Croatia - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBeef Price in Croatia - 2023
Contents:
- Beef Price in Croatia (CIF) - 2023
- Beef Price in Croatia (FOB) - 2023
- Beef Imports in Croatia
- Beef Exports in Croatia
Beef Price in Croatia (CIF) - 2023
In May 2023, the average beef import price amounted to $6,906 per ton, remaining constant against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 5.5% against the previous month. The import price peaked in May 2023.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the highest price was recorded for prices from the Netherlands ($8,697 per ton) and Belgium ($8,164 per ton), while the price for Poland ($5,828 per ton) and Germany ($6,261 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Beef Price in Croatia (FOB) - 2023
In June 2023, the average beef export price amounted to $5,875 per ton, with an increase of 3.4% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 8.6% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($8,029 per ton), while the average price for exports to Bosnia and Herzegovina ($4,468 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Beef Imports in Croatia
In 2022, approx. 31K tons of beef (cattle meat) were imported into Croatia; with an increase of 17% on the year before. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, beef imports skyrocketed to $184M in 2022. In general, imports saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Beef in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 39.9 | 31.9 | 41.9 | 51.9 | 9.2% |
| Poland | 19.8 | 18.0 | 33.0 | 49.2 | 35.4% |
| Italy | 12.6 | 13.9 | 24.7 | 35.6 | 41.4% |
| Germany | 3.8 | 3.5 | 4.2 | 11.1 | 42.9% |
| Austria | 17.7 | 14.5 | 9.6 | 10.0 | -17.3% |
| Slovenia | 6.5 | 4.3 | 5.5 | 8.8 | 10.6% |
| Lithuania | 1.7 | 2.3 | 4.0 | 5.4 | 47.0% |
| Spain | 2.1 | 2.9 | 3.4 | 3.8 | 21.9% |
| Belgium | 4.8 | 2.6 | 3.4 | 2.9 | -15.5% |
| Others | 1.7 | 1.0 | 3.9 | 5.6 | 48.8% |
| Total | 111 | 94.9 | 134 | 184 | 18.3% |
Top Suppliers of Beef to Croatia in 2022:
- Poland (9.0K tons)
- Netherlands (7.8K tons)
- Italy (6.6K tons)
- Germany (2.0K tons)
- Austria (1.9K tons)
- Slovenia (1.2K tons)
- Lithuania (0.9K tons)
- Spain (0.6K tons)
- Belgium (0.2K tons)
Beef Exports in Croatia
In 2022, approx. 11K tons of beef (cattle meat) were exported from Croatia; approximately mirroring 2021. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 62%. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, beef exports reached $58M in 2022. The total export value increased at an average annual rate of +15.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 26%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Beef in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.1 | 26.9 | 26.4 | 14.8 | -8.2% |
| Slovenia | 8.5 | 9.2 | 9.7 | 10.5 | 7.3% |
| Bosnia and Herzegovina | 4.0 | 5.3 | 7.9 | 8.7 | 29.6% |
| Hungary | 3.1 | 3.3 | 2.4 | 4.3 | 11.5% |
| Serbia | 0.3 | 0.3 | 0.8 | 1.4 | 67.1% |
| North Macedonia | 1.3 | 2.0 | 2.4 | 0.3 | -38.7% |
| Austria | 0.9 | 0.5 | 0.2 | 0.1 | -51.9% |
| Others | 1.0 | 0.7 | 1.7 | 18.2 | 163.0% |
| Total | 38.2 | 48.2 | 51.6 | 58.2 | 15.1% |
Top Export Markets for Beef from Croatia in 2022:
- North Macedonia (undefinedK tons)
- Austria (undefinedK tons)
- Italy (2.2K tons)
- Bosnia and Herzegovina (2.0K tons)
- Slovenia (1.6K tons)
- Hungary (0.9K tons)
- Serbia (0.5K tons)
This report provides an in-depth analysis of the beef 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 947 - Buffalo meat
- FCL 867 - Meat of cattle
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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