Slovakia: Temporarily Preserved Vegetable Market 2024

Temporarily Preserved Vegetable Market Size in Slovakia

The Slovak temporarily preserved vegetable market dropped to $X in 2022, waning by -12.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a mild decline. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Temporarily Preserved Vegetable Exports

Exports from Slovakia

In 2022, temporarily preserved vegetable exports from Slovakia skyrocketed to X tons, growing by 1,370% against the previous year's figure. In general, exports recorded significant growth. The growth pace was the most rapid in 2019 when exports increased by 2,119%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, temporarily preserved vegetable exports skyrocketed to $X in 2022. Overall, exports enjoyed prominent growth. The growth pace was the most rapid in 2019 with an increase of 1,498%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Poland (X tons) was the main destination for temporarily preserved vegetable exports from Slovakia, accounting for a 99% share of total exports. It was followed by the Czech Republic (X tons), with a 1.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +96.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-15.4% per year) and Hungary (-53.3% per year).

In value terms, Poland ($X) emerged as the key foreign market for vegetables (temporarily preserved) exports from Slovakia, comprising 95% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 4.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled +80.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-13.3% per year) and Hungary (-55.8% per year).

Export Prices by Country

The average temporarily preserved vegetable export price stood at $X per ton in 2022, falling by -62.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 58% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Poland ($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 Czech Republic (+2.5%), while the prices for the other major destinations experienced a decline.

Temporarily Preserved Vegetable Imports

Imports into Slovakia

In 2022, approx. X tons of vegetables (temporarily preserved) were imported into Slovakia; surging by 10% compared with the previous year's figure. In general, imports posted a temperate increase. The most prominent rate of growth was recorded in 2017 when imports increased by 89%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, temporarily preserved vegetable imports surged to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 62%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of temporarily preserved vegetable to Slovakia, accounting for a 63% share of total imports. Moreover, temporarily preserved vegetable imports from Poland exceeded the figures recorded by the second-largest supplier, Spain (X tons), sixfold. Italy (X tons) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at +24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.9% per year) and Italy (+25.0% per year).

In value terms, Poland ($X), Italy ($X) and Spain ($X) constituted the largest temporarily preserved vegetable suppliers to Slovakia, together accounting for 55% of total imports.

Italy, with a CAGR of +16.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average temporarily preserved vegetable import price stood at $X per ton in 2022, rising by 10% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of 20% against the previous year. 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 Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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