Slovenia: Rare Gases Market 2024

Rare Gases Market Size in Slovenia

The Slovene rare gases market expanded modestly to $X in 2022, growing by X% against the previous year. Overall, consumption showed a resilient increase. Rare gases consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Rare Gases Production in Slovenia

In value terms, rare gases production reached $X in 2022 estimated in export price. In general, production saw strong growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Rare Gases Exports

Exports from Slovenia

In 2022, overseas shipments of rare gases (excluding argon) decreased by X% to X cubic meters for the first time since 2015, thus ending a six-year rising trend. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X cubic meters in 2021, and then shrank in the following year.

In value terms, rare gases exports surged to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Israel (X cubic meters) was the main destination for rare gases exports from Slovenia, with a X% share of total exports. Moreover, rare gases exports to Israel exceeded the volume sent to the second major destination, Serbia (X cubic meters), fivefold. The third position in this ranking was taken by Bosnia and Herzegovina (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Israel 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, the largest markets for rare gases exported from Slovenia were Israel ($X), Italy ($X) and Serbia ($X), together accounting for X% of total exports.

Israel, with a CAGR of X%, recorded 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 rare gases export price amounted to $X per cubic meter, rising by X% against the previous year. In general, the export price, however, showed a abrupt decrease. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per cubic meter), while the average price for exports to Israel ($X per cubic meter) was amongst the lowest.

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

Rare Gases Imports

Imports into Slovenia

In 2022, after two years of growth, there was decline in purchases abroad of rare gases (excluding argon), when their volume decreased by X% to X cubic meters. Over the period under review, total imports indicated a resilient expansion 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. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X cubic meters, and then contracted slightly in the following year.

In value terms, rare gases imports soared to $X in 2022. Overall, imports, however, showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X cubic meters), Germany (X cubic meters) and Italy (X cubic meters) were the main suppliers of rare gases imports to Slovenia, with a combined X% share of total imports. Croatia, Hungary and Algeria 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 Croatia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rare gases suppliers to Slovenia were Italy ($X), Germany ($X) and Austria ($X), with a combined X% share of total imports. Croatia, Hungary and Algeria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Croatia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rare gases import price stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period under review, the import price showed a moderate expansion. Over the period under review, average import prices hit record highs at $X per cubic meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Algeria ($X per cubic meter), while the price for Croatia ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :