Slovakia: Grapefruit Market 2022

Grapefruit Market Size in Slovakia

In 2021, after three years of growth, there was significant decline in the Slovak grapefruit market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2012 indices. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Grapefruit Exports

Exports from Slovakia

In 2021, overseas shipments of grapefruits decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. The exports peaked at X tonnes in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, grapefruit exports dropped rapidly to $X in 2021. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tonnes), Hungary (X tonnes) and Germany (X tonnes) were the main destinations of grapefruit exports from Slovakia, with a combined X% share of total exports. Malta and the Netherlands lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Malta (+X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for grapefruit exported from Slovakia were the Czech Republic ($X), Hungary ($X) and Germany ($X), together accounting for X% of total exports. These countries were followed by Malta and the Netherlands, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average grapefruit export price stood at $X per tonne in 2021, rising by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2018 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Malta ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-X%), while the prices for the other major destinations experienced a decline.

Grapefruit Imports

Imports into Slovakia

In 2021, after three years of growth, there was significant decline in supplies from abroad of grapefruits, when their volume decreased by -X% to X tonnes. Overall, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2020, and then fell remarkably in the following year.

In value terms, grapefruit imports reduced to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2020 when imports increased by X% y-o-y. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tonnes), Turkey (X tonnes) and the Netherlands (X tonnes) were the main suppliers of grapefruit imports to Slovakia, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest grapefruit suppliers to Slovakia were Germany ($X), the Netherlands ($X) and the Czech Republic ($X), with a combined X% share of total imports.

The Netherlands, 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

The average grapefruit import price stood at $X per tonne in 2021, jumping by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform