% share of total imports. France, Poland, Austria and Croatia lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of chromates, dichromates and peroxochromates to Slovenia, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Poland (X% per year).

Import Prices by Country

The average chromates import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs 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 Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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