Slovenia: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2024

Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in Slovenia

In 2022, the Slovene market for tube or pipe fittings (of iron or steel) decreased by X% to $X, falling for the second consecutive year after four years of growth. In general, consumption saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Tube Or Pipe Fittings (Of Iron Or Steel) in Slovenia

In value terms, iron or steel tube fitting production surged to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Exports of Tube Or Pipe Fittings (Of Iron Or Steel)

Exports from Slovenia

After four years of growth, overseas shipments of tube or pipe fittings (of iron or steel) decreased by X% to X tons in 2022. In general, total exports indicated a buoyant increase 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, exports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell in the following year.

In value terms, iron or steel tube fitting exports rose markedly to $X in 2022. Overall, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for iron or steel tube fitting exports from Slovenia, with a X% share of total exports. Moreover, iron or steel tube fitting exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a X% share.

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

In value terms, the largest markets for iron or steel tube fitting exported from Slovenia were Germany ($X), China ($X) and Italy ($X), together comprising X% of total exports. Austria, Thailand, South Korea, Croatia, Serbia, Bosnia and Herzegovina, Poland and Hungary lagged somewhat behind, together accounting for a further X%.

Thailand, 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 export price for tube or pipe fittings (of iron or steel) amounted to $X per ton, rising by X% against the previous year. In general, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

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

Imports of Tube Or Pipe Fittings (Of Iron Or Steel)

Imports into Slovenia

In 2022, the amount of tube or pipe fittings (of iron or steel) imported into Slovenia declined slightly to X tons, stabilizing at the previous year. Overall, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced slightly in the following year.

In value terms, iron or steel tube fitting imports expanded sharply to $X in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of iron or steel tube fitting imports to Slovenia, with a combined X% share of total imports. Germany, India, Poland, Croatia, Turkey, France, the Netherlands and Bosnia and Herzegovina 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 Bosnia and Herzegovina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and Italy ($X) were the largest iron or steel tube fitting suppliers to Slovenia, together comprising X% of total imports. China, Poland, Croatia, the Netherlands, Bosnia and Herzegovina, France, India and Turkey lagged somewhat behind, together comprising a further X%.

Bosnia and Herzegovina, 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 import price for tube or pipe fittings (of iron or steel) amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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