Price for Food Preparations Not Elsewhere Specified or Included in Slovenia - 2023

Contents:

  1. Price for Food Preparations Not Elsewhere Specified or Included in Slovenia (FOB) - 2022
  2. Price for Food Preparations Not Elsewhere Specified or Included in Slovenia (CIF) - 2023
  3. Exports of Food Preparations Not Elsewhere Specified or Included in Slovenia
  4. Imports of Food Preparations Not Elsewhere Specified or Included in Slovenia

Price for Food Preparations Not Elsewhere Specified or Included in Slovenia (FOB) - 2022

The average export price for food preparations not elsewhere specified or included stood at $12,517 per ton in 2022, increasing by 1.5% against the previous year. In general, the export price continues to indicate a moderate expansion. The growth pace was the most rapid in 2017 an increase of 41% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($18,134 per ton), while the average price for exports to the United States ($1,573 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 the Czech Republic (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Food Preparations Not Elsewhere Specified or Included in Slovenia (CIF) - 2023

In November 2023, the average import price for food preparations not elsewhere specified or included amounted to $7,440 per ton, flattening at the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in February 2023 an increase of 20% month-to-month. The import price peaked at $7,788 per ton in August 2023; however, from September 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($60,677 per ton), while the price for Croatia ($3,524 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Food Preparations Not Elsewhere Specified or Included in Slovenia

Exports of food preparations not elsewhere specified or included from Slovenia totaled 20K tons in 2022, with an increase of 7.9% on the year before. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of food preparations not elsewhere specified or included expanded remarkably to $253M in 2022. The total export value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Food Preparations Not Elsewhere Specified or Included in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia15.416.920.423.615.3%
Italy14.614.918.719.910.9%
Bosnia and Herzegovina17.616.417.916.7-1.7%
Czech Republic7.17.08.415.529.7%
Serbia15.415.117.215.1-0.7%
Germany3.54.211.214.761.3%
KosovoN/A6.28.38.315.7%
Spain3.91.84.07.826.0%
Poland5.63.54.46.44.6%
Bulgaria6.25.57.46.0-1.1%
Slovakia1.01.72.45.374.4%
Portugal0.1N/A1.93.1214.1%
United States0.50.90.92.161.3%
Others92.298.01081085.4%
Total18319223125311.4%

Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Slovenia in 2022:

  1. Croatia (2.9K tons)
  2. Italy (2.0K tons)
  3. United States (1.3K tons)
  4. Bosnia and Herzegovina (1.2K tons)
  5. Kosovo (1.1K tons)
  6. Serbia (1.1K tons)
  7. Germany (1.1K tons)
  8. Spain (1.1K tons)
  9. Czech Republic (0.9K tons)
  10. Bulgaria (0.8K tons)
  11. Poland (0.6K tons)
  12. Slovakia (0.5K tons)
  13. Portugal (0.5K tons)

Imports of Food Preparations Not Elsewhere Specified or Included in Slovenia

In 2022, the amount of food preparations not elsewhere specified or included imported into Slovenia rose to 30K tons, surging by 4.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 9.8% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of food preparations not elsewhere specified or included rose markedly to $187M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 14%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Food Preparations Not Elsewhere Specified or Included in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.127.526.028.84.7%
Italy24.719.824.925.61.2%
Croatia13.414.917.720.314.8%
Poland16.915.119.119.44.7%
Netherlands7.514.316.918.234.4%
Austria9.910.813.413.510.9%
Hungary4.57.46.67.518.6%
Slovakia3.15.25.76.930.6%
Others41.241.046.746.54.1%
Total1461561771878.6%

Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Slovenia in 2022:

  1. Croatia (6.3K tons)
  2. Italy (4.8K tons)
  3. Germany (3.8K tons)
  4. Austria (3.5K tons)
  5. Hungary (2.0K tons)
  6. Netherlands (1.9K tons)
  7. Poland (1.9K tons)
  8. Slovakia (1.8K tons)

Source: IndexBox Market Intelligence Platform

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