Spices; Saffron Price in Slovenia - 2023
Contents:
- Spices; Saffron Price in Slovenia (CIF) - 2022
- Spices; Saffron Price in Slovenia (FOB) - 2022
- Spices; Saffron Imports in Slovenia
- Spices; Saffron Exports in Slovenia
Spices; Saffron Price in Slovenia (CIF) - 2022
In 2022, the average spices; saffron import price amounted to $41,566 per ton, which is down by -12.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 136%. Over the period under review, average import prices reached the maximum at $122,166 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Austria ($1,207,200 per ton), while the price for India ($7,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+51.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Saffron Price in Slovenia (FOB) - 2022
The average spices; saffron export price stood at $17,333 per ton in 2022, waning by -44.4% against the previous year. In general, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 52,850%. As a result, the export price reached the peak level of $529,500 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
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 Croatia ($59,000 per ton), while the average price for exports to Slovakia ($7,000 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 Austria (+13,233.3%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Saffron Imports in Slovenia
Spices; saffron imports into Slovenia surged to 1.2 tons in 2022, increasing by 48% on the year before. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; saffron imports soared to $50K in 2022. In general, imports, however, saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 55%.
| Import of Spices; Saffron in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 8.6 | 2.6 | 18.7 | 24.1 | 41.0% |
| India | 1.2 | 3.8 | 2.7 | 6.5 | 75.6% |
| Croatia | 5.3 | 5.3 | 5.2 | 6.4 | 6.5% |
| Italy | 4.9 | 1.1 | 2.8 | 4.8 | -0.7% |
| Iran | 34.7 | 8.8 | 4.4 | 4.6 | -49.0% |
| Spain | 1.2 | 0.9 | 1.1 | 1.5 | 7.7% |
| United Kingdom | N/A | N/A | 0.8 | N/A | 0% |
| Others | 4.8 | 2.7 | 3.2 | 2.2 | -22.9% |
| Total | 60.5 | 25.2 | 39.0 | 50.2 | -6.0% |
Top Suppliers of Spices; Saffron to Slovenia in 2022:
- India (896.0 kg)
- Italy (228.0 kg)
- Austria (20.0 kg)
- Croatia (18.0 kg)
- Iran (17.0 kg)
- Spain (15.0 kg)
Spices; Saffron Exports in Slovenia
In 2022, overseas shipments of spices; saffra decreased by -77.4% to 12 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 26,050% against the previous year. As a result, the exports reached the peak of 523 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, spices; saffron exports contracted remarkably to $208 in 2022. Over the period under review, exports recorded a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 2,186% against the previous year. As a result, the exports attained the peak of $24K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Spices; Saffron in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Croatia | 1.1 | N/A | 1.3 | 0.1 | -55.0% |
| Slovakia | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | 24.2 | N/A | N/A | 0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| Hungary | N/A | N/A | 0.1 | N/A | 0% |
| Romania | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 24.2 | 1.7 | 0.2 | -43.3% |
Top Export Markets for Spices; Saffron from Slovenia in 2022:
- Italy (6.0 kg)
- Romania (1.0 kg)
- Austria (1.0 kg)
- Croatia (1.0 kg)
- Hungary (1.0 kg)
- Germany (1.0 kg)
- Slovakia (1.0 kg)
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