Slovakia: Soft Drink Market 2024

Soft Drink Market Size in Slovakia

The Slovak soft drink market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, saw a noticeable decline. Soft drink consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Soft Drink Production in Slovakia

In value terms, soft drink production soared to $X in 2022 estimated in export price. In general, production, however, showed a deep setback. Soft drink production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Soft Drink Exports

Exports from Slovakia

In 2022, shipments abroad of soft drinks increased by X% to X litres, rising for the fifth consecutive year after five years of decline. Over the period under review, exports saw perceptible growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, soft drink exports shrank to $X in 2022. Overall, exports showed a tangible increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

France (X litres), the Czech Republic (X litres) and Italy (X litres) were the main destinations of soft drink exports from Slovakia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Czech Republic ($X) and Italy ($X) were the largest markets for soft drink exported from Slovakia worldwide, with a combined X% share of total exports.

Among the main countries of destination, France, with a CAGR of X%, saw the highest growth rate of 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 2022, the average soft drink export price amounted to $X per litre, with a decrease of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per litre in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per litre), while the average price for exports to Hungary ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Soft Drink Imports

Imports into Slovakia

In 2022, after two years of growth, there was decline in supplies from abroad of soft drinks, when their volume decreased by X% to X litres. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume 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 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X litres in 2021, and then fell in the following year.

In value terms, soft drink imports expanded rapidly to $X in 2022. In general, total imports indicated a resilient 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, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the Czech Republic (X litres) constituted the largest supplier of soft drink to Slovakia, with a X% share of total imports. Moreover, soft drink imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X litres), fivefold. The third position in this ranking was held by Hungary (X litres), 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: Poland (X% per year) and Hungary (X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of soft drinks to Slovakia, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, 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: Hungary (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average soft drink import price amounted to $X per litre, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per litre), while the price for the Czech Republic ($X per litre) 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 more modest paces of growth.

Source: IndexBox Platform

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