Slovenia: Internal Combustion Engines Market 2024

Internal Combustion Engines Market Size in Slovenia

In 2022, the Slovene internal combustion engines market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a dramatic curtailment. Internal combustion engines consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Internal Combustion Engines Exports

Exports from Slovenia

In 2022, shipments abroad of motor vehicles compression-ignition internal combustion piston engines decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, internal combustion engines exports expanded markedly to $X in 2022. In general, exports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), Bosnia and Herzegovina (X units) and Croatia (X units) were the main destinations of internal combustion engines exports from Slovenia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for internal combustion engines exported from Slovenia were Germany ($X), Bosnia and Herzegovina ($X) and Croatia ($X), together comprising X% of total exports. Serbia, Hungary, Egypt and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average internal combustion engines export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Internal Combustion Engines Imports

Imports into Slovenia

In 2022, supplies from abroad of motor vehicles compression-ignition internal combustion piston engines was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, internal combustion engines imports surged to $X in 2022. Overall, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Slovakia (X units), Germany (X units) and Turkey (X units) were the main suppliers of internal combustion engines imports to Slovenia, with a combined X% share of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of motor vehicles compression-ignition internal combustion piston engines to Slovenia, comprising X% of total imports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average internal combustion engines import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 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 unit in 2021, and then contracted 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 Germany ($X per unit), while the price for Turkey ($X per unit) 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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