Slovenia: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in Slovenia

In 2022, after five years of growth, there was decline in the Slovene preserved sweet corn market, when its value decreased by -1.9% to $X. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Preserved Sweet Corn Exports

Exports from Slovenia

Preserved sweet corn exports from Slovenia reduced rapidly to X tons in 2022, declining by -38.7% compared with 2021 figures. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 450% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, preserved sweet corn exports reduced notably to $X in 2022. Overall, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 498% against the previous year. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Croatia (X tons) was the main destination for preserved sweet corn exports from Slovenia, accounting for a 61% share of total exports. Moreover, preserved sweet corn exports to Croatia exceeded the volume sent to the second major destination, Hungary (X tons), twofold. Austria (X tons) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume to Croatia totaled +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+388.7% per year) and Austria (+86.5% per year).

In value terms, Croatia ($X) remains the key foreign market for sweet corn prepared or preserved exports from Slovenia, comprising 60% of total exports. The second position in the ranking was taken by Hungary ($X), with a 26% share of total exports. It was followed by Slovakia, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value to Croatia stood at +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+263.6% per year) and Slovakia (0.0% per year).

Export Prices by Country

The average preserved sweet corn export price stood at $X per ton in 2022, which is down by -1.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to Italy ($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 Montenegro (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports into Slovenia

In 2022, approx. X tons of sweet corn prepared or preserved were imported into Slovenia; waning by -5.5% on 2021. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, preserved sweet corn imports dropped to $X in 2022. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +56.1% against 2016 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $X, and then reduced modestly in the following year.

Imports by Country

In 2022, Hungary (X tons) constituted the largest preserved sweet corn supplier to Slovenia, with a 48% share of total imports. Moreover, preserved sweet corn imports from Hungary exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. France (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.0% per year) and France (+32.9% per year).

In value terms, Hungary ($X) constituted the largest supplier of sweet corn prepared or preserved to Slovenia, comprising 51% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from Hungary stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.1% per year) and France (+28.5% per year).

Import Prices by Country

In 2022, the average preserved sweet corn import price amounted to $X per ton, growing by 2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2020 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform