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Slovakia - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpinach Price in Slovakia - 2023
Contents:
- Spinach Price in Slovakia (CIF) - 2023
- Spinach Price in Slovakia (FOB) - 2022
- Spinach Imports in Slovakia
- Spinach Exports in Slovakia
Spinach Price in Slovakia (CIF) - 2023
In May 2023, the average spinach import price amounted to $6,035 per ton, growing by 17% against the previous month. Over the period under review, import price indicated tangible growth from May 2022 to May 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, spinach import price increased by +44.7% against October 2022 indices. The pace of growth appeared the most rapid in October 2022 an increase of 32% month-to-month. The import price peaked in May 2023.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($9,090 per ton), while the price for Italy ($4,360 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Spinach Price in Slovakia (FOB) - 2022
In 2022, the average spinach export price amounted to $3,155 per ton, falling by -3.9% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 35% against the previous year. The export price peaked at $13,933 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($8,632 per ton), while the average price for exports to Hungary ($2,262 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+8.3%), while the prices for the other major destinations experienced a decline.
Spinach Imports in Slovakia
In 2022, purchases abroad of spinach increased by 31% to 377 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spinach imports fell markedly to $1.1M in 2022. Over the period under review, imports, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Spinach in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 841 | 845 | 855 | 769 | -2.9% |
Czech Republic | 4.3 | 8.5 | 3.3 | 124 | 206.7% |
Netherlands | 121 | 119 | 122 | 103 | -5.2% |
Spain | 4.7 | 0.3 | 9.8 | 68.4 | 144.1% |
Hungary | 140 | 688 | 507 | 46.1 | -30.9% |
Others | 73.2 | 59.1 | 24.8 | 20.0 | -35.1% |
Total | 1,184 | 1,720 | 1,521 | 1,130 | -1.5% |
Top Suppliers of Spinach to Slovakia in 2022:
- Italy (211.3 tons)
- Czech Republic (109.5 tons)
- Spain (22.7 tons)
- Netherlands (21.9 tons)
- Hungary (7.8 tons)
Spinach Exports in Slovakia
In 2022, after two years of decline, there was growth in overseas shipments of spinach, when their volume increased by 1.1% to 8 tons. Over the period under review, exports, however, faced a sharp contraction.
In value terms, spinach exports contracted slightly to $25K in 2022. In general, exports, however, showed a significant contraction.
Export of Spinach in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 43.6 | 45.1 | 14.5 | 8.4 | -42.2% |
Hungary | 0.2 | 0.6 | 10.4 | 7.5 | 234.7% |
Germany | N/A | 0.8 | N/A | 5.2 | 155.0% |
Spain | N/A | N/A | N/A | 2.3 | 0% |
Austria | 8.2 | 1.4 | 0.8 | 1.6 | -42.0% |
Bulgaria | 73.0 | 58.5 | N/A | N/A | -19.9% |
Lithuania | 1.3 | 5.7 | N/A | N/A | 338.5% |
Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
Total | 127 | 112 | 25.9 | 25.1 | -41.8% |
Top Export Markets for Spinach from Slovakia in 2022:
- Hungary (3.3 tons)
- Germany (2.0 tons)
- Czech Republic (1.7 tons)
- Spain (0.7 tons)
- Austria (0.2 tons)
This report provides an in-depth analysis of the spinach market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 373 - Spinach
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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