Wheat bran, sharps and residues market in Slovakia

Earlier Report Observations

The market volume for wheat bran, sharps and residues in Slovakia showed significant variability across the 2018-2024 period. It began at 31.5 thousand tons in 2018, climbed to a high of 34.0 thousand tons in 2019, and then contracted sharply to 24.2 thousand tons in 2020.

After stabilizing near 24 thousand tons in 2021, the market volume fell further to a low of 19.9 thousand tons in 2022. A clear recovery ensued, with the volume rising to 25.1 thousand tons in 2023 and reaching 26.1 thousand tons in 2024. Over these years, domestic production trended downward from 110.2 to 87.7 thousand tons, while exports decreased from 80.9 to 63.4 thousand tons, and imports remained a minor part of the market.

Production wheat bran, sharps and residues in Slovakia

In value, 2017-2020, K $ US

After two years of growth, wheat bran, sharps and residues production in Slovakia declined. In 2020, output was valued at 10 234 K $ US, down 12.8% from the previous year. Between 2017 and 2020, production decreased by 4.4%, equating to an annualized rate of 1.5%. The highest value was recorded in 2019 at 11 731 K $ US, while the largest increase occurred in 2018 at 6.1%.

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

In kind, 2017-2020, K t

Top producers of wheat bran, sharps and residues, 2017-2020

World map of production of wheat bran, sharps and residues, 2017-2020

Slovakia's wheat bran, sharps and residues production volume declined for the second consecutive year. In 2020, 93.2 K t were produced, marking a significant drop of 13.0% from the previous year. Over the 2017-2020 period, production decreased by 11.5%, with a compound annual growth rate (CAGR) of 4.0%. The peak volume was recorded in 2018 at 110.2 K t, which also saw the largest increase of 4.7%.

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

Exports wheat bran, sharps and residues from Slovakia

Exports in kind, t

Slovakia's wheat bran, sharps and residues export volume declined for the second year in a row. In 2020, exports reached 71 361 t, showing a modest reduction of 5.1% year-over-year. Between 2017 and 2020, exports decreased by 11.6%, with a CAGR of 4.0%. The highest export volume was in 2018 at 80 854 t, while the largest decline occurred in 2019 at 7.0%. The largest increase was recorded in 2018 at 0.1%.

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

From 2017 to 2020, Poland, Germany, and Italy were consistently the main destinations for Slovakia's wheat bran, sharps and residues exports in kind. Poland accounted for 30.2% of exports, Germany for 25.9%, and Italy for 16.9%, together making up 73.0% of total flows.

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

Slovakia's wheat bran, sharps and residues exports declined for the second consecutive year. In 2020, export value reached 9 749 K $ US, which is 14.0% lower than in 2019. Over the 2017-2020 period, exports decreased by 2.1%, with a CAGR of 0.7%. The peak value was recorded in 2018 at 11 531 K $ US, which also saw the largest increase of 15.8%.

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

From 2017 to 2020, Germany, Poland, and Italy continued to be the top buyers of wheat bran, sharps and residues from Slovakia in value terms. Germany accounted for 31.3% of exports, Poland for 25.4%, and Italy for 18.4%, jointly representing 75.0% of total export value.

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 bran, sharps and residues to Slovakia

Imports in kind, t

The market showed volatility over the observed period. In 2017, imports reached their lowest point, while 2020 saw a peak, resulting in a 4.2-fold swing. In 2020, Slovakia's wheat bran, sharps and residues import volume totaled 2 339 t, an increase of 13.3% compared to 2019. The largest decline was recorded in 2019 at 0.5%, and the largest increase occurred in 2018 at 271.3%.

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

Throughout 2017-2020, Hungary and Czechia were the principal sources for Slovakia's wheat bran, sharps and residues imports in kind, jointly accounting for 89.5% of total flows. Other partners each held significantly smaller shares.

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

The data reveals irregular changes, indicating a volatile market environment. In 2017, imports hit their minimum, while 2019 saw the maximum, with a 2.7-fold variation between these years. In 2020, wheat bran, sharps and residues imports into Slovakia amounted to 298 K $ US, a steep decline of 55.6% from the previous year. The highest value was recorded in 2019 at 671 K $ US, and the largest increase occurred in 2018 at 149.5%.

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

From 2017 to 2020, Hungary accounted for 70.3% of Slovakia's total wheat bran, sharps and residues imports in value terms. The remaining flows were distributed among a broad group of smaller countries.

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

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