Slovakia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Slovakia

The Slovak mixes and doughs market dropped remarkably to $X in 2022, reducing by -25.4% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Mixes and doughs consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Mixes And Doughs Production in Slovakia

In value terms, mixes and doughs production fell sharply to $X in 2022 estimated in export price. Overall, production, however, saw strong growth. The growth pace was the most rapid in 2021 when the production volume increased by 101%. As a result, production attained the peak level of $X, and then reduced markedly in the following year.

Mixes And Doughs Exports

Exports from Slovakia

After five years of growth, overseas shipments of mixes and doughs decreased by -28.5% to X tons in 2022. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 276% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted dramatically in the following year.

In value terms, mixes and doughs exports fell to $X in 2022. Overall, exports, however, saw resilient growth. The growth pace was the most rapid in 2020 with an increase of 284% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Poland (X tons) was the main destination for mixes and doughs exports from Slovakia, with a 90% share of total exports. Moreover, mixes and doughs exports to Poland exceeded the volume sent to the second major destination, the Czech Republic (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +123.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-12.7% per year) and Hungary (+15.0% per year).

In value terms, Poland ($X) remains the key foreign market for mixes and doughs exports from Slovakia, comprising 87% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 5.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Poland stood at +126.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-11.0% per year) and Hungary (+19.3% per year).

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, picking up by 21% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Hungary ($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 Hungary (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Slovakia

Mixes and doughs imports into Slovakia contracted markedly to X tons in 2022, waning by -28.4% compared with the year before. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 32% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mixes and doughs imports dropped dramatically to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 39%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of mixes and doughs imports to Slovakia, together comprising 66% of total imports. Belgium, Poland, Hungary and France lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +12.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixes and doughs suppliers to Slovakia were Germany ($X), the Czech Republic ($X) and Austria ($X), together accounting for 64% of total imports. Belgium, Poland, Hungary and France lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, Poland, with a CAGR of +16.2%, 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 mixes and doughs import price stood at $X per ton in 2022, surging by 6.8% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mixes and doughs import price increased by +11.6% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 41% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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