Slovenia: Fresh Pork Carcase Market 2024

Fresh Pork Carcase Market Size in Slovenia

In 2022, after four years of decline, there was significant growth in the Slovene fresh pork carcase market, when its value increased by 46% to $X. Overall, consumption, however, recorded a noticeable reduction. Fresh pork carcase consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fresh Pork Carcase Production in Slovenia

In value terms, fresh pork carcase production expanded slightly to $X in 2022 estimated in export price. In general, production saw a noticeable decline. The growth pace was the most rapid in 2020 with an increase of 5.9% against the previous year. Fresh pork carcase production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Fresh Pork Carcase Exports

Exports from Slovenia

After two years of growth, shipments abroad of fresh or chilled carcases of pig meat decreased by -97% to X tons in 2022. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 7,231% against the previous year. The exports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, fresh pork carcase exports contracted significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 4,709%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Croatia (X tons) was the main destination for fresh pork carcase exports from Slovenia, accounting for a 62% share of total exports. Moreover, fresh pork carcase exports to Croatia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia amounted to +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+19.5% per year) and Italy (+1.1% per year).

In value terms, Croatia ($X) remains the key foreign market for fresh or chilled carcases of pig meat exports from Slovenia, comprising 60% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Croatia amounted to +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+15.9% per year) and Italy (+2.2% per year).

Export Prices by Country

In 2022, the average fresh pork carcase export price amounted to $X per ton, rising by 41% against the previous year. In general, the export price, however, showed a mild contraction. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Italy (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Fresh Pork Carcase Imports

Imports into Slovenia

In 2022, overseas purchases of fresh or chilled carcases of pig meat increased by 11% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fresh pork carcase imports rose notably to $X in 2022. In general, imports, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 15%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Austria (X tons) and Hungary (X tons) were the main suppliers of fresh pork carcase imports to Slovenia, with a combined 75% share of total imports. Croatia, Italy and Germany lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +28.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh pork carcase suppliers to Slovenia were Belgium ($X), Austria ($X) and Croatia ($X), together accounting for 73% of total imports.

Among the main suppliers, Croatia, with a CAGR of +25.0%, recorded the highest growth rate of the value of imports, 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 fresh pork carcase import price amounted to $X per ton, with a decrease of -3.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 8.7%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Croatia ($X per ton), while the price for Hungary ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform