Slovenia: Vacuum Pump Market 2024

Vacuum Pump Market Size in Slovenia

The Slovene vacuum pump market declined to $X in 2022, falling by X% against the previous year. In general, consumption, however, posted mild growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Vacuum Pump Production in Slovenia

In value terms, vacuum pump production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Vacuum Pump Exports

Exports from Slovenia

In 2022, overseas shipments of vacuum pumps decreased by X% to X units, falling for the second consecutive year after six years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, vacuum pump exports soared to $X in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Switzerland (X units) was the main destination for vacuum pump exports from Slovenia, with a X% share of total exports. Moreover, vacuum pump exports to Switzerland exceeded the volume sent to the second major destination, Italy (X units), eightfold. The third position in this ranking was held by Spain (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Spain (X% per year).

In value terms, the largest markets for vacuum pump exported from Slovenia were India ($X), Japan ($X) and the UK ($X), with a combined X% share of total exports. Italy, Croatia, Switzerland, Hungary, Kosovo, Spain and Germany lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average vacuum pump export price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a pronounced slump. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Switzerland ($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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports

Imports into Slovenia

After three years of growth, purchases abroad of vacuum pumps decreased by X% to X units in 2022. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, vacuum pump imports reached $X in 2022. Over the period under review, total imports indicated buoyant 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), Romania (X units) and Germany (X units) were the main suppliers of vacuum pump imports to Slovenia, together comprising X% of total imports.

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 ($X), Austria ($X) and Romania ($X) constituted the largest vacuum pump suppliers to Slovenia, with a combined X% share of total imports.

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

Import Prices by Country

In 2022, the average vacuum pump import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price posted mild growth. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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