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Slovakia - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Slovakia: Animal Fats Market Overview 2021

Animal Fats Market Size in Slovakia

In 2020, the Slovak animal fats market increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Animal Fats Production in Slovakia

In value terms, animal fats production skyrocketed to $X in 2020 estimated in export prices. In general, production saw a buoyant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Animal Fats Exports

Exports from Slovakia

In 2020, the amount of animal fats and oils exported from Slovakia stood at X tonnes, remaining stable against 2019 figures. In general, exports showed a relatively flat trend pattern. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, animal fats exports totaled $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X tonnes) was the main destination for animal fats exports from Slovakia, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Italy was relatively modest.

From 2007 to 2020, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

The average animal fats export price stood at $X per tonne in 2020, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in 2020 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2007 to 2020, the rate of growth in terms of prices for Italy amounted to X% per year.

Animal Fats Imports

Imports into Slovakia

In 2020, the amount of animal fats and oils imported into Slovakia declined notably to X tonnes, with a decrease of -X% compared with the year before. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2019, and then declined markedly in the following year.

In value terms, animal fats imports reduced remarkably to $X in 2020. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

The Czech Republic (X tonnes), Belgium (X tonnes) and Austria (X kg) were the main suppliers of animal fats imports to Slovakia, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Belgium (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest animal fats suppliers to Slovakia were Belgium ($X), the Czech Republic ($X) and Austria ($X), together comprising X% of total imports.

Among the main suppliers, Belgium (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average animal fats import price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
China (421K tonnes) constituted the country with the largest volume of animal fats consumption, comprising approx. 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (199K tonnes), twofold. Italy (167K tonnes) ranked third in terms of total consumption with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
China (424K tonnes) constituted the country with the largest volume of animal fats production, comprising approx. 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (201K tonnes), twofold. Italy (167K tonnes) ranked third in terms of total production with a 6.3% share.
What are the leading suppliers of animal fats and oils to Slovakia?
+
In value terms, Belgium ($22K), the Czech Republic ($13K) and Austria ($332) were the largest animal fats suppliers to Slovakia, together comprising 100% of total imports.
What is the average export price for animal fats and oils in Slovakia?
+
In 2020, the average animal fats export price amounted to $958 per tonne, stabilizing at the previous year.
What is the average import price for animal fats and oils in Slovakia?
+
In 2020, the average animal fats import price amounted to $1,409 per tonne, surging by 7.5% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats market in Slovakia. 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 2025.


Country coverage:
• Slovakia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Slovakia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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