The commercial industrial gases market in Slovenia is estimated to have generated revenues of $87m in 2019. This is up from $98.2m in 2009, giving a compound annual growth rate of -0.9% as there was a loss.
Between 2009 and 2019 GDP grew by an average of 0.6% p.a. over the decade. Despite recent positive economic events, Slovenia has spent a number of years over the past decade in recession. In 2012 and 2015, the country’s GDP shrank by -9.7% p.a. and -13.8% p.a. respectively. GDP returned to growth in 2016 and continued this trend into 2019 with strong growth rates of 4.0% YoY.
Within the 2019-2024 timeframe, accordingly, our forecast models predict growth from 2.7% p.a. in a low scenario to 4.1% p.a. in a high scenario. This should see the industry in Sloveina achieve revenues of between $90.2m to $96.4m by 2024.
Report Data: 2019
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential
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