Slovakia: Apple Juice Market 2024

Apple Juice Market Size in Slovakia

In 2021, the Slovak apple juice market increased by 8.3% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +39.8% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Apple Juice Production in Slovakia

In value terms, apple juice production amounted to $X in 2021 estimated in export price. In general, production showed a deep downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by 16% against the previous year. Apple juice production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Apple Juice Exports

Exports from Slovakia

Apple juice exports from Slovakia surged to X tons in 2021, with an increase of 72% against the previous year. Overall, exports, however, saw a slight decline. The pace of growth was the most pronounced in 2020 when exports increased by 404%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, apple juice exports surged to $X in 2021. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 390% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for apple juice exports from Slovakia, accounting for a 86% share of total exports. Moreover, apple juice exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold. The third position in this ranking was held by Hungary (X tons), with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic stood at +25.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+182.7% per year) and Hungary (-31.5% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for apple juice (single strength) exports from Slovakia, comprising 85% of total exports. The second position in the ranking was taken by Poland ($X), with a 7.6% share of total exports. It was followed by Hungary, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic stood at +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+159.4% per year) and Hungary (-34.8% per year).

Export Prices by Country

The average apple juice export price stood at $X per ton in 2021, with an increase of 4.1% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 92%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and Hungary ($X per ton), while the average price for exports to Romania ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.3%), while the prices for the other major destinations experienced a decline.

Apple Juice Imports

Imports into Slovakia

In 2021, imports of apple juice (single strength) into Slovakia was estimated at X tons, increasing by 2.5% on the year before. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +86.7% against 2013 indices. The growth pace was the most rapid in 2015 with an increase of 18%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, apple juice imports skyrocketed to $X in 2021. Over the period under review, total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +101.7% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of 31%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main suppliers of apple juice imports to Slovakia, with a combined 72% share of total imports. Germany, Austria, the Netherlands, Italy and Belgium lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +195.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest apple juice suppliers to Slovakia were the Czech Republic ($X), Poland ($X) and Hungary ($X), with a combined 64% share of total imports. Austria, Germany, the Netherlands, Italy and Belgium lagged somewhat behind, together comprising a further 33%.

In terms of the main suppliers, Italy, with a CAGR of +131.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average apple juice import price stood at $X per ton in 2021, surging by 14% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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