Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia - 2023
Contents:
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia (CIF) - 2023
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia (FOB) - 2022
- Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia
- Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia (CIF) - 2023
In August 2023, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $2,330 per ton, rising by 5.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 24% m-o-m. As a result, import price attained the peak level of $2,880 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Czech Republic ($4,201 per ton), while the price for Greece ($1,865 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 Poland (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia (FOB) - 2022
The average export price for liquid margarine and edible mixtures of animal or vegetable fats stood at $3,951 per ton in 2022, jumping by 33% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 186%. As a result, the export price reached the peak level of $4,484 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($9,262 per ton), while the average price for exports to Poland ($1,976 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 Germany (+82.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia
In 2022, overseas purchases of liquid margarine and edible mixtures of animal or vegetable fats decreased by -7.5% to 10K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 0.9%. As a result, imports reached the peak of 14K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats skyrocketed to $22M in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 3.9 | 5.7 | 8.0 | 16.2% |
| Netherlands | 5.0 | 4.8 | 3.4 | 4.0 | -7.2% |
| Sweden | 0.1 | 1.4 | 1.0 | 3.7 | 233.2% |
| Austria | 2.0 | 2.1 | 3.1 | 3.0 | 14.5% |
| Poland | 0.7 | 2.7 | 1.7 | 1.6 | 31.7% |
| Czech Republic | 2.2 | 1.0 | 0.7 | 0.8 | -28.6% |
| Greece | N/A | N/A | 0.3 | 0.6 | 100.0% |
| Others | 0.8 | 0.6 | 0.4 | 0.6 | -9.1% |
| Total | 15.9 | 16.4 | 16.2 | 22.3 | 11.9% |
Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Slovakia in 2022:
- Germany (3.8K tons)
- Austria (1.8K tons)
- Sweden (1.6K tons)
- Netherlands (1.5K tons)
- Poland (0.8K tons)
- Czech Republic (0.2K tons)
- Greece (0.2K tons)
Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia
In 2022, shipments abroad of liquid margarine and edible mixtures of animal or vegetable fats decreased by -32.9% to 43 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 183% against the previous year. As a result, the exports reached the peak of 76 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats shrank to $168K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 709% against the previous year. As a result, the exports attained the peak of $339K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | 156 | N/A | 61.6 | -37.2% |
| Greece | N/A | N/A | N/A | 39.1 | 0% |
| Czech Republic | 18.1 | 63.3 | 52.6 | 29.1 | 17.1% |
| Poland | 0.6 | 37.9 | 25.9 | 13.2 | 180.2% |
| Germany | N/A | N/A | N/A | 11.7 | 0% |
| Hungary | 1.3 | 67.7 | 108 | 5.7 | 63.7% |
| Lithuania | N/A | N/A | N/A | 3.4 | 0% |
| Austria | 13.6 | 0.7 | N/A | 0.1 | -80.6% |
| Belgium | 6.3 | N/A | N/A | N/A | 0% |
| North Macedonia | N/A | 12.6 | N/A | N/A | 0% |
| Others | 2.0 | 0.2 | 1.9 | 4.2 | 28.1% |
| Total | 41.9 | 339 | 189 | 168 | 58.9% |
Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Slovakia in 2022:
- Greece (14.2 tons)
- Czech Republic (8.9 tons)
- Ukraine (6.7 tons)
- Poland (6.7 tons)
- Hungary (2.7 tons)
- Lithuania (1.4 tons)
- Germany (1.3 tons)
532
This report provides an in-depth analysis of the margarine and shortening market in Slovakia.
2188
This report provides an in-depth analysis of the global margarine and shortening market.
617
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
532
This report provides an in-depth analysis of the margarine and shortening market in Slovakia.
2188
This report provides an in-depth analysis of the global margarine and shortening market.
617
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
197
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
5705
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
4711
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
197
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
5705
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
4711
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
