Slovenia: Cereal Market 2024

Cereal Market Size in Slovenia

In 2022, the Slovene cereal market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cereal Production in Slovenia

In value terms, cereal production reduced to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

In 2022, the average yield of cereals in Slovenia rose sharply to X tons per ha, growing by X% on the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the yield increased by X%. Over the period under review, the average cereal yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cereals were harvested in Slovenia; approximately reflecting 2021. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then declined in the following year.

Cereal Exports

Exports from Slovenia

In 2022, after five years of growth, there was significant decline in overseas shipments of cereals, when their volume decreased by X% to X tons. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, cereal exports surged to $X in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Italy (X tons) was the main destination for cereal exports from Slovenia, with a X% share of total exports. It was followed by Austria (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to X%.

In value terms, Italy ($X) remains the key foreign market for cereals exports from Slovenia, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy totaled X%.

Export Prices by Country

In 2022, the average cereal export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a notable 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, cereal export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Austria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%).

Cereal Imports

Imports into Slovenia

For the third consecutive year, Slovenia recorded growth in purchases abroad of cereals, which increased by X% to X tons in 2022. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cereal imports surged to $X in 2022. Overall, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Serbia (X tons) constituted the largest supplier of cereal to Slovenia, with a X% share of total imports. Moreover, cereal imports from Serbia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), threefold. The third position in this ranking was taken by Croatia (X tons), with a X% share.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value from Serbia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Croatia (X% per year).

Import Prices by Country

In 2022, the average cereal import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated slight 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 import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform