Slovenia: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Slovenia

The Slovene market for crispbread, rusks and toasted bread fell to $X in 2022, which is down by -11.2% against the previous year. In general, consumption continues to indicate a perceptible decrease. Crispbread, rusk and toasted bread consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Crispbread, Rusks and Toasted Bread in Slovenia

In value terms, crispbread, rusk and toasted bread production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 5.3% against the previous year. Crispbread, rusk and toasted bread production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Slovenia

In 2022, overseas shipments of crispbread, rusks and toasted bread decreased by -9.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 131% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, crispbread, rusk and toasted bread exports reduced markedly to $X in 2022. In general, total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 97%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Croatia (X tons), Italy (X tons) and Austria (X tons) were the main destinations of crispbread, rusk and toasted bread exports from Slovenia, with a combined 92% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +7.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crispbread, rusk and toasted bread exported from Slovenia were Croatia ($X), Italy ($X) and Austria ($X), with a combined 91% share of total exports.

Austria, with a CAGR of +11.4%, recorded the highest rates of growth with regard to 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

In 2022, the average export price for crispbread, rusks and toasted bread amounted to $X per ton, reducing by -9.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bosnia and Herzegovina ($X per ton) and Italy ($X per ton), while the average price for exports to Austria ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Slovenia

In 2022, the amount of crispbread, rusks and toasted bread imported into Slovenia amounted to X tons, approximately mirroring the previous year's figure. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 56% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, crispbread, rusk and toasted bread imports rose markedly to $X in 2022. In general, imports saw strong growth. The growth pace was the most rapid in 2017 when imports increased by 40%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Italy (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of crispbread, rusk and toasted bread imports to Slovenia, with a combined 63% share of total imports. Germany, Hungary, Bulgaria, Croatia, Austria and Belgium lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +84.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of crispbread, rusks and toasted bread to Slovenia, comprising 38% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by Hungary, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.4% per year) and Hungary (+91.8% per year).

Import Prices by Country

In 2022, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, picking up by 7.1% against the previous year. In general, the import price, however, continues to indicate a slight descent. The growth pace was the most rapid in 2020 an increase of 14%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Bulgaria ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform