Non-Liquid Margarine Price in Slovenia - 2023
Contents:
- Non-Liquid Margarine Price in Slovenia (CIF) - 2023
- Non-Liquid Margarine Price in Slovenia (FOB) - 2022
- Non-Liquid Margarine Imports in Slovenia
- Non-Liquid Margarine Exports in Slovenia
Non-Liquid Margarine Price in Slovenia (CIF) - 2023
The average non-liquid margarine import price stood at $1,920 per ton in September 2023, dropping by -15.5% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 13% against the previous month. The import price peaked at $2,340 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($2,399 per ton), while the price for Serbia ($1,472 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Price in Slovenia (FOB) - 2022
In 2022, the average non-liquid margarine export price amounted to $1,804 per ton, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2014 when the average export price increased by 30%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
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 France ($3,765 per ton), while the average price for exports to Germany ($1,131 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 Bosnia and Herzegovina (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Liquid Margarine Imports in Slovenia
In 2022, the amount of non-liquid margarine imported into Slovenia expanded to 4.4K tons, with an increase of 3.3% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.4%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, non-liquid margarine imports soared to $8.9M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Non-Liquid Margarine in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 3.5 | 1,761 | 1,926 | 2,137 | 748.4% |
| Croatia | 1,199 | 1,229 | 1,392 | 1,628 | 10.7% |
| Italy | 529 | 575 | 828 | 1,613 | 45.0% |
| Germany | 598 | 384 | 541 | 958 | 17.0% |
| Austria | 786 | 740 | 918 | 803 | 0.7% |
| Poland | 1,610 | 508 | 498 | 665 | -25.5% |
| Slovakia | N/A | N/A | N/A | 541 | 0% |
| Romania | 235 | 7.0 | 301 | 510 | 29.5% |
| Spain | 465 | 429 | 689 | N/A | 21.7% |
| Others | 1,546 | 19.5 | 22.8 | 75.0 | -63.5% |
| Total | 6,971 | 5,652 | 7,116 | 8,930 | 8.6% |
Top Suppliers of Non-Liquid Margarine to Slovenia in 2022:
- Hungary (845.8 tons)
- Croatia (819.8 tons)
- Italy (816.1 tons)
- Germany (506.2 tons)
- Poland (408.0 tons)
- Austria (387.1 tons)
- Slovakia (304.0 tons)
- Romania (255.1 tons)
Non-Liquid Margarine Exports in Slovenia
In 2022, shipments abroad of non-liquid margarine decreased by -7.4% to 281 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of 304 tons, and then declined in the following year.
In value terms, non-liquid margarine exports rose slightly to $508K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 146%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Non-Liquid Margarine in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 50.8 | 64.9 | 243 | 231 | 65.7% |
| Croatia | 107 | 85.6 | 171 | 86.6 | -6.8% |
| Germany | 4.2 | 14.5 | 35.9 | 84.2 | 171.7% |
| Slovakia | 2.5 | 4.3 | 16.3 | 38.6 | 149.0% |
| Italy | 2.6 | 3.4 | 5.1 | 37.8 | 144.1% |
| Bosnia and Herzegovina | N/A | 22.1 | 3.1 | 18.7 | -8.0% |
| Others | 3.6 | 5.3 | 16.6 | 10.7 | 43.8% |
| Total | 171 | 200 | 491 | 508 | 43.8% |
Top Export Markets for Non-Liquid Margarine from Slovenia in 2022:
- Austria (119.7 tons)
- Germany (74.4 tons)
- Croatia (42.2 tons)
- Italy (19.6 tons)
- Slovakia (12.8 tons)
- Bosnia and Herzegovina (9.4 tons)
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