Slovenia: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Slovenia

In 2022, the Slovene wheat and meslin flour market increased by 29% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a noticeable descent. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Wheat and Meslin Flour in Slovenia

In value terms, wheat and meslin flour production surged to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable slump. Wheat and meslin flour production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Wheat and Meslin Flour

Exports from Slovenia

Wheat and meslin flour exports from Slovenia fell to X tons in 2022, waning by -10.8% against the previous year. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 169%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, wheat and meslin flour exports soared to $X in 2022. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 129% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), Croatia (X tons) and Germany (X tons) were the main destinations of wheat and meslin flour exports from Slovenia, together accounting for 71% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +132.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheat and meslin flour exported from Slovenia were Croatia ($X), Thailand ($X) and Germany ($X), with a combined 68% share of total exports.

Among the main countries of destination, Germany, with a CAGR of +115.5%, saw 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

In 2022, the average wheat and meslin flour export price amounted to $X per ton, surging by 50% against the previous year. Over the period under review, export price indicated a moderate increase 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, wheat and meslin flour export price increased by +81.4% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Thailand ($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 Austria (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into Slovenia

In 2022, purchases abroad of wheat and meslin flour increased by 21% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.3% 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 +41.7% against 2020 indices. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, wheat and meslin flour imports surged to $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Austria (X tons) constituted the largest wheat and meslin flour supplier to Slovenia, with a 56% share of total imports. Moreover, wheat and meslin flour imports from Austria exceeded the figures recorded by the second-largest supplier, Croatia (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+18.7% per year) and Italy (-0.5% per year).

In value terms, Austria ($X) constituted the largest supplier of wheat and meslin flour to Slovenia, comprising 53% of total imports. The second position in the ranking was taken by Croatia ($X), with a 22% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+21.6% per year) and Italy (+5.0% per year).

Import Prices by Country

In 2022, the average wheat and meslin flour import price amounted to $X per ton, with an increase of 20% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat and meslin flour import price increased by +82.4% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 29%. Over the period under review, average import prices attained the maximum 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 ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform