Medical, surgical, dental or veterinary furniture and parts market in Slovenia

Earlier Report Observations

Between 2018 and 2020, Slovenia's production of medical and veterinary furniture declined from 7.3 million USD to 6.6 million USD. Imports rose sharply in 2019 to 6.9 million USD before a slight contraction in 2020, while exports remained stable at around 6.6 million USD. This resulted in the total market size growing by 47% to 7.6 million USD in 2019, then falling back to 6.7 million USD the following year.

From 2021 onward, import values showed volatility, peaking at 9.8 million USD in 2021 and fluctuating between 7.9 million USD and 9.0 million USD through 2024. Conversely, exports demonstrated consistent growth, rising from 8.5 million USD in 2021 to exceed 10.1 million USD by 2024, indicating an expanding international footprint for Slovenian products in this sector.

Production medical and veterinary furniture and parts in Slovenia

In value, 2017-2020, K $ US

Slovenia's production of medical, surgical, dental, or veterinary furniture and parts has declined for the third year in a row. In 2020, output was valued at 6 582 thousand US dollars, marking a moderate decrease of 9.6% compared to 2019. From 2017 to 2020, production fell by 23.9%, which translates to an average annual decline of 8.7%.

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

Exports medical and veterinary furniture and parts from Slovenia

Exports in kind, t

In 2020, Slovenia exported 331.8 tonnes of medical, surgical, dental, or veterinary furniture and parts, showing a modest decline of 9.0% from the previous year. Over the 2017-2020 period, exports decreased by 5.9%, with a compound annual growth rate of -2.0%. The lowest export volume was in 2018 at 320.9 tonnes, while the highest was in 2019 at 364.6 tonnes. The largest drop occurred in 2018 with a 9.0% decrease, and the biggest increase was in 2019 with a 13.6% rise.

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

From 2017 to 2020, Germany, the Netherlands, and Austria were significant buyers of medical, surgical, dental, or veterinary furniture and parts from Slovenia, accounting for 17.5%, 12.8%, and 11.3% of exports in kind, respectively. However, their combined share was only 41.5% of total exports, with the remaining 58.5% spread across numerous other trading partners.

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 medical, surgical, dental, or veterinary furniture and parts in 2020 amounted to 6 577 thousand US dollars, reflecting a slight increase of 0.6% compared to the previous year. The highest value was recorded in 2018 at 6 621 thousand US dollars. The largest decline occurred in 2019 with a 1.3% drop, while the biggest increase was in 2018 with a 2.4% rise.

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

During 2017-2020, Slovenia's exports in value terms of medical, surgical, dental, or veterinary furniture and parts were not heavily concentrated on a few key markets. Germany, the Netherlands, and Switzerland accounted for 17.0%, 11.6%, and 10.8% of exports in value terms, respectively, but together they represented only 39.5% of total export 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 medical and veterinary furniture and parts to Slovenia

Imports in kind, t

Slovenia's imports of medical, surgical, dental, or veterinary furniture and parts have increased for the second consecutive year. In 2020, imports reached approximately 465.8 tonnes, up by 12.3% compared to the previous year. From 2017 to 2020, imports grew by 36.2%, with a compound annual growth rate of 10.9%. The lowest import volume was in 2018 at 286.0 tonnes. The largest decline was in 2018 with a 16.4% decrease, and the biggest increase was in 2019 with a 45.0% rise.

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

Between 2017 and 2020, Germany, Italy, and China were the main sources for Slovenia's imports in kind of medical, surgical, dental, or veterinary furniture and parts, with shares of 34.5%, 17.2%, and 15.7%, respectively. Together, they accounted for 67.4% of total import 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

In 2020, Slovenia's imports of medical, surgical, dental, or veterinary furniture and parts were valued at 6 660 thousand US dollars, indicating a decline of 3.0% from the previous year. Over the 2017-2020 period, imports increased by 35.4%, with a compound annual growth rate of 10.6%. The lowest value was in 2018 at 4 486 thousand US dollars, while the highest was in 2019 at 6 862 thousand US dollars. The largest drop occurred in 2018 with an 8.8% decrease, and the biggest increase was in 2019 with a 53.0% rise.

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

From 2017 to 2020, Germany, Italy, and the United States formed the key group of partners for Slovenia's imports in value terms of medical, surgical, dental, or veterinary furniture and parts, with shares of 28.1%, 20.2%, and 12.5%, respectively. Collectively, they represented 60.7% of total import flows.

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

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