Slovakia: Preserved Pork Market 2021

Preserved Pork Market Size in Slovakia

The Slovak preserved pork market expanded modestly to $X in 2020, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Preserved Pork Production in Slovakia

In value terms, preserved pork production declined slightly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a modest expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2008 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

Preserved Pork Exports

Exports from Slovakia

In 2020, overseas shipments of pig meat salted (salted, in brine, dried or smoked) decreased by -X% to X tons, falling for the third consecutive year after three years of growth. Overall, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved pork exports shrank rapidly to $X in 2020. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2019, and then reduced markedly in the following year.

Exports by Country

The Czech Republic (X tons) was the main destination for preserved pork exports from Slovakia, accounting for a X% share of total exports. Moreover, preserved pork exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was occupied by the UK (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Czech Republic stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-X% per year) and the UK (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to the Czech Republic amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-X% per year) and the UK (+X% per year).

Export Prices by Country

In 2020, the average preserved pork export price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, export price indicated notable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved pork export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Pork Imports

Imports into Slovakia

In 2020, supplies from abroad of pig meat salted (salted, in brine, dried or smoked) increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to continue growth in the near future.

In value terms, preserved pork imports rose remarkably to $X in 2020. Over the period under review, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the near future.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of preserved pork imports to Slovakia, together comprising X% of total imports. Italy, Poland, Hungary and Austria lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Poland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved pork suppliers to Slovakia were Germany ($X), the Czech Republic ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by Spain, Austria, Poland and Hungary, which together accounted for a further X the main suppliers, Poland saw 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

In 2020, the average preserved pork import price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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