Slovakia: Pesticide Market 2024

Pesticide Market Size in Slovakia

The Slovak pesticide market was estimated at $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pesticide Production in Slovakia

In value terms, pesticide production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pesticide Exports

Exports from Slovakia

In 2022, the amount of pesticides exported from Slovakia soared to X tons, increasing by X% compared with the previous year. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, pesticide exports dropped slightly to $X in 2022. Over the period under review, total exports indicated a prominent 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. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Poland (X tons) was the main destination for pesticide exports from Slovakia, with a X% share of total exports. Moreover, pesticide exports to Poland exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was taken by France (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and France (X% per year).

In value terms, Poland ($X) remains the key foreign market for pesticides exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

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

Export Prices by Country

The average pesticide export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Romania ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pesticide Imports

Imports into Slovakia

In 2022, supplies from abroad of pesticides decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a buoyant increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pesticide imports expanded to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest supplier of pesticide to Slovakia, accounting for a X% share of total imports. Moreover, pesticide imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, France ($X), the Czech Republic ($X) and Poland ($X) appeared to be the largest pesticide suppliers to Slovakia, together accounting for X% of total imports.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest growth rate of 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 pesticide import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the price for Italy ($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

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