Slovenia - Rice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Slovenia - Rice - Market Analysis, Forecast, Size, Trends and Insights

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Rice Price in Slovenia - 2023

Contents:

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

Rice Price in Slovenia (CIF) - 2023

The average rice import price stood at $1,109 per ton in September 2023, declining by -9.6% against the previous month. Over the period under review, import price indicated modest growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, rice import price decreased by -17.0% against July 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 40% against the previous month. The import price peaked at $1,336 per ton in July 2023; however, from August 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 Belgium ($2,365 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 (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Rice Price in Slovenia (FOB) - 2023

In September 2023, the average rice export price amounted to $913 per ton, falling by -7.9% against the previous month. In general, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 31% against the previous month. As a result, the export price attained the peak level of $1,347 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.

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 (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Rice Imports in Slovenia

Rice imports into Slovenia surged to 22K tons in 2022, jumping by 27% against 2021 figures. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 153%. As a result, imports attained the peak of 25K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, rice imports skyrocketed to $20M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +28.1% 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 +110.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 88%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Rice in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.87.87.78.26.4%
Myanmar1.26.52.84.454.2%
GuyanaN/AN/A1.22.283.3%
CambodiaN/A1.11.01.10.0%
VietnamN/A0.10.10.9200.0%
Belgium0.40.60.70.720.5%
RomaniaN/AN/AN/A0.40%
Others1.11.82.42.124.1%
Total9.517.916.020.028.2%

Top Suppliers of Rice to Slovenia in 2022:

  1. Italy (7.1K tons)
  2. Myanmar (6.9K tons)
  3. Guyana (3.1K tons)
  4. Vietnam (1.2K tons)
  5. Cambodia (1.1K tons)
  6. Romania (0.6K tons)
  7. Belgium (0.4K tons)

Rice Exports in Slovenia

In 2022, rice exports from Slovenia rose significantly to 11K tons, growing by 5.3% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 564%. As a result, the exports attained the peak of 19K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, rice exports skyrocketed to $12M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 235%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Rice in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A7.54.57.82.0%
Croatia2.11.92.02.44.6%
Bosnia and Herzegovina0.91.01.00.8-3.9%
SlovakiaN/AN/A0.50.740.0%
NetherlandsN/AN/A0.40.3-25.0%
Italy0.10.70.80.10.0%
Others0.30.20.30.2-12.6%
Total3.411.39.512.453.9%

Top Export Markets for Rice from Slovenia in 2022:

  1. Hungary (7.5K tons)
  2. Croatia (1.7K tons)
  3. Slovakia (1.1K tons)
  4. Bosnia and Herzegovina (0.6K tons)
  5. Netherlands (0.2K tons)
  6. Italy (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rice market in Slovenia. 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:

  • FCL 27 - Rice, paddy

Country coverage:

  • Slovenia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovenia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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