Slovenia: Lock And Key Market 2024

Lock And Key Market Size in Slovenia

The Slovene lock and key market surged to $X in 2023, picking up by X% against the previous year. Overall, consumption recorded a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lock And Key Production in Slovenia

In value terms, lock and key production contracted remarkably to $X in 2023 estimated in export price. Over the period under review, production saw a significant increase. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then dropped significantly in the following year.

Lock And Key Exports

Exports from Slovenia

Lock and key exports from Slovenia reduced sharply to X tons in 2023, waning by X% on 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, lock and key exports reduced modestly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), the UK (X tons) and Slovakia (X tons) were the main destinations of lock and key exports from Slovenia, together accounting for X% of total exports. Russia, Poland, Germany, Croatia, France, Spain, Bosnia and Herzegovina, Serbia, Romania and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lock and key exported from Slovenia were Italy ($X), the UK ($X) and Slovakia ($X), together accounting for X% of total exports. Germany, Poland, Russia, Croatia, France, Spain, Bosnia and Herzegovina, the United States, Serbia and Romania lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the United States, with a CAGR of X%, saw 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 lock and key export price stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Lock And Key Imports

Imports into Slovenia

In 2023, supplies from abroad of padlocks, locks and keys of base metal decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, lock and key imports fell to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of lock and key imports to Slovenia, together comprising X% of total imports. China, Turkey, the Czech Republic, Croatia, South Korea, Hungary, Serbia, Poland, Bosnia and Herzegovina and France lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), Italy ($X) and Austria ($X) appeared to be the largest lock and key suppliers to Slovenia, with a combined X% share of total imports. The Czech Republic, China, Croatia, Hungary, South Korea, Turkey, Poland, France, Serbia and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

Among the main suppliers, South Korea, with a CAGR of X%, recorded 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

The average lock and key import price stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X%. 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 the Czech Republic ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform