Slovakia - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Price in Slovakia - 2023
Contents:
- Almond Price in Slovakia (CIF) - 2022
- Almond Price in Slovakia (FOB) - 2022
- Almond Imports in Slovakia
- Almond Exports in Slovakia
Almond Price in Slovakia (CIF) - 2022
In 2022, the average almond import price amounted to $4,523 per ton, shrinking by -12.9% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price 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, almond import price decreased by -36.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs at $7,238 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($17,684 per ton), while the price for Germany ($4,315 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Almond Price in Slovakia (FOB) - 2022
The average almond export price stood at $10,240 per ton in 2022, with an increase of 48% against the previous year. Over the period under review, the export price posted strong growth. The growth pace was the most rapid in 2019 when the average export price increased by 99%. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Czech Republic.
From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +13.0% per year.
Almond Imports in Slovakia
In 2022, the amount of almonds imported into Slovakia soared to 141 tons, with an increase of 67% against the year before. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 74% against the previous year. As a result, imports reached the peak of 143 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, almond imports surged to $638K in 2022. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 91% against the previous year. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Almond in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.2 | 550 | 160 | 442 | 616.8% |
| Netherlands | N/A | 50.4 | 99.8 | 124 | 56.9% |
| Spain | 47.0 | 15.1 | 93.7 | 47.4 | 0.3% |
| Czech Republic | 321 | 240 | 76.0 | 22.1 | -59.0% |
| Kenya | 23.7 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | 141 | N/A | N/A | 0% |
| Italy | 34.8 | 21.0 | 1.1 | N/A | -82.2% |
| United States | 55.2 | N/A | N/A | N/A | 0% |
| Others | 50.0 | 1.6 | 8.8 | 3.0 | -60.9% |
| Total | 533 | 1,019 | 439 | 638 | 6.2% |
Top Suppliers of Almond to Slovakia in 2022:
- Germany (102.4 tons)
- Netherlands (25.1 tons)
- Spain (10.0 tons)
- Czech Republic (3.4 tons)
Almond Exports in Slovakia
In 2022, overseas shipments of almonds decreased by -97.7% to 25 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. As a result, the exports reached the peak of 3.8 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, almond exports contracted markedly to $256 in 2022. Overall, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Almond in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.7 | 6.3 | 7.3 | 0.3 | -24.6% |
| Austria | 22.3 | 20.3 | N/A | N/A | -9.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 23.0 | 26.6 | 7.4 | 0.3 | -76.5% |
Top Export Markets for Almond from Slovakia in 2022:
- Czech Republic (25.0 kg)
This report provides an in-depth analysis of the almond market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 221 - Almonds
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From 2007 to 2016, the value of the global almond market showed a stable dynamic trend. However, in 2016, the value of the the global almond market dropped to X billion USD. One of the main reasons for this can be explained by the favourable weather
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