Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Slovakia - 2023

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Slovakia (CIF) - 2022
  2. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Slovakia

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Slovakia (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,643 per ton in 2022, with an increase of 3.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $1,836 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($2,000 per ton), while the price for the Czech Republic ($1,612 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Slovakia

In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia imported into Slovakia fell notably to 46 tons, waning by -49.1% compared with the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 200%. As a result, imports attained the peak of 90 tons, and then reduced remarkably in the following year.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell notably to $75K in 2022. Over the period under review, imports, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2021 when imports increased by 160%. As a result, imports attained the peak of $143K, and then contracted significantly in the following year.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1.025.054.069.0310.2%
Spain46.327.871.64.8-53.0%
Poland17.5N/AN/AN/A0%
NetherlandsN/AN/A16.5N/A0%
Others4.82.21.01.4-33.7%
Total69.655.014375.22.6%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Slovakia in 2022:

  1. Czech Republic (42.8 tons)
  2. Spain (2.6 tons)

Source: IndexBox Market Intelligence Platform

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