Maize flour and cereals market in Slovenia

Earlier Report Observations

The market for maize flour and cereals in Slovenia experienced notable fluctuations between 2018 and 2020. Volume peaked at 104.6 thousand tons in 2018, fell sharply to 87.0 thousand tons in 2019, and recovered to 101.1 thousand tons in 2020. This period saw the implementation and completion of a pilot project to develop a national methodology for monitoring grain production and consumption, including corn. The improved data collection and regulatory framework provided better insights for market analysis and likely supported the market's recovery and stabilization.

Following a stable year in 2021 at 100.0 thousand tons, the market contracted to 93.1 thousand tons in 2022. A significant rebound occurred in 2023, with volume reaching 102.3 thousand tons. This growth was supported by companies expanding their product portfolios to include healthier alternatives, such as whole-grain and organic options, in direct response to rising consumer preferences for health and sustainability, which stimulated overall demand.

Production maize flour and cereals in Slovenia

In kind, 2017-2020, t

Top producers of maize flour and cereals, 2017-2020

World map of production of maize flour and cereals, 2017-2020

In Slovenia, maize flour and cereals production reached 97 651 tonnes in 2020, showing a strong increase of 15.4% compared to the previous year. Looking at the period from 2017 to 2020, production grew by 5.3%, which translates to an average annual growth rate of 1.7%. The lowest production level was recorded in 2019 at 84 649 tonnes, while the peak occurred in 2018 with 99 678 tonnes. The most significant drop in production was observed in 2019, when it fell by 15.1%.

Annual dynamics of production in Slovenia in kind, 2017-2020, t

In value, 2017-2020, K $ US

The value of maize flour and cereals output in Slovenia stood at 35 585 thousand US dollars in 2020, representing a substantial rise of 37.8% from the year before. Over the 2017-2020 period, production value increased by 42.2%, with a compound annual growth rate of 12.4%. The largest decline in value was recorded in 2019, when it decreased by 13.4%.

Annual dynamics of production in Slovenia in value, 2017-2020, K $ US

Exports maize flour and cereals from Slovenia

Exports in kind, t

Slovenia's exports of maize flour and cereals declined for the third year in a row. In 2020, export volumes amounted to 5 311 tonnes, which is 17.8% lower than in 2019. From 2017 to 2020, exports fell by 50.7%, with an average annual decrease of 21.0%.

Annual dynamics of product's exports from Slovenia in kind, 2017-2020, t

Between 2017 and 2020, Italy was the dominant export partner for maize flour and cereals in volume terms, accounting for 72.8% of total exports. Other markets played a more limited role during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Slovenia in kind, 2017-2020

Exports in value, K $ US

The value of Slovenia's maize flour and cereals exports dropped for the third consecutive year. In 2020, exports were valued at 1 935 thousand US dollars, down by 1.8% compared to 2019. Over the 2017-2020 span, export value decreased by 33.4%, with an average annual decline of 12.7%.

Annual dynamics of product's exports from Slovenia in value, 2017-2020, K $ US

From 2017 to 2020, Italy, Croatia, and Bosnia and Herzegovina were the key markets for Slovenia's maize flour and cereals exports in value terms. Italy accounted for 48.4% of export value, Croatia for 18.4%, and Bosnia and Herzegovina for 10.9%. Together, these three countries represented 77.7% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Slovenia in value, 2017-2020

Imports maize flour and cereals to Slovenia

Imports in kind, t

Slovenia's imports of maize flour and cereals decreased for the third year running. In 2020, import volumes totaled 8 790 tonnes, a slight reduction of 0.8% from the previous year. Between 2017 and 2020, imports fell by 36.3%, corresponding to an average annual decrease of 14.0%.

Annual dynamics of product's imports to Slovenia in kind, 2017-2020, t

During the 2017-2020 period, Croatia, Hungary, and Austria were the main sources of maize flour and cereals imports to Slovenia in volume terms. Croatia contributed 29.8% of imports, Hungary 25.1%, and Austria 17.8%. Combined, these three countries accounted for 72.7% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Slovenia in kind, 2017-2020

Imports in value, K $ US

In 2020, Slovenia's imports of maize flour and cereals were valued at 3 877 thousand US dollars, reflecting a moderate increase of 3.7% over the previous year. However, from 2017 to 2020, import value decreased by 19.9%, with an average annual decline of 7.1%. The lowest value was recorded in 2019 at 3 739 thousand US dollars, while the highest was in 2018 at 5 174 thousand US dollars. The most significant drop occurred in 2019, with a 27.7% decrease, whereas the largest rise was in 2018, with a 6.9% increase.

Annual dynamics of product's imports to Slovenia in value, 2017-2020, K $ US

From 2017 to 2020, Austria, Croatia, and the Netherlands led as the top suppliers of maize flour and cereals to Slovenia in value terms. Austria accounted for 20.1% of import value, Croatia for 17.9%, and the Netherlands for 15.1%. Their combined share reached 53.1% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovenia in value, 2017-2020