Croatia - Bananas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana Price in Croatia - 2023
Contents:
- Banana Price in Croatia (CIF) - 2023
- Banana Price in Croatia (FOB) - 2023
- Banana Imports in Croatia
- Banana Exports in Croatia
Banana Price in Croatia (CIF) - 2023
In October 2023, the average banana import price amounted to $862 per ton, surging by 3.2% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 17% against the previous month. Over the period under review, average import prices attained the peak figure at $1,062 per ton in March 2023; however, from April 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Costa Rica ($887 per ton), while the price for Colombia ($711 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Colombia (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Banana Price in Croatia (FOB) - 2023
In October 2023, the average banana export price amounted to $896 per ton, which is down by -16.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 48% against the previous month. The export price peaked at $1,305 per ton in January 2023; however, from February 2023 to October 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From October 2022 to October 2023, the rate of growth in terms of prices for Slovenia amounted to +1.2% per month.
Banana Imports in Croatia
In 2022, banana imports into Croatia rose notably to 87K tons, picking up by 13% against 2021. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, banana imports soared to $75M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Banana in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 27.0 | 17.7 | 15.8 | 28.3 | 1.6% |
| Ecuador | 14.5 | 22.0 | 16.5 | 26.1 | 21.6% |
| Belgium | 0.1 | 4.7 | 11.1 | 7.9 | 329.1% |
| Italy | 5.4 | 2.5 | 8.2 | 4.4 | -6.6% |
| Netherlands | 11.0 | 4.6 | 3.1 | 2.7 | -37.4% |
| Hungary | 1.3 | 0.3 | N/A | 2.4 | 22.7% |
| Romania | 0.4 | 0.2 | 2.4 | 1.8 | 65.1% |
| Others | 2.5 | 1.5 | 1.2 | 1.7 | -12.1% |
| Total | 62.3 | 53.6 | 58.3 | 75.2 | 6.5% |
Top Suppliers of Banana to Croatia in 2022:
- Ecuador (32.9K tons)
- Slovenia (31.7K tons)
- Belgium (9.9K tons)
- Italy (4.4K tons)
- Netherlands (2.6K tons)
- Hungary (2.2K tons)
- Romania (1.8K tons)
Banana Exports in Croatia
In 2022, banana exports from Croatia soared to 11K tons, with an increase of 188% compared with the previous year. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, banana exports skyrocketed to $9M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Banana in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1.6 | 1.2 | 1.0 | 4.1 | 36.8% |
| Slovenia | 1.8 | 2.2 | 1.3 | 2.0 | 3.6% |
| Hungary | N/A | 0.2 | 0.6 | 1.9 | 208.2% |
| Poland | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Czech Republic | 0.8 | 0.5 | 0.1 | 0.3 | -27.9% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 4.5 | 4.0 | 3.1 | 9.0 | 26.0% |
Top Export Markets for Banana from Croatia in 2022:
- Romania (5.4K tons)
- Hungary (2.6K tons)
- Slovenia (2.2K tons)
- Poland (0.9K tons)
- Czech Republic (0.4K tons)
This report provides an in-depth analysis of the banana 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:
- FCL 486 - Bananas
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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