Price for Vegetable Products Not Elsewhere Specified or Included in Slovakia - 2024

Contents:

  1. Price for Vegetable Products Not Elsewhere Specified or Included in Slovakia (CIF) - 2022
  2. Price for Vegetable Products Not Elsewhere Specified or Included in Slovakia (FOB) - 2022
  3. Imports of Vegetable Products Not Elsewhere Specified or Included in Slovakia
  4. Exports of Vegetable Products Not Elsewhere Specified or Included in Slovakia

Price for Vegetable Products Not Elsewhere Specified or Included in Slovakia (CIF) - 2022

The average import price for vegetable products not elsewhere specified or includeds stood at $659 per ton in 2022, jumping by 28% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 111%. The import price peaked at $3,305 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($3,135 per ton), while the price for Spain ($232 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetable Products Not Elsewhere Specified or Included in Slovakia (FOB) - 2022

The average export price for vegetable products not elsewhere specified or includeds stood at $765 per ton in 2022, shrinking by -11.4% against the previous year. Over the period under review, the export price continues to indicate a dramatic decline. The growth pace was the most rapid in 2018 when the average export price increased by 2,289% against the previous year. Over the period under review, the average export prices attained the maximum at $8,434 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6,895 per ton), while the average price for exports to Moldova ($444 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 Hungary (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Vegetable Products Not Elsewhere Specified or Included in Slovakia

In 2022, overseas purchases of vegetable products not elsewhere specified or includeds decreased by -36.4% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 57% against the previous year.

In value terms, imports of vegetable products not elsewhere specified or includeds stood at $1.3M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Vegetable Products Not Elsewhere Specified or Included in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic237183137148-14.5%
Portugal1042853681153.4%
Belgium31.326.836.510449.2%
Austria99.813517389.4-3.6%
Hungary41.232.955.987.628.6%
India20.019.192.981.759.9%
SpainN/A7.027.365.0204.7%
BelarusN/AN/AN/A31.90%
Others31319434356421.7%
Total8478831,2341,28614.9%

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Slovakia in 2022:

  1. Portugal (443.1 tons)
  2. Spain (280.7 tons)
  3. Belgium (255.0 tons)
  4. Czech Republic (129.9 tons)
  5. Belarus (119.5 tons)
  6. India (73.0 tons)
  7. Hungary (54.9 tons)
  8. Austria (31.2 tons)

Exports of Vegetable Products Not Elsewhere Specified or Included in Slovakia

In 2022, exports of vegetable products not elsewhere specified or includeds from Slovakia surged to 506 tons, picking up by 148% on the year before. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetable products not elsewhere specified or includeds surged to $389K in 2022. Overall, exports enjoyed a pronounced increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetable Products Not Elsewhere Specified or Included in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania74.067.683.716029.3%
Hungary76.458.821.715827.4%
Serbia13.023.123.918.312.1%
Czech Republic10975.111.712.4-51.5%
Moldova6.09.78.61.3-39.9%
Others58.747.024.039.0-12.7%
Total3372811743894.9%

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Slovakia in 2022:

  1. Romania (274.9 tons)
  2. Hungary (200.1 tons)
  3. Serbia (14.8 tons)
  4. Czech Republic (3.2 tons)
  5. Moldova (2.9 tons)

Source: IndexBox Market Intelligence Platform

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