Price for Flour, Meal, and Flakes of Potatoes in Slovakia - 2023

Price for Flour, Meal, and Flakes of Potatoes in Slovakia (CIF) - 2023

In August 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $459 per ton, waning by -26.3% against the previous month. Overall, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in January 2023 an increase of 67% m-o-m. As a result, import price reached the peak level of $3,304 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2,633 per ton), while the price for Hungary ($409 per ton) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), while the prices for the other major suppliers experienced a decline.

Price for Flour, Meal, and Flakes of Potatoes in Slovakia (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $5,546 per ton, increasing by 189% against the previous year. In general, the export price enjoyed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($7,599 per ton), while the average price for exports to the Czech Republic ($1,012 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 Austria (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Slovakia

In 2022, supplies from abroad of flour, meal, and flakes of potatoeses was finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour, meal, and flakes of potatoeses surged to $1.5M in 2022. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flour, Meal, and Flakes of Potatoes in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	226	354	188	596	38.2%
Netherlands	69.3	52.9	55.9	265	56.4%
Hungary	14.6	12.1	17.7	263	162.1%
Poland	228	155	250	193	-5.4%
Czech Republic	200	170	75.1	146	-10.0%
Austria	63.1	56.2	58.2	53.8	-5.2%
Belgium	87.0	91.6	0.5	11.8	-48.6%
Others	58.5	11.8	15.9	4.0	-59.1%
Total	946	903	661	1,534	17.5%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Slovakia in 2022:

Poland (312.1 tons)
Spain (238.7 tons)
Czech Republic (230.8 tons)
Hungary (172.8 tons)
Netherlands (110.2 tons)
Austria (30.3 tons)
Belgium (9.6 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Slovakia

Exports of flour, meal, and flakes of potatoeses from Slovakia skyrocketed to 53 tons in 2022, rising by 94% on 2021 figures. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour, meal, and flakes of potatoeses skyrocketed to $295K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.