
Slovakia - Canned Food - Market Analysis, Forecast, Size, Trends and Insights
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Slovakia: Canned Food Market Overview 2021
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Canned Food Market Size in Slovakia
In 2019, the Slovak canned food market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.
Canned Food Production in Slovakia
In value terms, canned food production amounted to $X in 2019 estimated in export prices. Over the period under review, production, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Canned food production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
Canned Food Exports
Exports from Slovakia
In 2019, canned food exports from Slovakia declined to X tonnes, falling by -X% on 2018 figures. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2018, and then declined in the following year.
In value terms, canned food exports shrank modestly to $X in 2019. In general, total exports indicated a pronounced increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports attained the peak of $X, and then reduced in the following year.
Exports by Country
The Czech Republic (X tonnes), Poland (X tonnes) and Hungary (X tonnes) were the main destinations of canned food exports from Slovakia, together comprising X% of total exports. Austria, Germany, Lithuania, the Netherlands, Bulgaria, Romania, Greece and Italy lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Germany, while shipments for the other leaders experienced more modest paces of growth.
In value terms, the Czech Republic ($X), Poland ($X) and Hungary ($X) constituted the largest markets for canned food exported from Slovakia worldwide, together comprising X% of total exports.
Among the main countries of destination, Poland recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2019, the average canned food export price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to the Czech Republic ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.
Canned Food Imports
Imports into Slovakia
In 2019, the amount of canned food imported into Slovakia amounted to X tonnes, increasing by X% against the previous year's figure. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to see steady growth in the immediate term.
In value terms, canned food imports amounted to $X in 2019. Overall, total imports indicated a pronounced increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.
Imports by Country
In 2019, the Czech Republic (X tonnes) constituted the largest supplier of canned food to Slovakia, with a X% share of total imports. Moreover, canned food imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X tonnes), threefold. Hungary (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from the Czech Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Hungary (+X% per year).
In value terms, the Czech Republic ($X) constituted the largest supplier of canned food to Slovakia, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value from the Czech Republic stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Germany (+X% per year).
Import Prices by Country
In 2019, the average canned food import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for canned food in the world?+
The country with the largest volume of canned food consumption was China (24M tonnes), comprising approx. 16% of total volume. Moreover, canned food consumption in China exceeded the figures recorded by the second-largest consumer, India (9.3M tonnes), threefold. The third position in this ranking was occupied by Indonesia (5.2M tonnes), with a 3.4% share.
What are the largest producers of canned food in the world?+
The country with the largest volume of canned food production was China (25M tonnes), comprising approx. 17% of total volume. Moreover, canned food production in China exceeded the figures recorded by the second-largest producer, India (9.5M tonnes), threefold. Italy (6.1M tonnes) ranked third in terms of total production with a 4% share.
What are the leading suppliers of canned food to Slovakia?+
In value terms, the Czech Republic ($105M) constituted the largest supplier of canned food to Slovakia, comprising 53% of total imports. The second position in the ranking was occupied by Poland ($28M), with a 14% share of total imports. It was followed by Germany, with a 12% share.
What are the leading importers of canned food from Slovakia?+
In value terms, the largest markets for canned food exported from Slovakia were the Czech Republic ($25M), Poland ($23M) and Hungary ($18M), together comprising 62% of total exports.
What is the average export price for canned food in Slovakia?+
The average canned food export price stood at $2,847 per tonne in 2019, rising by 5.2% against the previous year.
What is the average import price for canned food in Slovakia?+
The average canned food import price stood at $2,317 per tonne in 2019, declining by -1.8% against the previous year.
This report provides an in-depth analysis of the canned food market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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