Slovakia: Bacon And Ham Market 2024

Bacon And Ham Market Size in Slovakia

The Slovak bacon and ham market amounted to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Bacon and ham consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bacon And Ham Production in Slovakia

In value terms, bacon and ham production soared to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Bacon And Ham Exports

Exports from Slovakia

Bacon and ham exports from Slovakia fell rapidly to X tons in 2022, with a decrease of X% on the previous year. In general, exports, however, posted slight growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, bacon and ham exports contracted notably to $X in 2022. Over the period under review, exports saw a pronounced decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for bacon and ham exports from Slovakia, accounting for a X% share of total exports. Moreover, bacon and ham exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold. Poland (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the Czech Republic ($X) remains the key foreign market for bacon, ham and other dried, salted or smoked pig meat exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

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

Export Prices by Country

The average bacon and ham export price stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the export price, however, saw a abrupt downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

Bacon And Ham Imports

Imports into Slovakia

In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat imported into Slovakia declined to X tons, falling by X% on 2021. In general, total imports indicated a modest increase from 2012 to 2022: its volume 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 decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bacon and ham imports shrank modestly to $X in 2022. Over the period under review, total imports indicated a pronounced 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Spain (X tons) were the main suppliers of bacon and ham imports to Slovakia, together accounting for X% of total imports. Italy, Poland, Hungary and Croatia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), the Czech Republic ($X) and Italy ($X) constituted the largest bacon and ham suppliers to Slovakia, with a combined X% share of total imports. Spain, Croatia, Hungary and Poland lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average bacon and ham import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform