Slovakia - Figs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFig Price in Slovakia - 2023
Contents:
- Fig Price in Slovakia (CIF) - 2022
- Fig Price in Slovakia (FOB) - 2022
- Fig Imports in Slovakia
- Fig Exports in Slovakia
Fig Price in Slovakia (CIF) - 2022
The average fig import price stood at $2,304 per ton in 2022, rising by 10% against the previous year. Overall, the import price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 48%. As a result, import price attained the peak level of $5,383 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($3,562 per ton), while the price for Germany ($330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+2.8%), while the prices for the other major suppliers experienced a decline.
Fig Price in Slovakia (FOB) - 2022
In 2022, the average fig export price amounted to $4,381 per ton, waning by -15% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 30%. The export price peaked at $5,155 per ton in 2021, and then shrank remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,569 per ton), while the average price for exports to Romania ($3,538 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Fig Imports in Slovakia
In 2022, fig imports into Slovakia declined significantly to 2.4K tons, reducing by -15.8% against the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, imports attained the peak of 2.9K tons, and then dropped remarkably in the following year.
In value terms, fig imports declined to $5.6M in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 28%.
| Import of Fig in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.7 | 4.0 | 5.0 | 5.2 | -3.0% |
| Germany | 0.7 | 0.4 | 0.5 | N/A | -15.5% |
| Others | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| Total | 6.9 | 4.7 | 6.0 | 5.6 | -6.7% |
Top Suppliers of Fig to Slovakia in 2022:
- Turkey (2291.0 tons)
- Germany (36.3 tons)
Fig Exports in Slovakia
For the fourth year in a row, Slovakia recorded growth in overseas shipments of figs, which increased by 29% to 1.1K tons in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fig exports rose sharply to $5M in 2022. The total export value increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, 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 16% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Fig in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1,963 | 2,278 | 1,714 | 1,866 | -1.7% |
| Germany | 236 | 405 | 1,460 | 1,249 | 74.3% |
| Switzerland | 346 | 389 | 594 | 665 | 24.3% |
| Czech Republic | 513 | 487 | 484 | 568 | 3.5% |
| Hungary | 21.7 | 34.9 | 117 | 287 | 136.5% |
| Italy | N/A | N/A | 79.5 | 99.9 | 25.7% |
| Romania | 167 | 225 | 2.1 | 86.6 | -19.7% |
| Poland | 144 | 121 | 60.6 | 68.0 | -22.1% |
| Others | 44.2 | 0.3 | 77.1 | 144 | 48.2% |
| Total | 3,436 | 3,940 | 4,589 | 5,033 | 13.6% |
Top Export Markets for Fig from Slovakia in 2022:
- Austria (378.4 tons)
- Germany (348.3 tons)
- Czech Republic (143.4 tons)
- Switzerland (101.2 tons)
- Hungary (74.5 tons)
- Italy (26.2 tons)
- Romania (24.5 tons)
- Poland (16.7 tons)
This report provides an in-depth analysis of the fig market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 569 - Figs
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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