Slovenia: Coffee Extract Market 2024

Coffee Extract Market Size in Slovenia

The Slovene coffee extract market declined modestly to $X in 2023, approximately equating the previous year. In general, the total consumption indicated slight growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Coffee Extract Production in Slovenia

In value terms, coffee extract production contracted significantly to $X in 2023 estimated in export price. Over the period under review, production saw a deep reduction. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Coffee Extract Exports

Exports from Slovenia

In 2023, overseas shipments of coffee extracts, essences and concentrates increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, coffee extract exports soared to $X in 2023. Overall, exports enjoyed a moderate increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Croatia (X tons) was the main destination for coffee extract exports from Slovenia, with a X% share of total exports. Moreover, coffee extract exports to Croatia exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. The third position in this ranking was taken by Serbia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Croatia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Serbia (X% per year).

In value terms, Croatia ($X) remains the key foreign market for coffee extracts, essences and concentrates exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by Serbia ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Croatia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Hungary (X% per year).

Export Prices by Country

The average coffee extract export price stood at $X per ton in 2023, declining by X% against the previous year. In general, export price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2022, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Extract Imports

Imports into Slovenia

In 2023, the amount of coffee extracts, essences and concentrates imported into Slovenia expanded notably to X tons, increasing by X% compared with the year before. In general, total imports indicated a prominent expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, coffee extract imports soared to $X in 2023. Overall, total imports indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Croatia (X tons) and Italy (X tons) were the main suppliers of coffee extract imports to Slovenia, together comprising X% of total imports. Austria, Serbia, Poland and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coffee extract suppliers to Slovenia were Croatia ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. Serbia, Poland, Austria and Hungary lagged somewhat behind, together comprising a further X%.

Serbia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average coffee extract import price stood at $X per ton in 2023, picking up by X% against the previous year. In general, the import price, however, showed a pronounced slump. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform