Slovenia: Peanut Butter Market 2025

Peanut Butter Market Size in Slovenia

In 2022, the Slovene peanut butter market decreased by -7.6% to $X, falling for the second consecutive year after five years of growth. In general, consumption enjoyed a moderate expansion. Peanut butter consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Peanut Butter Production in Slovenia

In value terms, peanut butter production rose sharply to $X in 2022 estimated in export price. Over the period under review, production recorded buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 875%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Peanut Butter Exports

Exports from Slovenia

In 2022, the amount of peanut butter and prepared or preserved groundnuts exported from Slovenia surged to X tons, jumping by 40% on 2021 figures. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 443%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, peanut butter exports rose to $X in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 365% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for peanut butter exports from Slovenia, with a 58% share of total exports. Moreover, peanut butter exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), threefold. Croatia (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +128.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+281.3% per year) and Croatia (+27.7% per year).

In value terms, Germany ($X), Austria ($X) and Croatia ($X) were the largest markets for peanut butter exported from Slovenia worldwide, together comprising 79% of total exports.

Among the main countries of destination, Austria, with a CAGR of +276.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average peanut butter export price stood at $X per ton in 2022, waning by -26.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 38%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($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 Bosnia and Herzegovina (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into Slovenia

In 2022, approx. X tons of peanut butter and prepared or preserved groundnuts were imported into Slovenia; increasing by 9.5% against the year before. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% 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 when imports increased by 17%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, peanut butter imports dropped slightly to $X in 2022. Overall, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +1.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of peanut butter imports to Slovenia, with a combined 61% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +76.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Italy ($X) appeared to be the largest peanut butter suppliers to Slovenia, together comprising 59% of total imports.

Poland, with a CAGR of +62.4%, saw the highest growth rate of the value of imports, in terms of 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 peanut butter import price amounted to $X per ton, dropping by -12.7% against the previous year. In general, the import price saw a noticeable descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 9.7%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform