Slovenia: Cereal Flour Market 2024

Cereal Flour Market Size in Slovenia

In 2022, the Slovene cereal flour market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a noticeable curtailment. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cereal Flour Production in Slovenia

In value terms, cereal flour production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced decline. Cereal flour production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Cereal Flour Exports

Exports from Slovenia

In 2022, approx. X tons of cereal flours were exported from Slovenia; which is down by X% compared with the previous year. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, cereal flour exports surged to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons) was the main destination for cereal flour exports from Slovenia, with a X% share of total exports. Moreover, cereal flour exports to Italy exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was taken by Croatia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Croatia (X% per year).

In value terms, the largest markets for cereal flour exported from Slovenia were Italy ($X), Croatia ($X) and Thailand ($X), together accounting for X% of total exports. Germany, Austria, Serbia, Bosnia and Herzegovina and Bulgaria lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average cereal flour export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Flour Imports

Imports into Slovenia

In 2022, the amount of cereal flours imported into Slovenia dropped slightly to X tons, waning by X% compared with the previous year. In general, imports, however, posted notable growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, cereal flour imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), Croatia (X tons) and Serbia (X tons) were the main suppliers of cereal flour imports to Slovenia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of cereal flours to Slovenia, comprising X% of total imports. The second position in the ranking was taken by Croatia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average cereal flour import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated pronounced 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, cereal flour import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform