Price for Dried Cod, Whether or Not Salted in Slovenia - 2023

Contents:

  1. Price for Dried Cod, Whether or Not Salted in Slovenia (CIF) - 2022
  2. Price for Dried Cod, Whether or Not Salted in Slovenia (FOB) - 2022
  3. Imports of Dried Cod, Whether or Not Salted in Slovenia
  4. Exports of Dried Cod, Whether or Not Salted in Slovenia

Price for Dried Cod, Whether or Not Salted in Slovenia (CIF) - 2022

In 2022, the average import price for dried cod, whether or not salted amounted to $24,884 per ton, dropping by -22.7% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 28%. The import price peaked at $32,177 per ton in 2021, and then reduced remarkably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($32,159 per ton) and Italy ($25,377 per ton), while the price for Croatia ($24,057 per ton) and Norway ($25,140 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dried Cod, Whether or Not Salted in Slovenia (FOB) - 2022

In 2022, the average export price for dried cod, whether or not salted amounted to $27,750 per ton, remaining stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 71% against the previous year. Over the period under review, the average export prices hit record highs at $28,577 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2013 to 2022, the rate of growth in terms of prices for Montenegro amounted to +20.3% per year.

Imports of Dried Cod, Whether or Not Salted in Slovenia

In 2022, the amount of dried cod, whether or not salted imported into Slovenia soared to 7.2 tons, increasing by 19% on 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of dried cod, whether or not salted dropped to $180K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $195K, and then shrank in the following year.

Import of Dried Cod, Whether or Not Salted in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia12.08.073.776.885.7%
Italy58.067.684.970.46.7%
Norway38.153.733.426.4-11.5%
Denmark0.84.63.14.983.0%
OthersN/AN/AN/A1.10%
Total10913419518018.2%

Top Suppliers of Dried Cod, Whether or Not Salted to Slovenia in 2022:

  1. Croatia (3.2 tons)
  2. Italy (2.8 tons)
  3. Norway (1.1 tons)
  4. Denmark (0.2 tons)

Exports of Dried Cod, Whether or Not Salted in Slovenia

In 2022, approx. 4 kg of dried cod, whether or not salted were exported from Slovenia; remaining constant against the year before. In general, exports faced a dramatic setback. The smallest decline of -95.5% was in 2020.

In value terms, exports of dried cod, whether or not salted totaled $111 in 2022. Over the period under review, exports showed a sharp decrease. The smallest decline of -96.5% was in 2020.

Export of Dried Cod, Whether or Not Salted in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A0.10%
Croatia3.6N/AN/AN/A0%
Montenegro20.7N/AN/AN/A0%
Italy4.61.0N/AN/A-78.3%
OthersN/AN/AN/AN/A0%
Total29.01.0N/A0.1-84.9%

Top Export Markets for Dried Cod, Whether or Not Salted from Slovenia in 2022:

  1. Austria (4.0 kg)

Source: IndexBox Market Intelligence Platform

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