Slovakia: Apricot Market 2024

Apricot Market Size in Slovakia

The Slovak apricot market was estimated at $X in 2022, increasing by X% against the previous year. Overall, consumption enjoyed a strong increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Apricot Production in Slovakia

In value terms, apricot production shrank markedly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of apricots in Slovakia dropped sharply to X tons per ha in 2022, waning by X% against the previous year. Overall, the yield continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the average apricot yield reached the maximum level at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area in Slovakia expanded slightly to X ha in 2022, surging by X% on 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to apricot production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Apricot Exports

Exports from Slovakia

In 2022, after two years of decline, there was significant growth in shipments abroad of apricots, when their volume increased by X% to X tons. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, apricot exports skyrocketed to $X in 2022. Over the period under review, exports recorded a perceptible expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for apricot exports from Slovakia, accounting for a X% share of total exports. Moreover, apricot exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), sixfold. The third position in this ranking was taken by Hungary (X tons), with a X% share.

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

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

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

Export Prices by Country

The average apricot export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, export price indicated modest 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, apricot export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Germany ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Apricot Imports

Imports into Slovakia

In 2022, approx. X tons of apricots were imported into Slovakia; rising by X% against the previous year's figure. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, apricot imports declined modestly to $X in 2022. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2021, and then fell slightly in the following year.

Imports by Country

Germany (X tons), Spain (X tons) and Greece (X tons) were the main suppliers of apricot imports to Slovakia, with a combined X% share of total imports. Italy, the Czech Republic, Hungary and Serbia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest apricot suppliers to Slovakia were Germany ($X), Spain ($X) and Italy ($X), with a combined X% share of total imports. Greece, the Czech Republic, Hungary and Serbia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Hungary, with a CAGR of X%, saw the highest growth rate of 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 apricot import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then declined dramatically in the following year.

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 Spain ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :