Slovakia: Chili And Pepper Market 2024

Chili And Pepper Market Size in Slovakia

In 2022, the Slovak chili and pepper market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank in the following year.

Chili And Pepper Production in Slovakia

In value terms, chili and pepper production fell slightly to $X in 2022 estimated in export price. Overall, production faced a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average chili and pepper yield in Slovakia declined remarkably to X tons per ha, waning by X% against the year before. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. The chili and pepper yield peaked at X tons per ha in 2021, and then declined dramatically in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of chilies and peppers (green) in Slovakia declined significantly to X ha, waning by X% on 2021. In general, the harvested area recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to chili and pepper production reached the peak figure at X ha in 2016; however, from 2017 to 2022, the harvested area failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Chili And Pepper Exports

Exports from Slovakia

In 2022, overseas shipments of chilies and peppers (green) decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, chili and pepper exports fell rapidly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for chili and pepper exports from Slovakia, accounting for a X% share of total exports. Moreover, chili and pepper exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a X% share.

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

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

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

Export Prices by Country

The average chili and pepper export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the 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 the Netherlands ($X per ton), while the average price for exports to the Czech Republic ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chili And Pepper Imports

Imports into Slovakia

In 2022, chili and pepper imports into Slovakia amounted to X tons, therefore, remained relatively stable against 2021 figures. In general, total imports indicated a buoyant 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 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, chili and pepper imports declined slightly to $X in 2022. Overall, total imports indicated a temperate increase 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 2014 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then dropped modestly in the following year.

Imports by Country

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

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

Among the main suppliers, France, with a CAGR of X%, saw 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 chili and pepper import price stood at $X per ton in 2022, standing approx. at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Serbia ($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 more modest paces of growth.

Source: IndexBox Platform