Slovenia: Silicon Market 2024

Silicon Market Size in Slovenia

The Slovene silicon market dropped notably to $X in 2023, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt downturn. Silicon consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Silicon Exports

Exports from Slovenia

In 2023, shipments abroad of silicon decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, silicon exports contracted rapidly to $X in 2023. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2022, and then fell rapidly in the following year.

Exports by Country

Italy (X tons) was the main destination for silicon exports from Slovenia, with a X% share of total exports. Moreover, silicon exports to Italy exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was held by Romania (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Romania (X% per year).

In value terms, Italy ($X) remains the key foreign market for silicon exports from Slovenia, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Romania (X% per year).

Export Prices by Country

In 2023, the average silicon export price amounted to $X per ton, which is down by X% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, silicon export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Silicon Imports

Imports into Slovenia

Silicon imports into Slovenia fell notably to X tons in 2023, declining by X% against 2022. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, silicon imports contracted dramatically to $X in 2023. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Bosnia and Herzegovina (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of silicon imports to Slovenia, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest silicon suppliers to Slovenia were Bosnia and Herzegovina ($X), Malaysia ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main suppliers, Malaysia, 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

In 2023, the average silicon import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, silicon import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform