Slovakia: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Slovakia

The Slovak market for processed cheese (excluding grated or powdered) totaled $X in 2020, rising by X% against the previous year. Overall, consumption, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in years to come.

Production of Processed cheese (excluding grated or powdered) in Slovakia

In value terms, production of processed cheese (excluding grated or powdered) expanded sharply to $X in 2020 estimated in export prices. In general, production enjoyed strong growth. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. Production peaked in 2020 and is likely to continue growth in years to come.

Exports of Processed cheese (excluding grated or powdered)

Exports from Slovakia

In 2020, shipments abroad of processed cheese (excluding grated or powdered) was finally on the rise to reach X tons after four years of decline. In general, exports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. From 2013 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) totaled $X in 2020. Overall, exports, however, continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Belgium (X tons), the Czech Republic (X tons) and France (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Slovakia, with a combined X% share of total exports. These countries were followed by Romania, Hungary, Australia and Bulgaria, which together accounted for a further X 2007 to 2020, the biggest increases were in Romania, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for processed cheese (excluding grated or powdered) exported from Slovakia were Belgium ($X), the Czech Republic ($X) and France ($X), with a combined X% share of total exports. Romania, Hungary, Australia and Bulgaria lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Romania saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the export price continues to indicate a slight descent. The growth pace was the most rapid in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to France ($X per ton) and Bulgaria ($X per ton), while the average price for exports to Australia ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Imports of Processed cheese (excluding grated or powdered)

Imports into Slovakia

In 2020, approx. X tons of processed cheese (excluding grated or powdered) were imported into Slovakia; which is down by -X% on the previous year. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at X tons in 2019, and then fell dramatically in the following year.

In value terms, imports of processed cheese (excluding grated or powdered) contracted to $X in 2020. In general, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2014 to 2020, the growth of imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Slovakia, with a combined X% share of total imports. Austria lagged somewhat behind, comprising a further X 2007 to 2020, the biggest increases were in Austria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Germany ($X) appeared to be the largest processed cheese (excluding grated or powdered) suppliers to Slovakia, with a combined X% share of total imports. These countries were followed by Austria, which accounted for a further X the main suppliers, Austria (+X% per year) saw 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 import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. As a result, import price reached the peak level of $X per ton. From 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from the Czech Republic ($X per ton) and Austria ($X per ton), while the price for Poland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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