Slovakia: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Slovakia

The Slovak non-wheat groats market totaled $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a slight 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Non-Wheat Groats Production in Slovakia

In value terms, non-wheat groats production rose rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated temperate growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Non-Wheat Groats Exports

Exports from Slovakia

For the fourth year in a row, Slovakia recorded growth in overseas shipments of groats and meal of cereals (excluding wheat), which increased by X% to X tons in 2022. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-wheat groats exports soared to $X in 2022. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The Czech Republic (X tons) was the main destination for non-wheat groats exports from Slovakia, with a X% share of total exports. Moreover, non-wheat groats exports to the Czech Republic exceeded the volume sent to the second major destination, Austria (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 the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X.9% per year) and Hungary (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for groats and meal of cereals (excluding wheat) exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Austria ($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 the Czech Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X.5% per year) and Hungary (X% per year).

Export Prices by Country

The average non-wheat groats export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

Non-Wheat Groats Imports

Imports into Slovakia

In 2022, the amount of groats and meal of cereals (excluding wheat) imported into Slovakia skyrocketed to X tons, picking up by X% against the year before. Over the period under review, imports showed a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, non-wheat groats imports soared to $X in 2022. Overall, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of non-wheat groats to Slovakia, accounting for a X% share of total imports. Moreover, non-wheat groats imports from Hungary exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Netherlands (X% per year).

In value terms, Hungary ($X) constituted the largest supplier of groats and meal of cereals (excluding wheat) to Slovakia, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average non-wheat groats import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, import price indicated a temperate increase 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, non-wheat groats import price increased by X% against 2015 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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

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

Source: IndexBox Platform

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