Price for Protein; Concentrates and Textured Protein Substances in Slovenia - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Slovenia (CIF) - 2024
- Price for Protein; Concentrates and Textured Protein Substances in Slovenia (FOB) - 2024
- Imports of Protein; Concentrates and Textured Protein Substances in Slovenia
- Exports of Protein; Concentrates and Textured Protein Substances in Slovenia
Price for Protein; Concentrates and Textured Protein Substances in Slovenia (CIF) - 2024
In March 2024, the average import price for protein; concentrates and textured protein substanceses amounted to $2,035 per ton, surging by 2% against the previous month. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 126% month-to-month. As a result, import price reached the peak level of $18,427 per ton. From August 2023 to March 2024, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Serbia.
From March 2023 to March 2024, the rate of growth in terms of prices for Belgium amounted to +3.8% per month.
Price for Protein; Concentrates and Textured Protein Substances in Slovenia (FOB) - 2024
In March 2024, the average export price for protein; concentrates and textured protein substanceses amounted to $15,980 per ton, declining by -8.6% against the previous month. In general, the export price recorded a noticeable decrease. The growth pace was the most rapid in January 2024 when the average export price increased by 109% month-to-month. The export price peaked at $29,083 per ton in March 2023; however, from April 2023 to March 2024, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In March 2024, the highest price was recorded for prices to Nigeria ($18,254 per ton) and Montenegro ($17,992 per ton), while the average price for exports to North Macedonia ($14,215 per ton) and Serbia ($15,878 per ton) were amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Slovenia
In 2022, after three years of growth, there was significant decline in overseas purchases of protein; concentrates and textured protein substanceses, when their volume decreased by -10.5% to 1.7K tons. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of 1.9K tons, and then dropped in the following year.
In value terms, imports of protein; concentrates and textured protein substanceses soared to $13M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +64.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 26%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Protein; Concentrates and Textured Protein Substances in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,893 | 1,724 | 2,762 | 4,511 | 33.6% |
| Hungary | 1,109 | 1,496 | 1,787 | 2,051 | 22.7% |
| Netherlands | 1,253 | 1,524 | 1,574 | 1,634 | 9.3% |
| Croatia | 739 | 631 | 1,623 | 1,141 | 15.6% |
| Belgium | 36.9 | 21.1 | 786 | 965 | 196.8% |
| Slovakia | 366 | 374 | 426 | 521 | 12.5% |
| Germany | 65.6 | 212 | 241 | 444 | 89.2% |
| Poland | 656 | 821 | 605 | 339 | -19.8% |
| Austria | 147 | 171 | 227 | 227 | 15.6% |
| Serbia | 60.9 | 64.2 | 85.6 | 103 | 19.1% |
| United Kingdom | 957 | 933 | 33.4 | 12.0 | -76.8% |
| Others | 703 | 774 | 872 | 1,154 | 18.0% |
| Total | 7,986 | 8,744 | 11,022 | 13,102 | 17.9% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Slovenia in 2022:
- Netherlands (857.5 tons)
- Croatia (227.6 tons)
- Hungary (140.5 tons)
- Slovakia (134.3 tons)
- Germany (79.2 tons)
- Serbia (69.2 tons)
- Belgium (57.2 tons)
- Austria (51.7 tons)
- Italy (23.9 tons)
- Poland (17.0 tons)
- United Kingdom (0.6 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Slovenia
Exports of protein; concentrates and textured protein substanceses from Slovenia rose rapidly to 694 tons in 2022, increasing by 15% on the year before. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of protein; concentrates and textured protein substanceses skyrocketed to $9.8M in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Protein; Concentrates and Textured Protein Substances in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 719 | 988 | 1,608 | 2,002 | 40.7% |
| Italy | 2,136 | 2,091 | 925 | 993 | -22.5% |
| Bosnia and Herzegovina | 377 | 502 | 646 | 691 | 22.4% |
| Poland | 0.1 | 1.5 | 0.8 | 643 | 1759.5% |
| Croatia | 391 | 325 | 447 | 587 | 14.5% |
| Spain | 1.1 | 7.1 | 21.2 | 555 | 696.1% |
| Montenegro | 313 | 344 | 436 | 361 | 4.9% |
| Germany | 42.1 | 37.2 | 7.8 | 347 | 102.0% |
| Austria | 151 | 194 | 376 | 237 | 16.2% |
| Others | 426 | 685 | 618 | 3,421 | 100.3% |
| Total | 4,556 | 5,173 | 5,086 | 9,837 | 29.2% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Slovenia in 2022:
- Serbia (165.7 tons)
- Austria (65.8 tons)
- Bosnia and Herzegovina (64.5 tons)
- Germany (59.3 tons)
- Italy (58.6 tons)
- Croatia (57.4 tons)
- Poland (45.9 tons)
- Spain (32.4 tons)
- Montenegro (31.4 tons)
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