Slovakia: Market for Meat Preparations of Poultry 2024

Market Size for Meat Preparations of Poultry in Slovakia

The Slovak meat preparations of poultry market surged to $X in 2023, rising by X% against the previous year. Overall, consumption, however, continues to indicate a perceptible decrease. Meat preparations of poultry consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Meat Preparations of Poultry in Slovakia

In value terms, meat preparations of poultry production contracted to $X in 2023 estimated in export price. Overall, production recorded a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Meat preparations of poultry production peaked at $X in 2022, and then reduced in the following year.

Exports of Meat Preparations of Poultry

Exports from Slovakia

In 2023, overseas shipments of meat preparations of poultry increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, meat preparations of poultry exports soared to $X in 2023. In general, exports continue to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for meat preparations of poultry exports from Slovakia, accounting for a X% share of total exports. Moreover, meat preparations of poultry exports to Hungary exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Poland (X% per year).

In value terms, the largest markets for meat preparations of poultry exported from Slovakia were Poland ($X), France ($X) and Hungary ($X), with a combined X% share of total exports.

In terms of the main countries of destination, France, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average meat preparations of poultry export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a modest expansion. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat Preparations of Poultry

Imports into Slovakia

In 2023, approx. X tons of meat preparations of poultry were imported into Slovakia; jumping by X% compared with the previous year. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, meat preparations of poultry imports skyrocketed to $X in 2023. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

Poland (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main suppliers of meat preparations of poultry imports to Slovakia, together accounting for X% of total imports. Spain, Germany, Belgium, the Netherlands and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and the Czech Republic ($X) were the largest meat preparations of poultry suppliers to Slovakia, with a combined X% share of total imports. Spain, Germany, the Netherlands, Belgium and Austria lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average meat preparations of poultry import price amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated a resilient increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, meat preparations of poultry import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2023 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform