Milled Rice Price in Slovenia - 2023

Contents:

  1. Milled Rice Price in Slovenia (CIF) - 2023
  2. Milled Rice Price in Slovenia (FOB) - 2023
  3. Milled Rice Imports in Slovenia
  4. Milled Rice Exports in Slovenia

Milled Rice Price in Slovenia (CIF) - 2023

In September 2023, the average milled rice import price amounted to $1,067 per ton, shrinking by -8.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in February 2023 when the average import price increased by 37% month-to-month. Over the period under review, average import prices hit record highs at $1,293 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,277 per ton), while the price for Vietnam ($636 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 Belgium (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Milled Rice Price in Slovenia (FOB) - 2023

The average milled rice export price stood at $905 per ton in September 2023, waning by -7% against the previous month. Overall, the export price recorded a mild setback. The pace of growth appeared the most rapid in January 2023 an increase of 30% month-to-month. As a result, the export price attained the peak level of $1,337 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($1,786 per ton), while the average price for exports to Hungary ($688 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports in Slovenia

Milled rice imports into Slovenia soared to 21K tons in 2022, increasing by 32% on the previous year. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 166%. As a result, imports attained the peak of 24K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, milled rice imports skyrocketed to $19M in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 97% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Milled Rice in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.57.26.97.86.3%
Myanmar0.56.32.64.2103.3%
GuyanaN/AN/A1.22.283.3%
CambodiaN/A1.11.01.10.0%
VietnamN/A0.10.10.9200.0%
RomaniaN/AN/AN/A0.40%
Others1.42.02.42.419.7%
Total8.516.714.219.030.8%

Top Suppliers of Milled Rice to Slovenia in 2022:

  1. Italy (6.8K tons)
  2. Myanmar (6.6K tons)
  3. Guyana (3.1K tons)
  4. Vietnam (1.2K tons)
  5. Cambodia (1.1K tons)
  6. Romania (0.6K tons)

Milled Rice Exports in Slovenia

In 2022, exports of semi-milled or wholly milled (bleached) rice from Slovenia expanded remarkably to 11K tons, surging by 7.7% against the year before. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 572% against the previous year. As a result, the exports reached the peak of 18K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, milled rice exports surged to $12M in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 241%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Milled Rice in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A7.54.57.82.0%
Croatia2.01.81.92.34.8%
Bosnia and Herzegovina0.90.90.90.8-3.9%
SlovakiaN/AN/A0.50.740.0%
Italy0.10.40.50.10.0%
Others0.20.20.30.20.0%
Total3.210.98.611.954.9%

Top Export Markets for Milled Rice from Slovenia in 2022:

  1. Italy (undefinedK tons)
  2. Hungary (7.5K tons)
  3. Croatia (1.7K tons)
  4. Slovakia (1.1K tons)
  5. Bosnia and Herzegovina (0.6K tons)

Source: IndexBox Market Intelligence Platform

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