Report Update: May 1, 2024

Croatia - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights

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Animal Feed Price in Croatia - 2023

Animal Feed Price in Croatia (CIF) - 2023

In July 2023, the average animal feed import price amounted to $1,317 per ton, leveling off at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 21% month-to-month. The import price peaked in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Greece ($2,106 per ton), while the price for Hungary ($658 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Serbia (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Animal Feed Price in Croatia (FOB) - 2023

The average animal feed export price stood at $1,036 per ton in July 2023, jumping by 25% against the previous month. Overall, export price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, animal feed export price decreased by -11.9% against February 2023 indices. The growth pace was the most rapid in October 2022 an increase of 58% m-o-m. The export price peaked at $1,176 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($2,098 per ton), while the average price for exports to Hungary ($251 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Animal Feed Imports in Croatia

For the fourth year in a row, Croatia recorded growth in purchases abroad of animal and pet feed, which increased by 6.2% to 145K tons in 2022. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, animal feed imports rose significantly to $152M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Animal Feed in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	41.9	34.4	42.0	46.7	3.7%
Greece	21.0	24.9	32.2	35.0	18.6%
Hungary	8.2	10.6	20.8	23.6	42.2%
Serbia	5.0	5.1	5.2	11.3	31.2%
Austria	10.3	8.4	8.1	7.7	-9.2%
Germany	6.2	6.6	7.1	7.4	6.1%
Slovenia	3.8	3.6	4.2	4.7	7.3%
Others	13.8	18.5	17.6	15.1	3.0%
Total	110	112	137	152	11.4%

Top Suppliers of Animal Feed to Croatia in 2022:

Hungary (45.4K tons)
Italy (30.9K tons)
Greece (23.1K tons)
Serbia (21.7K tons)
Austria (6.7K tons)
Germany (5.5K tons)
Slovenia (3.6K tons)

Animal Feed Exports in Croatia

In 2022, shipments abroad of animal and pet feed decreased by -6.4% to 64K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 30%. As a result, the exports reached the peak of 78K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, animal feed exports declined to $59M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%.

Export of Animal Feed in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	7.9	11.6	10.4	10.2	8.9%
Serbia	5.0	5.4	6.1	8.5	19.3%
Saudi Arabia	9.7	2.9	6.4	7.5	-8.2%
Hungary	5.7	5.2	5.9	5.2	-3.0%
Germany	2.7	3.3	3.3	3.1	4.7%
Slovenia	2.1	2.3	2.6	2.5	6.0%
Greece	0.7	1.2	1.8	1.8	37.0%
Romania	1.3	1.2	1.6	1.5	4.9%
Others	15.0	25.6	30.1	18.6	7.4%
Total	50.1	58.6	68.3	58.9	5.5%

Top Export Markets for Animal Feed from Croatia in 2022:

Bosnia and Herzegovina (16.8K tons)
Serbia (14.8K tons)
Hungary (14.6K tons)
Germany (4.2K tons)
Slovenia (3.5K tons)
Greece (2.2K tons)
Saudi Arabia (1.1K tons)
Romania (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the animal feed market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10911010 - Premixtures for farm animal feeds
Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023