Slovenia: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in Slovenia

In 2022, the Slovene vulcanised rubber thread market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a pronounced decline. Vulcanised rubber thread consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Vulcanised Rubber Thread Production in Slovenia

In value terms, vulcanised rubber thread production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. Vulcanised rubber thread production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Vulcanised Rubber Thread Exports

Exports from Slovenia

In 2022, the amount of vulcanised rubber thread and cord exported from Slovenia rose sharply to X tons, growing by X% against the previous year's figure. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, vulcanised rubber thread exports expanded modestly to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Italy (X tons) was the main destination for vulcanised rubber thread exports from Slovenia, accounting for a X% share of total exports. Moreover, vulcanised rubber thread exports to Italy exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate 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 Bosnia and Herzegovina (X% per year).

In value terms, Italy ($X) remains the key foreign market for vulcanised rubber thread and cord exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X.3% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

In 2022, the average vulcanised rubber thread export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

Vulcanised Rubber Thread Imports

Imports into Slovenia

In 2022, imports of vulcanised rubber thread and cord into Slovenia expanded remarkably to X tons, increasing by X% against 2021. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber thread imports surged to $X in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of vulcanised rubber thread to Slovenia, with a X% share of total imports. Moreover, vulcanised rubber thread imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Germany (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of vulcanised rubber thread and cord to Slovenia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Germany (X% per year).

Import Prices by Country

The average vulcanised rubber thread import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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