Slovakia: Sorghum Market 2025

Sorghum Market Size in Slovakia

In 2022, the Slovak sorghum market decreased by -27.7% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, enjoyed a strong expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sorghum Production in Slovakia

In value terms, sorghum production soared to $X in 2022 estimated in export price. Overall, production, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 198%. Sorghum production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average sorghum yield in Slovakia expanded sharply to X tons per ha, picking up by 8.7% against the previous year's figure. In general, the yield posted strong growth. The most prominent rate of growth was recorded in 2020 when the yield increased by 46%. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average sorghum yield remained 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.

In 2022, the harvested area of sorghum in Slovakia declined notably to X ha, falling by -24.4% against the previous year's figure. Over the period under review, the harvested area, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 183%. Over the period under review, the harvested area dedicated to sorghum production attained the peak figure at X ha in 2021, and then declined notably in the following year.

Sorghum Exports

Exports from Slovakia

In 2022, exports of sorghum from Slovakia skyrocketed to X tons, with an increase of 94% against 2021 figures. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 211%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, sorghum exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 231% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for sorghum exports from Slovakia, accounting for a 61% share of total exports. Moreover, sorghum exports to Poland exceeded the volume sent to the second major destination, Italy (X tons), fourfold. The third position in this ranking was taken by Austria (X tons), with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume to Poland amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+510.9% per year) and Austria (+130.5% per year).

In value terms, Poland ($X) remains the key foreign market for sorghum exports from Slovakia, comprising 55% of total exports. The second position in the ranking was held by Italy ($X), with a 17% share of total exports. It was followed by Austria, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+489.7% per year) and Austria (+52.4% per year).

Export Prices by Country

The average sorghum export price stood at $X per ton in 2022, picking up by 17% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 37% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Poland ($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 the Netherlands (+50.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sorghum Imports

Imports into Slovakia

In 2022, overseas purchases of sorghum decreased by -55% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 331%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, sorghum imports declined markedly to $X in 2022. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 136%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Hungary (X tons) constituted the largest sorghum supplier to Slovakia, with a 84% share of total imports. Moreover, sorghum imports from Hungary exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled +68.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+16.8% per year) and Germany (+8.0% per year).

In value terms, the largest sorghum suppliers to Slovakia were France ($X), Hungary ($X) and Germany ($X), with a combined 97% share of total imports.

Hungary, with a CAGR of +49.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sorghum import price stood at $X per ton in 2022, growing by 35% against the previous year. Overall, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 66% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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