Slovenia: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Slovenia

In 2022, after two years of decline, there was significant growth in the Slovene market for fresh or chilled pig meat other than cuts or carcases, when its value increased by 49% to $X. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Slovenia

In value terms, production of fresh or chilled pig meat other than cuts or carcases fell to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports from Slovenia

In 2022, overseas shipments of fresh or chilled pig meat other than cuts or carcases decreased by -88% to X tons for the first time since 2011, thus ending a ten-year rising trend. Overall, exports, however, showed strong growth. The growth pace was the most rapid in 2020 when exports increased by 199%. Over the period under review, the exports of hit record highs at X tons in 2021, and then reduced rapidly in the following year.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases shrank sharply to $X in 2022. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2020 with an increase of 143% against the previous year. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Croatia (X tons) was the main destination for exports of fresh or chilled pig meat other than cuts or carcases from Slovenia, accounting for a 61% share of total exports. Moreover, exports of fresh or chilled pig meat other than cuts or carcases to Croatia exceeded the volume sent to the second major destination, Italy (X tons), fivefold. The third position in this ranking was taken by Austria (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia amounted to +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+9.1% per year) and Austria (+25.1% per year).

In value terms, Croatia ($X) remains the key foreign market for fresh or chilled pig meat other than cuts or carcases exports from Slovenia, comprising 54% of total exports. The second position in the ranking was held by Italy ($X), with a 22% share of total exports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Croatia totaled +25.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.0% per year) and the Netherlands (+28.1% per year).

Export Prices by Country

In 2022, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, rising by 53% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Hungary ($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 (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports into Slovenia

In 2022, approx. X tons of fresh or chilled pig meat other than cuts or carcases were imported into Slovenia; almost unchanged from 2021. The total import volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 16% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases rose sharply to $X in 2022. The total import value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 26%. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X tons), Austria (X tons) and Germany (X tons) were the main suppliers of imports of fresh or chilled pig meat other than cuts or carcases to Slovenia, with a combined 75% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +34.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh pork other than cuts or carcases suppliers to Slovenia were Spain ($X), Austria ($X) and Germany ($X), together accounting for 73% of total imports.

Spain, with a CAGR of +32.7%, saw 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 import price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, growing by 7.9% against the previous year. Over the period under review, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2019 an increase of 11% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Croatia ($X per ton) and Hungary ($X per ton), while the price for Belgium ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform