Slovakia: Spinach Market 2024

Spinach Market Size in Slovakia

The Slovak spinach market skyrocketed to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Spinach consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Spinach Production in Slovakia

In value terms, spinach production dropped remarkably to $X in 2023 estimated in export price. In general, production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. Spinach production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

The average yield of spinach in Slovakia plummeted to X tons per ha in 2023, with a decrease of X% on 2022. In general, the yield recorded a abrupt setback. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, the average spinach yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of spinach were harvested in Slovakia; waning by X% on the previous year's figure. Overall, the harvested area saw a pronounced setback. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. The spinach harvested area peaked at X ha in 2014; however, from 2015 to 2023, the harvested area remained at a lower figure.

Spinach Exports

Exports from Slovakia

In 2023, the amount of spinach exported from Slovakia fell remarkably to X tons, dropping by X% against the previous year's figure. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, spinach exports amounted to $X in 2023. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Hungary (X tons), the Czech Republic (X tons) and Austria (X kg) were the main destinations of spinach exports from Slovakia, together comprising X% of total exports.

From 2013 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and Austria ($X) constituted the largest markets for spinach exported from Slovakia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average spinach export price stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the export price, however, recorded a deep slump. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Spinach Imports

Imports into Slovakia

In 2023, supplies from abroad of spinach increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, spinach imports surged to $X in 2023. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Italy (X tons) constituted the largest supplier of spinach to Slovakia, accounting for a X% share of total imports. Moreover, spinach imports from Italy exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fivefold. Hungary (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Hungary (X% per year).

In value terms, Italy ($X) constituted the largest supplier of spinach to Slovakia, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Hungary, with an X% share.

From 2012 to 2023, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Hungary (X% per year).

Import Prices by Country

The average spinach import price stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform