Price for Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia - 2023
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia (CIF) - 2022
The average import price for spices; mixtures of 2 or more products of the same heading stood at $8,980 per ton in 2022, leveling off at the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spices; mixtures of 2 or more products of the same heading increased by +65.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Poland ($21,053 per ton), while the price for Egypt ($1,440 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia (FOB) - 2022
In 2022, the average export price for spices; mixtures of 2 or more products of the same heading amounted to $4,340 per ton, dropping by -6.2% against the previous year. Overall, the export price showed a perceptible decrease. The growth pace was the most rapid in 2014 when the average export price increased by 352%. As a result, the export price attained the peak level of $17,077 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($10,967 per ton), while the average price for exports to Slovakia ($1,806 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 Kosovo (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia
In 2022, imports of spices; mixtures of 2 or more products of the same heading into Slovenia dropped rapidly to 313 tons, waning by -15% compared with the previous year's figure. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%.
In value terms, imports of spices; mixtures of 2 or more products of the same heading fell to $2.8M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +35.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of $3.3M, and then contracted in the following year.
| Import of Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 324 | 305 | 859 | 867 | 38.8% |
| Germany | 868 | 918 | 1,219 | 702 | -6.8% |
| Austria | 242 | 241 | 293 | 379 | 16.1% |
| Croatia | 240 | 268 | 293 | 245 | 0.7% |
| Egypt | 1.1 | 4.0 | 49.6 | 72.4 | 303.8% |
| Turkey | 37.1 | 79.6 | 95.2 | 51.4 | 11.5% |
| France | 62.7 | 85.6 | 77.3 | 49.2 | -7.8% |
| Slovakia | 0.2 | 12.7 | 32.5 | 36.5 | 467.2% |
| Poland | 197 | 29.8 | 42.4 | 31.6 | -45.7% |
| Others | 176 | 133 | 305 | 378 | 29.0% |
| Total | 2,149 | 2,077 | 3,266 | 2,812 | 9.4% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Slovenia in 2022:
- Italy (118.0 tons)
- Germany (63.0 tons)
- Egypt (50.3 tons)
- Austria (20.1 tons)
- Croatia (11.8 tons)
- Turkey (11.7 tons)
- Slovakia (10.2 tons)
- France (5.7 tons)
- Poland (1.5 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia
In 2022, the amount of spices; mixtures of 2 or more products of the same heading exported from Slovenia surged to 109 tons, rising by 30% compared with the previous year. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 241% against the previous year. Over the period under review, the exports of spices; mixtures of 2 or more products of same heading attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of spices; mixtures of 2 or more products of the same heading surged to $473K in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 192%. Over the period under review, the exports of spices; mixtures of 2 or more products of same heading hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Spices; Mixtures of 2 or More Products of the Same Heading in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 0.1 | 54.2 | 72.9 | 142 | 1024.0% |
| Hungary | 6.4 | 85.2 | 154 | 124 | 168.6% |
| Montenegro | 2.0 | 3.8 | 10.9 | 34.8 | 159.1% |
| Croatia | 24.7 | 20.4 | 52.6 | 32.4 | 9.5% |
| Austria | 0.7 | 4.0 | 5.8 | 26.7 | 236.6% |
| Italy | 0.7 | 1.3 | 21.1 | 26.3 | 234.9% |
| Bosnia and Herzegovina | 2.2 | 8.2 | 1.1 | 22.2 | 116.1% |
| Germany | 2.9 | 2.9 | 1.3 | 13.4 | 66.6% |
| Moldova | N/A | 3.0 | 9.5 | 11.7 | 97.5% |
| Kosovo | N/A | 5.7 | 10.0 | 8.6 | 22.8% |
| Poland | 8.7 | N/A | 27.2 | 7.1 | -6.5% |
| France | 14.7 | 7.1 | N/A | 5.3 | -28.8% |
| Slovakia | N/A | 1.5 | 3.3 | 3.7 | 57.1% |
| Others | 8.1 | 10.5 | 19.5 | 14.2 | 20.6% |
| Total | 71.2 | 208 | 389 | 473 | 88.0% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Slovenia in 2022:
- Hungary (64.7 tons)
- Serbia (17.3 tons)
- Italy (4.0 tons)
- Croatia (3.9 tons)
- Montenegro (3.4 tons)
- Germany (3.2 tons)
- Austria (2.8 tons)
- Poland (2.0 tons)
- Slovakia (2.0 tons)
- Bosnia and Herzegovina (2.0 tons)
- Moldova (1.6 tons)
- Kosovo (1.2 tons)
- France (0.3 tons)
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