Slovakia: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in Slovakia

After three years of growth, the Slovak market for uncooked pasta (not containing eggs) decreased by -14.5% to $X in 2021. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Uncooked Pasta (Not Containing Eggs) in Slovakia

In value terms, uncooked pasta (not containing eggs) production contracted to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced decline. The pace of growth was the most pronounced in 2019 when the production volume increased by 20%. Uncooked pasta (not containing eggs) production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Slovakia

In 2021, shipments abroad of uncooked pasta (not containing eggs) increased by 341% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, uncooked pasta (not containing eggs) exports surged to $X in 2021. Overall, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Poland (X tons) were the main destinations of uncooked pasta (not containing eggs) exports from Slovakia, together comprising 83% of total exports. These countries were followed by Austria, the UK and Latvia, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +88.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and Poland ($X) constituted the largest markets for uncooked pasta (not containing eggs) exported from Slovakia worldwide, together comprising 81% of total exports. Austria, the UK and Latvia lagged somewhat behind, together comprising a further 9.5%.

Austria, with a CAGR of +72.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, with an increase of 4.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 19%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Slovakia

In 2021, after three years of growth, there was significant decline in purchases abroad of uncooked pasta (not containing eggs), when their volume decreased by -12.2% to X tons. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta (not containing eggs) imports fell modestly to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 25%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and Hungary (X tons) were the main suppliers of uncooked pasta (not containing eggs) imports to Slovakia, together comprising 82% of total imports. These countries were followed by Germany, Spain, Poland and China, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +75.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Italy ($X) and Hungary ($X) constituted the largest uncooked pasta (not containing eggs) suppliers to Slovakia, together accounting for 72% of total imports. Spain, Germany, China and Poland lagged somewhat behind, together accounting for a further 21%.

China, with a CAGR of +74.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for uncooked pasta (not containing eggs) amounted to $X per ton, rising by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.9%. The most prominent rate of growth was recorded in 2013 an increase of 16%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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