Broken Rice Price in Slovakia - 2023
Contents:
- Broken Rice Price in Slovakia (CIF) - 2022
- Broken Rice Price in Slovakia (FOB) - 2022
- Broken Rice Imports in Slovakia
- Broken Rice Exports in Slovakia
Broken Rice Price in Slovakia (CIF) - 2022
The average broken rice import price stood at $1,780 per ton in 2022, jumping by 37% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 61% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($2,304 per ton), while the price for Italy totaled $1,696 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7,632.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Price in Slovakia (FOB) - 2022
The average broken rice export price stood at $1,229 per ton in 2022, increasing by 4.5% against the previous year. Overall, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 133% against the previous year. Over the period under review, the average export prices reached the maximum at $1,288 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Poland amounted to +10.1% per year.
Broken Rice Imports in Slovakia
In 2022, overseas purchases of broken rice decreased by -87.8% to 5.9 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. As a result, imports reached the peak of 987 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, broken rice imports contracted dramatically to $10K in 2022. Overall, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 59% 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 Broken Rice in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 160 | 538 | N/A | 8.6 | -62.3% |
| Czech Republic | 388 | 369 | 34.6 | 1.8 | -83.3% |
| Greece | 13.5 | N/A | 11.7 | N/A | -6.9% |
| Austria | N/A | 108 | 15.9 | N/A | -85.3% |
| Myanmar | 32.1 | N/A | N/A | N/A | 0% |
| Others | 50.1 | 9.6 | N/A | N/A | -80.8% |
| Total | 643 | 1,025 | 62.1 | 10.4 | -74.7% |
Top Suppliers of Broken Rice to Slovakia in 2022:
- Italy (5.0 tons)
- Czech Republic (0.8 tons)
Broken Rice Exports in Slovakia
After two years of decline, shipments abroad of broken rice increased by 94% to 31 tons in 2022. Overall, exports, however, continue to indicate a sharp shrinkage.
In value terms, broken rice exports soared to $37K in 2022. Over the period under review, exports, however, saw a dramatic shrinkage.
| Export of Broken Rice in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 12.9 | 40.0 | 18.4 | 37.5 | 42.7% |
| Austria | 568 | 352 | N/A | N/A | -38.0% |
| Others | 10.8 | 2.6 | 0.1 | N/A | -90.4% |
| Total | 591 | 394 | 18.5 | 37.5 | -60.1% |
Top Export Markets for Broken Rice from Slovakia in 2022:
- Czech Republic (30.5 tons)
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