Slovakia - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chocolate and Other Food Preparations Containing Cocoa in Slovakia - 2024
Contents:
- Price for Chocolate and Other Food Preparations Containing Cocoa in Slovakia (FOB) - 2024
- Price for Chocolate and Other Food Preparations Containing Cocoa in Slovakia (CIF) - 2024
- Exports of Chocolate and Other Food Preparations Containing Cocoa in Slovakia
- Imports of Chocolate and Other Food Preparations Containing Cocoa in Slovakia
Price for Chocolate and Other Food Preparations Containing Cocoa in Slovakia (FOB) - 2024
The average export price for chocolate and other food preparations containing cocoa stood at $3,835 per ton in August 2023, remaining relatively unchanged against the previous month. Over the last seven-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2023 an increase of 12% m-o-m. The export price peaked at $3,853 per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In August 2023, the highest price was recorded for prices to Sweden ($5,335 per ton) and the Czech Republic ($3,843 per ton), while the average price for exports to Hungary ($3,719 per ton) and Greece ($3,734 per ton) were amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Chocolate and Other Food Preparations Containing Cocoa in Slovakia (CIF) - 2024
The average import price for chocolate and other food preparations containing cocoa stood at $3,863 per ton in September 2023, rising by 4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 15% m-o-m. Over the period under review, average import prices hit record highs at $4,466 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Switzerland ($9,100 per ton), while the price for the UK totaled $8,948 per ton.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Chocolate and Other Food Preparations Containing Cocoa in Slovakia
In 2022, after two years of decline, there was significant growth in overseas shipments of chocolate and other food preparations containing cocoa, when their volume increased by 14% to 20K tons. Overall, exports, however, continue to indicate a slight descent.
In value terms, exports of chocolate and other food preparations containing cocoa expanded rapidly to $61M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chocolate and Other Food Preparations Containing Cocoa in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 16.8 | 16.3 | 17.6 | 23.0 | 11.0% |
| Czech Republic | 14.7 | 16.0 | 16.6 | 14.8 | 0.2% |
| Hungary | 24.2 | 21.6 | 17.1 | 13.2 | -18.3% |
| Germany | N/A | N/A | 0.2 | 6.1 | 2950.0% |
| Belgium | 2.2 | 2.3 | 2.8 | 2.5 | 4.4% |
| Greece | 0.6 | 1.0 | 0.7 | 0.9 | 14.5% |
| Others | 0.7 | 0.5 | 0.2 | 0.9 | 8.7% |
| Total | 59.2 | 57.8 | 55.2 | 61.4 | 1.2% |
Top Export Markets for Chocolate and Other Food Preparations Containing Cocoa from Slovakia in 2022:
- Poland (7.8K tons)
- Czech Republic (4.9K tons)
- Hungary (4.3K tons)
- Germany (2.0K tons)
- Belgium (0.8K tons)
- Greece (0.3K tons)
Imports of Chocolate and Other Food Preparations Containing Cocoa in Slovakia
For the fourth year in a row, Slovakia recorded growth in purchases abroad of chocolate and other food preparations containing cocoa, which increased by 8.3% to 8.6K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.7% 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 +98.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 53% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of chocolate and other food preparations containing cocoa stood at $27M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.6% 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 +75.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 54%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Chocolate and Other Food Preparations Containing Cocoa in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.8 | 4.2 | 9.9 | 10.4 | 54.9% |
| Czech Republic | 4.8 | 6.4 | 7.6 | 4.8 | 0.0% |
| France | N/A | N/A | 0.4 | 3.5 | 775.0% |
| Sweden | 1.4 | 1.5 | 1.8 | 2.0 | 12.6% |
| Poland | 2.0 | 1.1 | 1.5 | 1.8 | -3.5% |
| Austria | 0.8 | 0.8 | 0.8 | 0.8 | 0.0% |
| Netherlands | 0.2 | N/A | 0.1 | 0.7 | 51.8% |
| Germany | 0.5 | 3.2 | 2.9 | 0.7 | 11.9% |
| United Kingdom | 0.6 | 4.3 | N/A | N/A | 616.7% |
| Others | 2.0 | 2.0 | 1.3 | 1.8 | -3.5% |
| Total | 15.2 | 23.4 | 26.3 | 26.6 | 20.5% |
Top Suppliers of Chocolate and Other Food Preparations Containing Cocoa to Slovakia in 2022:
- Belgium (3750.6 tons)
- France (1221.7 tons)
- Czech Republic (974.2 tons)
- Sweden (695.5 tons)
- Poland (598.4 tons)
- Austria (438.6 tons)
- Netherlands (256.2 tons)
- Germany (217.9 tons)
- United Kingdom (2.9 tons)
This report provides an in-depth analysis of the chocolate 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:
- Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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