Wheat and meslin flour and cereals market in Slovakia

Earlier Report Observations

The market for wheat and meslin flour and cereals in Slovakia showed notable volatility from 2018 to 2024. After a slight rise to 309.9 thousand tons in 2019, the market volume declined steadily, reaching a low of 246.4 thousand tons in 2022. This downward trajectory was reversed in the final two years, with the market recovering to 274.9 thousand tons by 2024.

Domestic production followed a declining trend over the period, falling from 304.0 thousand tons to 246.9 thousand tons. The most pronounced contraction occurred between 2022 and 2023, where output dropped by over 34 thousand tons, significantly reducing local supply and pressuring the overall market size during those years.

Trade flows played a key role in the market's dynamics. Imports decreased after a peak in 2019, while exports surged to 130.1 thousand tons in 2022, which limited domestic availability and contributed to the market's low point. The subsequent sharp fall in exports after 2022 helped facilitate the market's rebound in the following years.

Production wheat and meslin flour and cereals in Slovakia

In kind, 2017-2020, K t

Top producers of wheat and meslin flour and cereals, 2017-2020

World map of production of wheat and meslin flour and cereals, 2017-2020

Wheat and meslin flour and cereals production in Slovakia declined for the third consecutive year. In 2020, production remained broadly stable at 286.8 K t compared to 2019. Over the period from 2017 to 2020, production decreased by 9.4%, which translates to an annualized decline rate of 3.2%.

Annual dynamics of production in Slovakia in kind, 2017-2020, K t

Exports wheat and meslin flour and cereals from Slovakia

Exports in kind, K t

Foreign wheat and meslin flour and cereals supplies from Slovakia declined for the third consecutive year. In 2020, exports amounted to 104.9 K t, marking a 1.4% decrease from the previous year. From 2017 to 2020, exports fell by 11.1%, with a compound annual growth rate (CAGR) of -3.8%.

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

Between 2017 and 2020, Czechia and Hungary were the primary destinations for exports in kind, jointly accounting for 85.1% of total flows, while the remaining share was distributed among other markets.

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

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

Exports in value, K $ US

After a two-year increase, Slovakia's volume of wheat and meslin flour and cereals exports declined. In 2020, exports stood at 32 794 K $ US, showing a moderate decline of 6.6% year-over-year. From 2017 to 2020, exports increased by 7.7%, equating to an annualized growth rate of 2.5%. The peak value was recorded in 2019 at 35 119 K $ US, with the largest increase of 13.9% occurring in that same year.

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

From 2017 to 2020, the country structure of exports in value terms was highly concentrated, with Czechia and Hungary together accounting for 88.2% of total flows, while other partners made up the residual portion.

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

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

Imports wheat and meslin flour and cereals to Slovakia

Imports in kind, K t

After a two-year increase, the volume of wheat and meslin flour and cereals imports into Slovakia declined. In 2020, imports totaled 112.5 K t, reflecting a substantial decline of 12.2% compared to the previous year. Between 2017 and 2020, imports rose by 13.4%, which corresponds to an annualized growth rate of 4.3%. The highest volume was recorded in 2019 at 128.1 K t, with the largest increase of 16.3% occurring in 2018.

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

From 2017 to 2020, Czechia (42.2% of imports in kind), Europe, not elsewhere specified (24.5% of imports in kind), and Hungary (19.3% of imports in kind) dominated the structure of imports in kind, collectively representing 86.1% of total flows.

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

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

Imports in value, K $ US

After a two-year rise, wheat and meslin flour and cereals shipments to Slovakia from abroad declined. In 2020, imports amounted to 39 535 K $ US, down by 12.7% from a year earlier. Between 2017 and 2020, imports increased by 12.7%, equating to an annualized growth rate of 4.1%. The maximum value was recorded in 2019 at 45 283 K $ US, with the largest increase of 17.5% occurring in 2018.

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

Throughout 2017 to 2020, Czechia (43.1% of imports in value terms), Europe, not elsewhere specified (27.6% of imports in value terms), and Hungary (15.1% of imports in value terms) remained the main sources for imports in value terms of wheat and meslin flour and cereals to Slovakia, jointly accounting for 85.8% of total flows.

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

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