Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia (FOB) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia (CIF) - 2023
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia (FOB) - 2023
In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $5,083 per ton, almost unchanged from the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in January 2023 when the average export price increased by 9.8% against the previous month. Over the period under review, the average export prices attained the peak figure at $5,628 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($7,941 per ton), while the average price for exports to Romania ($3,112 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia (CIF) - 2023
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,704 per ton in October 2023, with an increase of 7.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in April 2023 an increase of 9.1% m-o-m. The import price peaked at $4,794 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Czech Republic ($5,176 per ton), while the price for Germany ($3,296 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses exported from Slovakia stood at 29K tons, approximately mirroring the previous year's figure. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses rose rapidly to $123M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 55%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 23.3 | 24.4 | 36.7 | 39.4 | 19.1% |
| France | 1.4 | 5.1 | 24.4 | 24.7 | 160.3% |
| Czech Republic | 7.5 | 8.5 | 13.7 | 15.0 | 26.0% |
| Austria | 6.6 | 6.4 | 7.5 | 9.1 | 11.3% |
| Netherlands | 1.9 | 2.5 | 5.7 | 5.8 | 45.1% |
| Hungary | 5.6 | 6.2 | 5.8 | 5.6 | 0.0% |
| Slovenia | 0.9 | 1.5 | 3.4 | 4.3 | 68.4% |
| Bulgaria | 2.2 | 2.6 | 2.2 | 2.2 | 0.0% |
| Greece | 3.0 | 3.1 | 2.0 | 2.1 | -11.2% |
| Spain | 1.4 | 1.7 | 2.3 | 1.7 | 6.7% |
| Romania | 1.8 | 2.0 | 1.8 | 1.6 | -3.9% |
| Italy | 1.9 | 2.1 | 1.8 | 1.3 | -11.9% |
| Lithuania | 1.5 | 1.7 | 1.6 | 1.3 | -4.7% |
| Others | 6.4 | 7.5 | 8.1 | 8.6 | 10.4% |
| Total | 65.3 | 75.3 | 117 | 123 | 23.5% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Slovakia in 2022:
- Poland (7.6K tons)
- France (6.9K tons)
- Czech Republic (3.3K tons)
- Netherlands (1.7K tons)
- Austria (1.5K tons)
- Hungary (1.4K tons)
- Slovenia (0.8K tons)
- Romania (0.7K tons)
- Bulgaria (0.7K tons)
- Greece (0.6K tons)
- Spain (0.6K tons)
- Italy (0.5K tons)
- Lithuania (0.5K tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia
For the fourth year in a row, Slovakia recorded growth in overseas purchases of soups and broths and preparations therefor; homogenised composite food preparationses, which increased by 3.1% to 5.2K tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses rose markedly to $19M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 6.4 | 6.9 | 12.3 | 12.9 | 26.3% |
| Poland | 0.9 | 1.5 | 1.8 | 2.0 | 30.5% |
| Hungary | 0.7 | 0.9 | 1.0 | 1.1 | 16.3% |
| Germany | 0.6 | 0.6 | 0.6 | 0.9 | 14.5% |
| France | N/A | 0.2 | 0.2 | 0.5 | 58.1% |
| Spain | 0.9 | 0.5 | 1.1 | 0.3 | -30.7% |
| Others | 1.3 | 0.6 | 0.7 | 1.1 | -5.4% |
| Total | 10.9 | 11.2 | 17.8 | 18.7 | 19.7% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Slovakia in 2022:
- Czech Republic (3217.7 tons)
- Poland (866.0 tons)
- Hungary (376.8 tons)
- Germany (258.9 tons)
- France (101.6 tons)
- Spain (84.5 tons)
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987
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
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Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
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