Slovakia: Oil Crops Market 2025

Oil Crops Market Size in Slovakia

The Slovak oil crops market contracted slightly to $X in 2022, waning by X% against the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Oil Crops Production in Slovakia

In value terms, oil crops production amounted to $X in 2022 estimated in export price. Overall, production showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Oil crops production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of oil crops (primary) in Slovakia amounted to X tons per ha in 2022, with an increase of X% on the previous year. In general, the yield, however, showed a perceptible slump. The pace of growth was the most pronounced in 2016 when the yield increased by X%. Over the period under review, the average oil crops yield reached the peak level at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The oil crops harvested area in Slovakia reduced to X ha in 2022, waning by X% on 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. The oil crops harvested area peaked at X ha in 2021, and then fell in the following year.

Oil Crops Exports

Exports from Slovakia

In 2022, shipments abroad of oil crops (primary) increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a noticeable reduction. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, oil crops exports skyrocketed to $X in 2022. Overall, exports, however, recorded a perceptible setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main destinations of oil crops exports from Slovakia, with a combined X% share of total exports. Austria, Poland and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oil crops exported from Slovakia were the Czech Republic ($X), Germany ($X) and Hungary ($X), with a combined X% share of total exports. Poland, Austria and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Romania, 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 oil crops export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a slight slump. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Romania ($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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

Oil Crops Imports

Imports into Slovakia

In 2022, overseas purchases of oil crops (primary) increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, oil crops imports skyrocketed to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest oil crops supplier to Slovakia, accounting for a X% share of total imports. Moreover, oil crops imports from Ukraine exceeded the figures recorded by the second-largest supplier, Hungary (X tons), more than tenfold. The third position in this ranking was held by the Czech Republic (X tons), with a X% share.

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

In value terms, Ukraine ($X) constituted the largest supplier of oil crops (primary) to Slovakia, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with an X% share of total imports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average oil crops import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Hungary ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :