Slovakia - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Slovakia - 2023
Contents:
- Glucose Price in Slovakia (FOB) - 2022
- Glucose Price in Slovakia (CIF) - 2023
- Glucose Exports in Slovakia
- Glucose Imports in Slovakia
Glucose Price in Slovakia (FOB) - 2022
In 2022, the average glucose export price amounted to $528 per ton, growing by 48% against the previous year. Over the period under review, the export price, however, showed a slight descent. The export price peaked at $614 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,133 per ton), while the average price for exports to Austria ($402 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 the Netherlands (+2.0%), while the prices for the other major destinations experienced a decline.
Glucose Price in Slovakia (CIF) - 2023
The average glucose import price stood at $971 per ton in September 2023, surging by 1.9% against the previous month. In general, import price indicated a buoyant increase from September 2022 to September 2023: its price increased at an average monthly rate of +6.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glucose import price increased by +9.0% against July 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 44% against the previous month. The import price peaked at $1,082 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Czech Republic ($3,650 per ton), while the price for Bulgaria ($808 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Exports in Slovakia
In 2022, approx. 115K tons of glucose and glucose syrup were exported from Slovakia; shrinking by -13% on 2021 figures. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year.
In value terms, glucose exports skyrocketed to $61M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glucose in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 12.7 | 9.5 | 15.4 | 15.5 | 6.9% |
| Poland | 15.4 | 12.7 | 13.0 | 13.7 | -3.8% |
| Germany | 8.3 | 8.9 | 7.4 | 12.3 | 14.0% |
| Netherlands | 5.5 | 3.5 | 2.6 | 4.1 | -9.3% |
| Austria | 0.7 | 0.1 | 0.2 | 3.0 | 62.4% |
| Lithuania | 0.6 | 0.4 | 1.1 | 1.2 | 26.0% |
| Estonia | 0.2 | N/A | 0.5 | 0.9 | 65.1% |
| Others | 5.1 | 8.9 | 6.9 | 10.1 | 25.6% |
| Total | 48.4 | 44.0 | 47.0 | 60.8 | 7.9% |
Top Export Markets for Glucose from Slovakia in 2022:
- Czech Republic (34.8K tons)
- Poland (29.9K tons)
- Germany (22.9K tons)
- Austria (7.3K tons)
- Netherlands (3.6K tons)
- Lithuania (2.8K tons)
- Estonia (1.9K tons)
Glucose Imports in Slovakia
For the fourth year in a row, Slovakia recorded growth in overseas purchases of glucose and glucose syrup, which increased by 1.1% to 34K tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 15%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, glucose imports surged to $18M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glucose in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 3.7 | 3.0 | 2.8 | 6.9 | 23.1% |
| Bulgaria | 1.6 | 2.3 | 3.6 | 3.5 | 29.8% |
| Belgium | N/A | 0.9 | 1.2 | 2.9 | 79.5% |
| Czech Republic | 0.4 | 0.6 | 0.7 | 1.7 | 62.0% |
| Austria | 1.0 | 2.1 | 1.6 | 1.6 | 17.0% |
| Germany | 0.2 | 0.4 | 0.7 | 1.2 | 81.7% |
| Poland | 0.3 | 0.3 | 0.2 | 0.4 | 10.1% |
| Others | 1.2 | 0.5 | 0.3 | 0.3 | -37.0% |
| Total | 8.4 | 10.0 | 11.1 | 18.5 | 30.1% |
Top Suppliers of Glucose to Slovakia in 2022:
- Hungary (12.0K tons)
- Bulgaria (9.1K tons)
- Belgium (5.5K tons)
- Austria (2.9K tons)
- Germany (1.6K tons)
- Czech Republic (1.5K tons)
- Poland (0.8K tons)
This report provides an in-depth analysis of the glucose 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:
- Prodcom 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)
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
- 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 VOLUME AND VALUE
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
- 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
- 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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