Slovakia: Preserved Anchovies Market 2024

Preserved Anchovies Market Size in Slovakia

The Slovak preserved anchovies market totaled $X in 2022, picking up by X% against the previous year. In general, consumption saw a buoyant expansion. Preserved anchovies consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Preserved Anchovies Production in Slovakia

In value terms, preserved anchovies production expanded markedly to $X in 2022 estimated in export price. In general, production enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Preserved Anchovies Exports

Exports from Slovakia

In 2022, exports of anchovies (prepared or preserved) from Slovakia was estimated at X kg, with an increase of X% against the year before. In general, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, preserved anchovies exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X kg) was the main destination for preserved anchovies exports from Slovakia, with a X% share of total exports. Moreover, preserved anchovies exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X kg), eightfold. The third position in this ranking was taken by Austria (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Austria (X% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for anchovies (prepared or preserved) exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with an X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average preserved anchovies export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to the UK ($X 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 (X%), while the prices for the other major destinations experienced a decline.

Preserved Anchovies Imports

Imports into Slovakia

In 2022, purchases abroad of anchovies (prepared or preserved) increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, imports recorded a slight expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, preserved anchovies imports surged to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Spain (X tons), the Czech Republic (X tons) and Italy (X tons) were the main suppliers of preserved anchovies imports to Slovakia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Spain ($X) and Italy ($X) appeared to be the largest preserved anchovies suppliers to Slovakia, with a combined X% share of total imports. Austria and Greece lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average preserved anchovies import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved anchovies import price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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