Slovakia: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in Slovakia

In 2022, after three years of growth, there was significant decline in the Slovak preserved swine meat market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Preserved swine meat consumption peaked at $X in 2021, and then contracted in the following year.

Preserved Swine Meat Production in Slovakia

In value terms, preserved swine meat production expanded modestly to $X in 2022 estimated in export price. Overall, production showed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Preserved Swine Meat Exports

Exports from Slovakia

In 2022, overseas shipments of prepared or preserved hams and cuts of swine meat were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports recorded a prominent increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, preserved swine meat exports soared to $X in 2022. Overall, exports showed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) and Hungary (X tons) were the main destinations of preserved swine meat exports from Slovakia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%).

In value terms, the Czech Republic ($X) and Hungary ($X) constituted the largest markets for preserved swine meat exported from Slovakia worldwide.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average preserved swine meat export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%).

Preserved Swine Meat Imports

Imports into Slovakia

In 2022, purchases abroad of prepared or preserved hams and cuts of swine meat increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; afterwards, it flattened through to 2022.

In value terms, preserved swine meat imports amounted to $X in 2022. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest supplier of preserved swine meat to Slovakia, with a X% share of total imports. Moreover, preserved swine meat imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Austria (X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of prepared or preserved hams and cuts of swine meat to Slovakia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

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

Import Prices by Country

The average preserved swine meat import price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 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 Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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