Slovenia: Cream Fresh Market 2024

Cream Fresh Market Size in Slovenia

The Slovene cream fresh market shrank to $X in 2022, falling by -13.2% against the previous year. In general, consumption saw a mild decrease. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Cream Fresh Production in Slovenia

In value terms, cream fresh production shrank slightly to $X in 2022 estimated in export price. Overall, production showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 with an increase of 82%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Cream Fresh Exports

Exports from Slovenia

For the third consecutive year, Slovenia recorded growth in overseas shipments of cream fresh, which increased by 63% to X tons in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cream fresh exports surged to $X in 2022. In general, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Croatia (X tons) and Italy (X tons) were the main destinations of cream fresh exports from Slovenia, with a combined 95% share of total exports. Serbia and Austria lagged somewhat behind, together comprising a further 2.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +119.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Croatia ($X) and Italy ($X) were the largest markets for cream fresh exported from Slovenia worldwide, with a combined 95% share of total exports. Serbia and Austria lagged somewhat behind, together accounting for a further 2.4%.

Serbia, with a CAGR of +127.0%, recorded the highest growth rate of the value of exports, among 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

In 2022, the average cream fresh export price amounted to $X per ton, with an increase of 76% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price increased by +111.2% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Austria ($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 Germany (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports

Imports into Slovenia

In 2022, overseas purchases of cream fresh decreased by -26.9% to X tons, falling for the fifth consecutive year after three years of growth. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 73% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cream fresh imports declined markedly to $X in 2022. Over the period under review, imports, however, posted a strong expansion. The growth pace was the most rapid in 2017 when imports increased by 73%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of cream fresh imports to Slovenia, with a combined 75% share of total imports. Croatia, Poland, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +36.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cream fresh suppliers to Slovenia were Germany ($X), Austria ($X) and Italy ($X), together comprising 74% of total imports. Croatia, Poland, the Czech Republic and the Netherlands lagged somewhat behind, together comprising a further 22%.

The Netherlands, with a CAGR of +45.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cream fresh import price amounted to $X per ton, surging by 14% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh import price increased by +34.9% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform