Slovenia: Sealed Beam Market 2024

Sealed Beam Market Size in Slovenia

The Slovene sealed beam market surged to $X in 2022, increasing by 23% 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). Over the period under review, consumption recorded a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Sealed Beam Exports

Exports from Slovenia

In 2022, shipments abroad of sealed beam lamp units increased by 14% to X units, rising for the second year in a row after five years of decline. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,315% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sealed beam exports dropped sharply to $X in 2022. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,580%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Italy (X units) and Serbia (X units) were the main destinations of sealed beam exports from Slovenia, together accounting for 77% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +70.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Bosnia and Herzegovina ($X) and Germany ($X) constituted the largest markets for sealed beam exported from Slovenia worldwide, with a combined 79% share of total exports.

In terms of the main countries of destination, Bosnia and Herzegovina, with a CAGR of +73.3%, recorded the highest growth rate of 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 sealed beam export price stood at $X per unit in 2022, reducing by -52% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 91%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Italy ($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 Bosnia and Herzegovina (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sealed Beam Imports

Imports into Slovenia

In 2022, approx. X units of sealed beam lamp units were imported into Slovenia; jumping by 18% compared with the previous year's figure. In general, imports recorded resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 112% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sealed beam imports soared to $X in 2022. Overall, imports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2020 with an increase of 626%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Croatia (X units) constituted the largest supplier of sealed beam to Slovenia, accounting for a 35% share of total imports. Moreover, sealed beam imports from Croatia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Italy (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Croatia amounted to +140.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.4% per year) and Italy (+5.0% per year).

In value terms, Italy ($X) constituted the largest supplier of sealed beam lamp units to Slovenia, comprising 27% of total imports. The second position in the ranking was held by Croatia ($X), with an 11% share of total imports. It was followed by China, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+76.2% per year) and China (-14.8% per year).

Import Prices by Country

The average sealed beam import price stood at $X per unit in 2022, surging by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2020 when the average import price increased by 242%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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