Slovakia: Market for Salted, Dried or Smoked Meat, and Offal 2024

Market Size for Salted, Dried or Smoked Meat, and Offal in Slovakia

The Slovak market for salted, dried or smoked meat, and offal skyrocketed to $X in 2022, rising by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Salted, Dried or Smoked Meat, and Offal in Slovakia

In value terms, production of salted, dried or smoked meat, and offal surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports from Slovakia

In 2022, the amount of salted, dried or smoked meat, and offal exported from Slovakia contracted significantly to X tons, with a decrease of X% on the previous year's figure. Over the period under review, exports showed a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of salted, dried or smoked meat, and offal reduced remarkably to $X in 2022. Overall, exports saw a noticeable setback. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for exports of salted, dried or smoked meat, and offal from Slovakia, with a X% share of total exports. Moreover, exports of salted, dried or smoked meat, and offal to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Poland (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for salted, dried or smoked meat, and offal exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Poland, 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: Hungary (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average export price for salted, dried or smoked meat, and offal amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salted, Dried or Smoked Meat, and Offal

Imports into Slovakia

In 2022, supplies from abroad of salted, dried or smoked meat, and offal increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of salted, dried or smoked meat, and offal fell to $X in 2022. Overall, total imports indicated moderate 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, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank slightly in the following year.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest supplier of salted, dried or smoked meat, and offal to Slovakia, with a X% share of total imports. Moreover, imports of salted, dried or smoked meat, and offal from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with an 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 the Netherlands (X% per year).

In value terms, the largest salted, dried or smoked meat, and offal suppliers to Slovakia were the Czech Republic ($X), Germany ($X) and Hungary ($X), with a combined X% share of total imports. The Netherlands, Spain, Poland and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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