Slovakia

Other dairy registered relatively modest growth in retail volume terms in 2023, following the declines of the previous two years. High unit prices, combined with a slowly recovering foodservice industry, following the easing of pandemic restrictions,…

Drinking milk products in Slovakia saw a sluggish performance in retail volume terms in 2023, continuing the trend of the previous year. This was partly due to high raw milk and energy costs, which had a negative impact on retail prices. This led to…

Thriftier shopping habits continued to impact retail volume sales of dairy products and alternatives in 2023. Despite the implementation of government measures aimed at reducing the impact of energy prices on Slovak households, the rate of inflation…

Retail volume sales of cheese continued to decline in 2023, albeit at a lower rate than the previous year. Growth was hampered by inflationary pressures, which made it harder for Slovak households to afford to consume the product on a daily basis.…

Retail volume sales of butter began to recover in 2023, following a steep decline in the previous year. The latter was due mainly to rising raw milk and energy prices, which had an impact on production costs, and ultimately, unit prices With high…

Retail volume sales of baby food in Slovakia saw a modest contraction in 2023. While the category was fairly resilient to the impact of price increases, due to the fact parents are accustomed to prioritising the health and wellbeing of their…

The cost of living crisis has not hindered the Slovakian’s appetite for travel in 2023. The number of outbound departures is enjoying steady growth, although travellers prefer low cost destinations such as Bulgaria, Turkey and Greece over more…

The war in Ukraine and the onset of the energy crisis significantly impacted inbound tourism flows in Slovakia in 2022, and its negative influence continues into 2023. Inbound flows from the US and Scandinavian markets have been hampered by the war…

Lodging operators remain under intense pressure with regards to price in 2023. All operating expenses have increased at an unprecedented rate (well above the general inflation), putting upward pressure on lodging prices. With the cost of living…

Consumer demand for outbound travel remains strong in 2023, despite the ongoing cost of living crisis, and this has enabled travel intermediaries to register a strong performance in terms of booking sales. Travellers are taking advantage of…

In 2023, air passenger traffic continues to recover from the harsh fallout caused by the COVID-19 pandemic, with retail value sales nearing pre-pandemic levels. Slovaks are returning to similar air travel patterns as seen before the pandemic, spurred…

The number of households is set to increase slightly in Slovakia over 2022-2027, with single person remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 12.8% elevating living costs. The fastest…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…

The Bratislava in Slovakia report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital penetration,…

The current value sales of sweet biscuits in 2023 are driven by rising unit prices, while overall volume sales experience a decline as consumers reduce their spending. However, snack bars have seen an increase in volume sales, fuelled by the growing…

Private label sugar confectionery has gained increasing popularity among Slovak consumers in 2023, driven by the worsening financial situation due to rising living expenses and food prices. The demand for larger pack sizes and the growing preference…

In 2023, snacks is grappling with the challenges of elevated inflation, a common issue affecting various industries. Rising production costs and commodity prices have resulted in significantly higher retail prices, driving up the value of snacks…

In 2023, savoury snacks faces dynamic unit price growth due to rising production costs. Increasing prices of inputs and energy resulted in multiple price increases for many brands throughout 2022 and 2023. To mitigate the impact, manufacturers such…

The year 2023 witnesses a significant increase in unit prices for ice cream, driven by the earlier rise in input costs during the summer of 2022. As production took place in late spring when prices were still reasonable, the full impact of the cost…

The elevated inflation in 2023, along with rising production costs, is expected to significantly impact gum as a product area not only in 2023 but also in the future. As prices rise, consumer spending on non-essential items such as gum slightly…