Preserved Sauerkraut Price in Slovakia - 2023
Contents:
- Preserved Sauerkraut Price in Slovakia (CIF) - 2023
- Preserved Sauerkraut Price in Slovakia (FOB) - 2023
- Preserved Sauerkraut Imports in Slovakia
- Preserved Sauerkraut Exports in Slovakia
Preserved Sauerkraut Price in Slovakia (CIF) - 2023
In August 2023, the average preserved sauerkraut import price amounted to $2,232 per ton, surging by 14% against the previous month. In general, import price indicated a measured increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, preserved sauerkraut import price increased by +13.9% against July 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 17% m-o-m. Over the period under review, average import prices hit record highs in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($5,148 per ton), while the price for Poland ($1,312 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Price in Slovakia (FOB) - 2023
The average preserved sauerkraut export price stood at $2,247 per ton in August 2023, rising by 20% against the previous month. Over the period under review, export price indicated a resilient expansion from August 2022 to August 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, preserved sauerkraut export price increased by +20.0% against July 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Poland ($5,456 per ton), while the average price for exports to Estonia ($1,317 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Slovakia
For the third year in a row, Slovakia recorded decline in overseas purchases of preserved sauerkraut, which decreased by -38.3% to 4.5K tons in 2022. In general, imports saw a abrupt shrinkage. The smallest decline of -3.3% was in 2020.
In value terms, preserved sauerkraut imports plummeted to $8.2M in 2022. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 4.8% against the previous year.
| Import of Preserved Sauerkraut in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 2.5 | 2.5 | 2.8 | 1.7 | -12.1% |
| Hungary | 1.2 | 1.2 | 1.2 | 1.4 | 5.3% |
| Netherlands | 0.4 | 0.5 | 0.7 | 0.9 | 31.0% |
| Germany | 1.2 | 1.7 | 1.5 | 0.8 | -12.6% |
| Poland | 2.1 | 1.8 | 2.0 | 0.7 | -30.7% |
| Italy | 1.0 | 0.6 | 0.5 | 0.4 | -26.3% |
| France | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Spain | 1.4 | 0.3 | 0.2 | 0.1 | -58.5% |
| Others | 1.7 | 2.1 | 2.1 | 1.9 | 3.8% |
| Total | 11.7 | 10.6 | 11.1 | 8.2 | -11.2% |
Top Suppliers of Preserved Sauerkraut to Slovakia in 2022:
- Czech Republic (949.4 tons)
- Germany (779.1 tons)
- Poland (597.3 tons)
- Hungary (573.2 tons)
- Italy (341.7 tons)
- Netherlands (248.4 tons)
- France (98.6 tons)
- Spain (47.5 tons)
Preserved Sauerkraut Exports in Slovakia
In 2022, the amount of preserved sauerkraut exported from Slovakia fell to 5.7K tons, with a decrease of -6.9% compared with the previous year. Over the period under review, exports continue to indicate a abrupt setback.
In value terms, preserved sauerkraut exports reduced slightly to $7.9M in 2022. Overall, exports showed a noticeable decline. The smallest decline of -1.6% was in 2021.
| Export of Preserved Sauerkraut in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 5.0 | 4.8 | 4.0 | 3.3 | -12.9% |
| Germany | 2.5 | 2.1 | 2.4 | 2.6 | 1.3% |
| Lithuania | 0.6 | 0.7 | 0.7 | 0.7 | 5.3% |
| Poland | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Hungary | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Others | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
| Total | 9.0 | 8.2 | 8.1 | 7.9 | -4.3% |
Top Export Markets for Preserved Sauerkraut from Slovakia in 2022:
- Czech Republic (3225.7 tons)
- Germany (1472.8 tons)
- Lithuania (383.8 tons)
- Hungary (255.9 tons)
- Poland (118.2 tons)
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