Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia - 2023

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia (CIF) - 2023
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia (FOB) - 2022
  3. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia
  4. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia (CIF) - 2023

The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,334 per ton in October 2023, declining by -3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in November 2022 an increase of 14% against the previous month. Over the period under review, average import prices attained the peak figure at $1,414 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +15.0% per month.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia (FOB) - 2022

In 2022, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $534 per ton, waning by -5.3% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 25%. The export price peaked at $1,173 per ton in 2012; however, from 2013 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 Czech Republic ($995 per ton), while the average price for exports to Austria ($158 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 Belgium (-1.8%), while the prices for the other major destinations experienced a decline.

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia

In 2022, overseas purchases of vegetables (uncooked or cooked by steaming or boiling in water); frozen were finally on the rise to reach 25K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable slump.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $30M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 5.8% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic5.87.98.49.216.6%
Poland6.79.210.77.85.2%
Hungary2.13.74.24.125.0%
Netherlands3.21.61.72.5-7.9%
Spain0.50.70.61.956.0%
Germany1.00.70.81.13.2%
Belgium1.21.21.01.1-2.9%
France1.10.60.40.3-35.2%
Others6.82.01.22.2-31.4%
Total28.327.529.130.12.1%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Slovakia in 2022:

  1. Czech Republic (7.9K tons)
  2. Poland (6.9K tons)
  3. Hungary (2.8K tons)
  4. Germany (1.9K tons)
  5. Netherlands (1.8K tons)
  6. Spain (1.3K tons)
  7. Belgium (0.9K tons)
  8. France (0.3K tons)

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia

In 2022, the amount of vegetables (uncooked or cooked by steaming or boiling in water); frozen exported from Slovakia soared to 15K tons, growing by 51% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 77%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $7.7M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic3.74.03.55.312.7%
Austria0.1N/AN/A1.1122.4%
Hungary0.62.71.40.914.5%
Germany0.10.10.20.344.2%
Others0.50.50.30.1-41.5%
Total5.17.45.47.714.7%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Slovakia in 2022:

  1. Austria (6.8K tons)
  2. Czech Republic (5.3K tons)
  3. Hungary (1.7K tons)
  4. Germany (0.5K tons)

Source: IndexBox Market Intelligence Platform

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