Slovakia: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Slovakia

In 2021, the Slovak uncooked pasta market decreased by -10.6% to $X for the first time since 2017, thus ending a three-year rising trend. The market value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Uncooked Pasta Production in Slovakia

In value terms, uncooked pasta production declined to $X in 2021 estimated in export price. In general, production saw a noticeable curtailment. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. Uncooked pasta production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Uncooked Pasta Exports

Exports from Slovakia

In 2021, shipments abroad of uncooked pasta increased by 300% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, uncooked pasta exports surged to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Poland (X tons) were the main destinations of uncooked pasta exports from Slovakia, together comprising 83% of total exports. These countries were followed by Austria, the UK, Germany and Latvia, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +88.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for uncooked pasta exported from Slovakia were the Czech Republic ($X), Hungary ($X) and Poland ($X), with a combined 80% share of total exports. Austria, Germany, the UK and Latvia lagged somewhat behind, together comprising a further 15%.

In terms of the main countries of destination, Austria, with a CAGR of +73.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average uncooked pasta export price amounted to $X per ton, with an increase of 7.9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 17%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Latvia ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into Slovakia

In 2021, purchases abroad of uncooked pasta decreased by -11.4% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, uncooked pasta imports reached $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 16%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and Hungary (X tons) were the main suppliers of uncooked pasta imports to Slovakia, with a combined 79% share of total imports. These countries were followed by Germany, Poland, Spain and China, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +75.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest uncooked pasta suppliers to Slovakia were the Czech Republic ($X), Italy ($X) and Hungary ($X), with a combined 73% share of total imports. These countries were followed by Germany, Poland, Spain and China, which together accounted for a further 22%.

In terms of the main suppliers, China, with a CAGR of +74.4%, 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 uncooked pasta import price stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +6.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 20% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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