Report Update Nov 1, 2024

Slovakia - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Paddy Rice Market 2024

Paddy Rice Market Size in Slovakia

The Slovak paddy rice market reached $X in 2021, flattening at the previous year. In general, consumption, however, enjoyed a significant increase. Paddy rice consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Paddy Rice Production in Slovakia

In value terms, paddy rice production rose modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 7.4% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Paddy Rice Exports

Exports from Slovakia

In 2021, the amount of paddy rice exported from Slovakia surged to X tons, rising by 1,409% compared with 2020. In general, exports, however, recorded a precipitous decrease. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, paddy rice exports surged to $X in 2021. Overall, exports, however, faced a significant decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for paddy rice exports from Slovakia, with a 70% share of total exports. Moreover, paddy rice exports to Romania exceeded the volume sent to the second major destination, Hungary (X kg), threefold. The third position in this ranking was held by the Czech Republic (X kg), with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania amounted to +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-57.7% per year) and the Czech Republic (-14.9% per year).

In value terms, Romania ($X) remains the key foreign market for paddy rice exports from Slovakia, comprising 72% of total exports. The second position in the ranking was held by Hungary ($X), with a 21% share of total exports. It was followed by the Czech Republic, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value to Romania totaled +38.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-51.2% per year) and the Czech Republic (+4.3% per year).

Export Prices by Country

In 2021, the average paddy rice export price amounted to $X per ton, falling by -18% against the previous year. Overall, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 438% against the previous year. The export price peaked at $X per ton in 2020, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Paddy Rice Imports

Imports into Slovakia

In 2021, imports of paddy rice into Slovakia dropped to X tons, falling by -2% on the previous year. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 121%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, paddy rice imports shrank to $X in 2021. In general, imports, however, continue to indicate a moderate increase. The growth pace was the most rapid in 2013 with an increase of 107% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons) and Hungary (X tons) were the main suppliers of paddy rice imports to Slovakia.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +2.7%).

In value terms, the Czech Republic ($X) constituted the largest supplier of paddy rice to Slovakia, comprising 75% of total imports. The second position in the ranking was taken by Hungary ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic stood at +2.1%.

Import Prices by Country

In 2021, the average paddy rice import price amounted to $X per ton, flattening at the previous year. In general, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2017 an increase of 36%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per ton), while the price for Hungary totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice paddy in the world?

The countries with the highest volumes of rice paddy consumption in 2021 were China, India and Bangladesh, together accounting for 59% of global consumption.

What are the largest producers of rice paddy in the world?

The countries with the highest volumes of rice paddy production in 2021 were China, India and Bangladesh, with a combined 59% share of global production.

What are the leading suppliers of rice paddy to Slovakia?

In value terms, the Czech Republic constituted the largest supplier of rice paddy to Slovakia, comprising 76% of total imports. The second position in the ranking was occupied by Hungary, with a 20% share of total imports.

What are the leading importers of rice paddy from Slovakia?

In value terms, Romania remains the key foreign market for rice paddy exports from Slovakia, comprising 100% of total exports. The second position in the ranking was occupied by the UK $308), with a 0.4% share of total exports.

What is the average export price for rice paddy in Slovakia?

The average rice paddy export price stood at $1,937 per ton in 2021, dropping by -26.2% against the previous year.

What is the average import price for rice paddy in Slovakia?

The average rice paddy import price stood at $875 per ton in 2021, remaining constant against the previous year.

This report provides an in-depth analysis of the paddy rice 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 27 - Rice, paddy

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