Slovenia: Frozen Pork Carcase Market 2024

Frozen Pork Carcase Market Size in Slovenia

In 2022, the Slovene frozen pork carcase market increased by 61% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw strong growth. Frozen pork carcase consumption peaked in 2022 and is likely to see steady growth in the near future.

Frozen Pork Carcase Production in Slovenia

In value terms, frozen pork carcase production surged to $X in 2022 estimated in export price. Overall, production, however, faced a deep contraction. Frozen pork carcase production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Frozen Pork Carcase Exports

Exports from Slovenia

In 2022, overseas shipments of frozen carcases of pig meat decreased by -58.6% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 9,518%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen pork carcase exports dropped dramatically to $X in 2022. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 5,671%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Croatia (X tons) was the main destination for frozen pork carcase exports from Slovenia, accounting for a 76% share of total exports. Moreover, frozen pork carcase exports to Croatia exceeded the volume sent to the second major destination, Norway (X kg), fivefold. Austria (X kg) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to Croatia totaled +33.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+1.1% per year) and Austria (-31.1% per year).

In value terms, Croatia ($X) emerged as the key foreign market for frozen carcases of pig meat exports from Slovenia, comprising 67% of total exports. The second position in the ranking was held by Norway ($X), with a 19% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Croatia totaled +27.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+8.1% per year) and Austria (-26.5% per year).

Export Prices by Country

In 2022, the average frozen pork carcase export price amounted to $X per ton, surging by 7.7% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen pork carcase export price increased by +66.2% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 74% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Croatia ($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 Norway (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Pork Carcase Imports

Imports into Slovenia

In 2022, purchases abroad of frozen carcases of pig meat increased by 44% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of 73%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen pork carcase imports surged to $X in 2022. Overall, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 100%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Croatia (X tons) constituted the largest supplier of frozen pork carcase to Slovenia, with a 51% share of total imports. Moreover, frozen pork carcase imports from Croatia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Croatia stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.2% per year) and Germany (+15.2% per year).

In value terms, Croatia ($X) constituted the largest supplier of frozen carcases of pig meat to Slovenia, comprising 49% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Croatia stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.3% per year) and Germany (+21.0% per year).

Import Prices by Country

The average frozen pork carcase import price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen pork carcase import price decreased by -21.6% against 2020 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform