Electrical push-button and rotary switches market in Slovenia

Earlier Report Observations

The Slovenian market for electrical push-button and rotary switches experienced a notable expansion in 2019, with its value rising to 56 463 thousand US dollars, a 50% increase from 37 669 thousand US dollars in 2018. This growth was primarily driven by a sharp increase in imports, which reached 80 379 thousand US dollars. By 2020, the market size moderated to 51 916 thousand US dollars as import values eased.

In the period after 2020, import values peaked in 2021 at 84 551 thousand US dollars before entering a downward trend, while exports fluctuated with a high point in 2023. The market environment in 2024 was shaped by the presence of established domestic manufacturers like Elpro Križnič, producing reliable low-voltage switch blocks, and the availability of certified 4P 16A switches suitable for diverse applications. Global energy price increases and geopolitical tensions also influenced the sector's dynamics during these years.

Production electrical push-button and rotary switches in Slovenia

In value, 2017-2020, K $ US

Slovenia's production of electrical push-button and rotary switches has grown for the third year in a row. In 2020, output reached 18 228 K $ US, marking a slight increase of 0.8% compared to the previous year. From 2017 to 2020, production rose by 12.8%, which translates to an average annual growth rate of 4.1%.

Annual dynamics of production in Slovenia in value, 2017-2020, K $ US

Exports electrical push-button and rotary switches from Slovenia

Exports in kind, t

Following a two-year decline, the volume of electrical push-button and rotary switches exported from Slovenia increased. In 2020, exports totaled 1 053 t, showing only a minor change from 2019. Between 2017 and 2020, exports fell by 12.1%, averaging an annual decrease of 4.2%. The lowest volume was recorded in 2019 at 1 051 t, with the sharpest drop of 8.6% occurring that same year.

Annual dynamics of product's exports from Slovenia in kind, 2017-2020, t

From 2017 to 2020, Slovenia's exports of electrical push-button and rotary switches in volume terms were widely distributed across countries. Turkey accounted for 23.3% of exports, Italy for 12.1%, and Germany for 9.3%, together making up just 44.7% of total flows. The remaining 55.3% was spread among numerous other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Slovenia in kind, 2017-2020

Exports in value, K $ US

Slovenia's exports of electrical push-button and rotary switches in value terms declined for the second consecutive year. In 2020, exports amounted to 40 256 K $ US, representing a gradual decrease of 4.2% year-over-year. Between 2017 and 2020, exports dropped by 10.7%, with an average annual decline of 3.7%. The highest value was recorded in 2018 at 47 393 K $ US, while the largest decrease of 11.4% occurred in 2019. In contrast, the biggest increase of 5.1% was seen in 2018.

Annual dynamics of product's exports from Slovenia in value, 2017-2020, K $ US

Between 2017 and 2020, Slovenia's exports of electrical push-button and rotary switches in value terms were spread across many countries. The United Kingdom contributed 14.3% of exports, Turkey 14.1%, and Germany 11.8%, together accounting for only 40.2% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Slovenia in value, 2017-2020

Imports electrical push-button and rotary switches to Slovenia

Imports in kind, t

After a two-year rise, imports of electrical push-button and rotary switches into Slovenia declined. In 2020, imports stood at 1 144 t, reflecting a moderate decrease of 9.0% compared to 2019. From 2017 to 2020, imports increased by 2.8%, averaging an annual growth rate of 0.9%. The peak volume was recorded in 2019 at 1 256 t, with the largest increase of 10.3% occurring in 2018.

Annual dynamics of product's imports to Slovenia in kind, 2017-2020, t

Over the period 2017–2020, imports of electrical push-button and rotary switches into Slovenia in volume terms were not highly concentrated. China made up 23.3% of imports, Bosnia and Herzegovina 13.9%, and Germany 11.7%, together capturing only 48.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Slovenia in kind, 2017-2020

Imports in value, K $ US

Following a two-year increase, Slovenia's imports of electrical push-button and rotary switches in value terms declined. In 2020, imports amounted to 73 944 K $ US, showing a decrease of 8.0% from the previous year. Between 2017 and 2020, imports grew by 24.7%, with an average annual rate of 7.6%. The highest value was recorded in 2019 at 80 379 K $ US, and the largest increase of 17.6% also occurred that year.

Annual dynamics of product's imports to Slovenia in value, 2017-2020, K $ US

During 2017–2020, imports of electrical push-button and rotary switches into Slovenia in value terms were distributed across a large number of markets. Germany accounted for 22.2% of imports, China for 14.4%, and Israel for 10.6%, jointly making up only 47.2% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovenia in value, 2017-2020