Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia - 2023

Contents:

1. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia (CIF) - 2023
2. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia (FOB) - 2022
3. Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia
4. Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia (CIF) - 2023

The average import price for liquid margarine and edible mixtures of animal or vegetable fats stood at $1,152 per ton in October 2023, with a decrease of -47.2% against the previous month. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 56% month-to-month. As a result, import price attained the peak level of $3,845 per ton. From June 2023 to October 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bosnia and Herzegovina.

From October 2022 to October 2023, the rate of growth in terms of prices for Belgium amounted to +3.2% per month.

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia (FOB) - 2022

In 2022, the average export price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $2,459 per ton, dropping by -52.7% against the previous year. In general, the export price, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 an increase of 287% against the previous year. The export price peaked at $10,808 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($4,608 per ton), while the average price for exports to Serbia ($2,090 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 Bosnia and Herzegovina (+33.2%), 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 Slovenia

In 2022, purchases abroad of liquid margarine and edible mixtures of animal or vegetable fats decreased by -9.3% to 3.3K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 3.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats surged to $7.6M 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 +25.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Slovenia in 2022:

1. Croatia (990.6 tons)
2. Netherlands (575.6 tons)
3. Bosnia and Herzegovina (361.5 tons)
4. Italy (356.8 tons)
5. Belgium (301.6 tons)
6. Hungary (299.2 tons)
7. Serbia (176.8 tons)
8. Austria (143.1 tons)

Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Slovenia

Exports of liquid margarine and edible mixtures of animal or vegetable fats from Slovenia skyrocketed to 130 tons in 2022, surging by 57% compared with the previous year. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 145% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats declined rapidly to $319K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 168%.

Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Slovenia in 2022:

1. Croatia (70.5 tons)
2. Serbia (49.3 tons)
3. Albania (2.8 tons)
4. Japan (2.4 tons)

Source: IndexBox Market Intelligence Platform