Report Update Nov 1, 2024

Slovakia - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Carob Market 2024

Carob Market Size in Slovakia

In 2021, the Slovak carob market increased by 127% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate a significant expansion. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the near future.

Carob Exports

Exports from Slovakia

In 2021, the amount of carob exported from Slovakia stood at X tons, remaining relatively unchanged against 2020. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 125%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, carob exports totaled $X in 2021. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of 126%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The Czech Republic (X tons) was the main destination for carob exports from Slovakia, accounting for a approx. 100% share of total exports.

From 2015 to 2021, the average annual rate of growth in terms of volume to the Czech Republic was relatively modest.

From 2015 to 2021, the average annual rate of growth in terms of value to the Czech Republic was relatively modest.

Export Prices by Country

The average carob export price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 0.3%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2015 to 2021, the rate of growth in terms of prices for Austria amounted to -17.6% per year.

Carob Imports

Imports into Slovakia

In 2021, approx. X tons of carob were imported into Slovakia; with an increase of 121% compared with the previous year. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 when imports increased by 3,338%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, carob imports skyrocketed to $X in 2021. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 7,140% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Morocco (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of carob imports to Slovakia, together comprising 94% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +179.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X) constituted the largest supplier of carob to Slovakia, comprising 66% of total imports. The second position in the ranking was held by Austria ($X), with a 15% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Morocco was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+173.5% per year) and Germany (+156.8% per year).

Import Prices by Country

In 2021, the average carob import price amounted to $X per ton, increasing by 36% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by 111% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Morocco ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in the world?

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, together accounting for 51% of global consumption. These countries were followed by Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt, which together accounted for a further 40%.

What are the largest producers of carob in the world?

The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, with a combined 57% share of global production. These countries were followed by Turkey, Spain, Greece, Cyprus and Algeria, which together accounted for a further 36%.

What are the leading suppliers of carob to Slovakia?

In value terms, Austria constituted the largest supplier of carob to Slovakia, comprising 77% of total imports. The second position in the ranking was occupied by Spain, with a 11% share of total imports.

What are the leading importers of carob from Slovakia?

In value terms, Italy and the Netherlands appeared to be the largest markets for carob exported from Slovakia worldwide. Moreover, carob exports in Italy exceeded the figures recorded by the second-largest exporter, the Netherlands, threefold.

What is the average export price for carob in Slovakia?

The average carob export price stood at $0 per ton in 2020, with a decrease of -100% against the previous year.

What is the average import price for carob in Slovakia?

In 2020, the average carob import price amounted to $2,048 per ton, shrinking by -29.1% against the previous year.

This report provides an in-depth analysis of the carob 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 461 - Carobs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023