Slovenia: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Slovenia

The Slovene animal or vegetable fertilisers market skyrocketed to $X in 2022, jumping by X% 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, however, saw a mild descent. Animal or vegetable fertilisers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports from Slovenia

After three years of growth, overseas shipments of animal or vegetable fertilisers decreased by X% to X tons in 2022. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, animal or vegetable fertilisers exports rose modestly to $X in 2022. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons), Serbia (X tons) and Croatia (X tons) were the main destinations of animal or vegetable fertilisers exports from Slovenia, with a combined X% share of total exports. Kosovo, Montenegro, Romania and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kosovo (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Croatia ($X), Bosnia and Herzegovina ($X) and Serbia ($X) were the largest markets for animal or vegetable fertilisers exported from Slovenia worldwide, together comprising X% of total exports. Montenegro, Kosovo, Romania and Italy lagged somewhat behind, together accounting for a further X%.

Kosovo, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average animal or vegetable fertilisers export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal or vegetable fertilisers export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Kosovo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports into Slovenia

In 2022, purchases abroad of animal or vegetable fertilisers increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, animal or vegetable fertilisers imports surged to $X in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest animal or vegetable fertilisers supplier to Slovenia, accounting for a X% share of total imports. Moreover, animal or vegetable fertilisers imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X) constituted the largest supplier of animal or vegetable fertilisers to Slovenia, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average animal or vegetable fertilisers import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal or vegetable fertilisers import price increased by X% against 2018 indices. The growth pace was the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Italy ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform