Slovenia: Measuring Instrument Market 2024

Measuring Instrument Market Size in Slovenia

The Slovene measuring instrument market was finally on the rise to reach $X in 2022, after five years of decline. In general, consumption, however, showed a significant decline. Measuring instrument consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Measuring Instrument Production in Slovenia

In value terms, measuring instrument production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Measuring Instrument Exports

Exports from Slovenia

In 2022, shipments abroad of instruments and apparatus for measuring or checking the flow or level of liquids decreased by X% to X units for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then contracted modestly in the following year.

In value terms, measuring instrument exports shrank markedly to $X in 2022. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then plummeted in the following year.

Exports by Country

Germany (X units) was the main destination for measuring instrument exports from Slovenia, with a X% share of total exports. It was followed by the Czech Republic (X units), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%.

In value terms, Germany ($X) remains the key foreign market for instruments and apparatus for measuring or checking the flow or level of liquids exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%.

Export Prices by Country

In 2022, the average measuring instrument export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Germany stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%).

Measuring Instrument Imports

Imports into Slovenia

In 2022, the amount of instruments and apparatus for measuring or checking the flow or level of liquids imported into Slovenia contracted modestly to X units, which is down by X% on the previous year's figure. Overall, imports recorded a slight reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, measuring instrument imports expanded to $X in 2022. In general, total imports indicated strong growth 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Austria (X units), Germany (X units) and Italy (X units) were the main suppliers of measuring instrument imports to Slovenia, together comprising X% of total imports. France, Switzerland, Poland, Denmark, China, Romania, Hungary and Croatia lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of instruments and apparatus for measuring or checking the flow or level of liquids to Slovenia, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Italy, 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: France (X% per year) and Italy (X% per year).

Import Prices by Country

The average measuring instrument import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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