Slovenia: Cranks And Crankshafts Market 2024

Cranks And Crankshafts Market Size in Slovenia

The Slovene cranks and crankshafts market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Cranks and crankshafts consumption peaked at $X in 2021, and then fell in the following year.

Cranks And Crankshafts Production in Slovenia

In value terms, cranks and crankshafts production declined to $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Cranks and crankshafts production peaked at $X in 2021, and then shrank in the following year.

Cranks And Crankshafts Exports

Exports from Slovenia

Cranks and crankshafts exports from Slovenia dropped modestly to X tons in 2022, declining by X% against 2021 figures. Over the period under review, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cranks and crankshafts exports rose notably to $X in 2022. Overall, total exports indicated a pronounced 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, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and Austria (X tons) were the main destinations of cranks and crankshafts exports from Slovenia, with a combined X% share of total exports. Bosnia and Herzegovina, China, Serbia, Hungary, Slovakia and Croatia lagged somewhat behind, together comprising a further X%.

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

In value terms, Austria ($X), Germany ($X) and Italy ($X) were the largest markets for cranks and crankshafts exported from Slovenia worldwide, with a combined X% share of total exports. Serbia, Bosnia and Herzegovina, Slovakia, China, Hungary and Croatia lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cranks and crankshafts export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, export price indicated a prominent 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, cranks and crankshafts export price increased by X% against 2015 indices. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked 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 Slovakia ($X per ton), while the average price for exports to Italy ($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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cranks And Crankshafts Imports

Imports into Slovenia

In 2022, after two years of growth, there was decline in purchases abroad of cranks and crankshafts, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, cranks and crankshafts imports shrank to $X in 2022. Overall, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of cranks and crankshafts to Slovenia, accounting for a X% share of total imports. Moreover, cranks and crankshafts imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. 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 from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Germany ($X) constituted the largest supplier of cranks and crankshafts to Slovenia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by China, with an X% share.

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

Import Prices by Country

The average cranks and crankshafts import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, import price indicated a perceptible 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, cranks and crankshafts import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped slightly in the following year.

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 Croatia ($X per ton), while the price for Bosnia and Herzegovina ($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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