Slovakia: Brewing Dregs Market 2024

Brewing Dregs Market Size in Slovakia

The Slovak brewing dregs market reached $X in 2022, growing by 5.7% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Brewing Dregs Production in Slovakia

In value terms, brewing dregs production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,302%. Over the period under review, production attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Brewing Dregs Exports

Exports from Slovakia

After two years of decline, overseas shipments of brewing or distilling dregs and waste increased by 9.6% to X tons in 2022. In general, exports enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2017 with an increase of 50%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, brewing dregs exports skyrocketed to $X in 2022. Over the period under review, exports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Hungary (X tons), Italy (X tons) and Austria (X tons) were the main destinations of brewing dregs exports from Slovakia, with a combined 82% share of total exports. Germany, the Czech Republic, Croatia and Poland lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +41.5%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Austria ($X) and Hungary ($X) constituted the largest markets for brewing dregs exported from Slovakia worldwide, with a combined 77% share of total exports. Germany, the Czech Republic, Croatia and Poland lagged somewhat behind, together accounting for a further 21%.

Croatia, with a CAGR of +44.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average brewing dregs export price stood at $X per ton in 2022, picking up by 12% against the previous year. Over the period under review, the export price, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Croatia ($X per ton), while the average price for exports to Hungary ($X 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 Turkey (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Brewing Dregs Imports

Imports into Slovakia

Brewing dregs imports into Slovakia totaled X tons in 2022, picking up by 11% on 2021. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 295% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, brewing dregs imports skyrocketed to $X in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 233% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of brewing dregs to Slovakia, with a 44% share of total imports. Moreover, brewing dregs imports from Hungary exceeded the figures recorded by the second-largest supplier, Poland (X tons), sixfold. The third position in this ranking was held by the Czech Republic (X tons), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary amounted to +42.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.7% per year) and the Czech Republic (-1.5% per year).

In value terms, the largest brewing dregs suppliers to Slovakia were Hungary ($X), the Netherlands ($X) and Poland ($X), together comprising 64% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +890.0%, recorded the highest rates of growth with regard to 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 brewing dregs import price stood at $X per ton in 2022, rising by 7.5% against the previous year. In general, the import price showed a tangible increase. The most prominent rate of growth was recorded in 2021 an increase of 87% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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