Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia - 2023

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia (CIF) - 2023
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia (FOB) - 2022
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia (CIF) - 2023

In November 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $5,966 per ton, which is down by -10.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 14% month-to-month. The import price peaked at $6,805 per ton in September 2023; however, from October 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($74,910 per ton), while the price for Italy ($3,282 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia (FOB) - 2022

In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,864 per ton, declining by -3.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. As a result, the export price reached the peak level of $5,045 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($6,141 per ton), while the average price for exports to Serbia ($2,515 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 (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia

Imports of soups and broths and preparations therefor; homogenised composite food preparationses into Slovenia expanded modestly to 2K tons in 2022, increasing by 2.1% against the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.7%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses rose sharply to $11M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2.55.35.25.429.3%
Croatia1.52.12.12.315.3%
Austria1.31.11.41.30.0%
Germany1.10.30.30.4-28.6%
IsraelN/A0.20.30.322.5%
Serbia0.80.30.20.3-27.9%
Italy1.30.30.20.2-46.4%
Switzerland0.6N/AN/AN/A0%
Others1.00.40.50.6-15.7%
Total10.29.910.210.81.9%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Slovenia in 2022:

  1. Hungary (808.8 tons)
  2. Croatia (394.4 tons)
  3. Austria (348.9 tons)
  4. Serbia (98.1 tons)
  5. Germany (95.0 tons)
  6. Israel (86.7 tons)
  7. Italy (59.2 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia

In 2022, approx. 378 tons of soups and broths and preparations therefor; homogenised composite food preparationses were exported from Slovenia; picking up by 22% compared with 2021 figures. Overall, exports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses soared to $1.5M in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia5514395696183.9%
Bosnia and Herzegovina477195161198-25.4%
Serbia307118210190-14.8%
Italy5.640.154.0113172.2%
Montenegro13030.452.492.6-10.7%
Austria10769.436.844.5-25.4%
Hungary69.431.419.835.7-19.9%
North Macedonia66.416.97.09.4-47.9%
Others50.248.712915746.2%
Total1,7639891,2391,459-6.1%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Slovenia in 2022:

  1. Croatia (179.2 tons)
  2. Serbia (75.7 tons)
  3. Italy (39.9 tons)
  4. Bosnia and Herzegovina (36.2 tons)
  5. Montenegro (20.0 tons)
  6. Hungary (5.8 tons)
  7. Austria (2.6 tons)
  8. North Macedonia (2.2 tons)

Source: IndexBox Market Intelligence Platform

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