Slovakia: Green Peas Market 2024

Green Peas Market Size in Slovakia

The Slovak green peas market dropped notably to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption showed a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Green Peas Production in Slovakia

In value terms, green peas production rose notably to $X in 2023 estimated in export price. Over the period under review, production recorded a mild decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

In 2023, the average green peas yield in Slovakia declined to X tons per ha, waning by X% on the previous year's figure. Over the period under review, the yield, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2019 when the yield increased by X%. Over the period under review, the average green peas yield reached the peak level at X tons per ha in 2022, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green peas harvested area in Slovakia reduced modestly to X ha in 2023, with a decrease of X% compared with 2022. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the harvested area dedicated to green peas production attained the maximum at X ha in 2022, and then contracted slightly in the following year.

Green Peas Exports

Exports from Slovakia

In 2023, after four years of growth, there was significant decline in overseas shipments of peas (green), when their volume decreased by X% to X tons. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2022, and then reduced in the following year.

In value terms, green peas exports totaled $X in 2023. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in years to come.

Exports by Country

Hungary (X tons), Germany (X tons) and the Czech Republic (X tons) were the main destinations of green peas exports from Slovakia, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) remains the key foreign market for peas (green) exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

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

Export Prices by Country

In 2023, the average green peas export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price enjoyed modest growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Poland ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Slovakia

In 2023, approx. X tons of peas (green) were imported into Slovakia; growing by X% compared with the year before. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, green peas imports rose notably to $X in 2023. In general, imports showed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in years to come.

Imports by Country

Hungary (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of green peas imports to Slovakia, with a combined X% share of total imports. The Czech Republic, Germany, Austria and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Czech Republic ($X) constituted the largest green peas suppliers to Slovakia, together accounting for X% of total imports. Hungary, the Netherlands, Austria and Poland lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 green peas import price stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2022, and then reduced sharply in the following year.

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

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

Source: IndexBox Platform