Slovakia: Quince Market 2023

Quince Market Size in Slovakia

The Slovak quince market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Quince Exports

Exports from Slovakia

In 2019, overseas shipments of quinces decreased by 0% to X kg, falling for the second consecutive year after two years of decline. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2018. Over the period under review, the exports attained the maximum in 2019 and are expected to retain growth in the immediate term.

In value terms, quince exports stood at $X in 2019. In general, exports saw a significant increase. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs in 2019 and are likely to see gradual growth in the near future.

Exports by Country

Bulgaria (X kg) was the main destination for quince exports from Slovakia, with a 94% share of total exports. Moreover, quince exports to Bulgaria exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2015 to 2019, the average annual rate of growth in terms of volume to Bulgaria was relatively modest.

From 2015 to 2019, the average annual growth rate of value to Bulgaria was relatively modest.

Export Prices by Country

In 2019, the average quince export price amounted to $X per ton, flattening at the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2019, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2019, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2015 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-21.4%).

Quince Imports

Imports into Slovakia

After four years of decline, purchases abroad of quinces increased by 128% to X kg in 2021. Over the period under review, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of 2,366% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, quince imports skyrocketed to $X in 2021. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 1,819% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X kg) constituted the largest quince supplier to Slovakia, with a 85% share of total imports. Moreover, quince imports from Turkey exceeded the figures recorded by the second-largest supplier, the Czech Republic (X kg), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey was relatively modest.

In value terms, the largest quince suppliers to Slovakia were Turkey ($X) and the Czech Republic ($X).

Among the main suppliers, the Czech Republic, with a CAGR of +82.4%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average quince import price stood at $X per ton in 2021, which is down by -4.8% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, quince import price increased by +74.3% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then dropped modestly in the following year.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :