Slovakia - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSunflower Oilcake Price in Slovakia - 2023
Contents:
- Sunflower Oilcake Price in Slovakia (CIF) - 2023
- Sunflower Oilcake Price in Slovakia (FOB) - 2023
- Sunflower Oilcake Imports in Slovakia
- Sunflower Oilcake Exports in Slovakia
Sunflower Oilcake Price in Slovakia (CIF) - 2023
In June 2023, the average sunflower oilcake import price amounted to $250 per ton, reducing by -9.1% against the previous month. Overall, import price indicated measured growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, sunflower oilcake import price decreased by -25.2% against February 2023 indices. The most prominent rate of growth was recorded in July 2022 an increase of 43% m-o-m. Over the period under review, average import prices reached the peak figure at $334 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($378 per ton), while the price for Hungary ($246 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sunflower Oilcake Price in Slovakia (FOB) - 2023
The average sunflower oilcake export price stood at $446 per ton in May 2023, declining by -9.7% against the previous month. Overall, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in April 2023 an increase of 54% m-o-m. The export price peaked at $810 per ton in June 2022; however, from July 2022 to May 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($999 per ton), while the average price for exports to the Czech Republic ($212 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sunflower Oilcake Imports in Slovakia
Sunflower oilcake imports into Slovakia skyrocketed to 20K tons in 2022, with an increase of 15% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sunflower oilcake imports declined to $5M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +48.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $5.2M, and then reduced in the following year.
Import of Sunflower Oilcake in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 2,144 | 3,326 | 3,201 | 3,489 | 17.6% |
Poland | 36.3 | 35.5 | 757 | 579 | 151.7% |
Austria | 401 | 510 | 658 | 543 | 10.6% |
Ukraine | 4.7 | 1.5 | N/A | 301 | 300.1% |
Czech Republic | 150 | 200 | 574 | 90.7 | -15.4% |
Others | 633 | 54.8 | N/A | 16.7 | -70.2% |
Total | 3,370 | 4,127 | 5,190 | 5,019 | 14.2% |
Top Suppliers of Sunflower Oilcake to Slovakia in 2022:
- Hungary (15.1K tons)
- Poland (1.9K tons)
- Austria (1.6K tons)
- Ukraine (1.3K tons)
- Czech Republic (0.3K tons)
Sunflower Oilcake Exports in Slovakia
In 2022, overseas shipments of sunflower oilcake decreased by -33.7% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 213%.
In value terms, sunflower oilcake exports fell to $2M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 180% against the previous year.
Export of Sunflower Oilcake in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 140 | 212 | 1,250 | 1,207 | 105.0% |
Hungary | 165 | 468 | 102 | 262 | 16.7% |
Switzerland | N/A | N/A | N/A | 211 | 0% |
Poland | 42.1 | 282 | 265 | 159 | 55.7% |
Germany | N/A | N/A | 443 | 44.5 | -90.0% |
Czech Republic | 7.5 | 220 | 55.3 | 39.9 | 74.6% |
Others | 67.9 | N/A | 15.3 | 43.5 | -13.8% |
Total | 422 | 1,182 | 2,131 | 1,966 | 67.0% |
Top Export Markets for Sunflower Oilcake from Slovakia in 2022:
- Austria (2428.3 tons)
- Hungary (709.6 tons)
- Poland (441.2 tons)
- Switzerland (299.9 tons)
- Czech Republic (125.5 tons)
- Germany (102.7 tons)
This report provides an in-depth analysis of the sunflower oilcake market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the sunflower oilcake market in Slovakia.
This report provides an in-depth analysis of the global sunflower oilcake market.
Global Rapeseed Oilcake Market Report 2018. This report provides an in-depth analysis of the global rapeseed oilcake market.
This report provides an in-depth analysis of the sunflower oilcake market in Slovakia.
This report provides an in-depth analysis of the global sunflower oilcake market.
Global Rapeseed Oilcake Market Report 2018. This report provides an in-depth analysis of the global rapeseed oilcake market.
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