Isolating Switch Price in Slovenia - 2023

Isolating Switch Price in Slovenia (CIF) - 2023

In August 2023, the average isolating switch import price amounted to $122 per unit, with an increase of 54% against the previous month. In general, the import price showed perceptible growth. The pace of growth appeared the most rapid in January 2023 an increase of 1,412% month-to-month. The import price peaked at $245 per unit in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From September 2022 to August 2023, the rate of growth in terms of prices for Switzerland amounted to +12.2% per month.

Isolating Switch Price in Slovenia (FOB) - 2022

The average isolating switch export price stood at $38 per unit in 2022, with an increase of 5.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 103%. As a result, the export price reached the peak level of $57 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($78 per unit), while the average price for exports to North Macedonia ($36 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 Serbia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Isolating Switch Imports in Slovenia

In 2022, approx. 383K units of isolating switches & make-and-break switches were imported into Slovenia; increasing by 225% against the year before. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 619%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, isolating switch imports soared to $5.2M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Isolating Switch in Slovenia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	0.4	2.3	0.7	2.0	71.0%
Latvia	N/A	N/A	N/A	1.5	0%
Switzerland	0.8	2.0	0.2	1.4	20.5%
Others	0.4	0.6	0.5	0.3	-9.1%
Total	1.6	4.9	1.5	5.2	48.1%

Top Suppliers of Isolating Switch to Slovenia in 2022:

Italy (348.7K units)
Switzerland (17.7K units)
Latvia (13.7K units)

Isolating Switch Exports in Slovenia

Isolating switch exports from Slovenia skyrocketed to 123K units in 2022, with an increase of 43% against 2021. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 118% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, isolating switch exports soared to $4.7M in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 87%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Isolating Switch in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	669	3,284	612	4,154	83.8%
Serbia	216	500	1,241	218	0.3%
North Macedonia	33.4	120	189	26.2	-7.8%
Bulgaria	1,032	8.4	16.9	2.7	-86.2%
Taiwan (Chinese)	53.3	140	399	1.3	-71.0%
Others	270	193	640	274	0.5%
Total	2,273	4,245	3,098	4,676	27.2%