Croatia - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 7, 2024

Croatia - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights

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Bread and Bakery Price in Croatia - 2023

Contents:

  1. Bread and Bakery Price in Croatia (CIF) - 2022
  2. Bread and Bakery Price in Croatia (FOB) - 2022
  3. Bread and Bakery Imports in Croatia
  4. Bread and Bakery Exports in Croatia

Bread and Bakery Price in Croatia (CIF) - 2022

The average bread and bakery import price stood at $2,621 per ton in 2022, surging by 3.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 13%. Over the period under review, average import prices attained the peak figure at $2,801 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($3,529 per ton), while the price for Bosnia and Herzegovina ($1,923 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Bread and Bakery Price in Croatia (FOB) - 2022

The average bread and bakery export price stood at $2,835 per ton in 2022, with an increase of 4.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 7.5% against the previous year. The export price peaked at $3,043 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($3,501 per ton), while the average price for exports to Poland ($2,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Bread and Bakery Imports in Croatia

In 2022, bread and bakery imports into Croatia expanded sharply to 95K tons, increasing by 8% on the year before. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, bread and bakery imports expanded sharply to $249M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Bread and Bakery in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany42.840.340.241.1-1.3%
Italy24.623.529.335.112.6%
Poland20.820.028.333.717.5%
Slovenia16.715.022.023.512.1%
Serbia11.711.715.319.819.2%
Czech Republic10.010.814.317.119.6%
Bosnia and Herzegovina12.213.416.915.48.1%
Austria9.78.69.710.42.3%
Hungary9.38.39.69.30.0%
North Macedonia7.36.87.37.82.2%
Belgium3.85.17.27.626.0%
Bulgaria7.26.46.95.5-8.6%
Spain2.92.42.84.717.5%
Others10.710.513.017.718.3%
Total1901832232499.4%

Top Suppliers of Bread and Bakery to Croatia in 2022:

  1. Germany (15.0K tons)
  2. Poland (11.6K tons)
  3. Italy (11.2K tons)
  4. Serbia (9.1K tons)
  5. Slovenia (9.0K tons)
  6. Czech Republic (8.0K tons)
  7. Bosnia and Herzegovina (8.0K tons)
  8. Austria (3.9K tons)
  9. Hungary (3.5K tons)
  10. North Macedonia (3.1K tons)
  11. Bulgaria (2.3K tons)
  12. Belgium (2.1K tons)
  13. Spain (2.1K tons)

Bread and Bakery Exports in Croatia

Bread and bakery exports from Croatia rose significantly to 50K tons in 2022, increasing by 10% on 2021. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, bread and bakery exports expanded significantly to $143M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Export of Bread and Bakery in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia25.825.731.326.20.5%
Germany6.610.918.220.846.6%
Bosnia and Herzegovina15.915.717.118.14.4%
Netherlands0.80.62.210.0132.1%
Serbia12.67.48.49.6-8.7%
Romania0.51.33.77.2143.3%
Poland3.74.04.45.816.2%
Montenegro3.32.83.95.014.9%
Sweden0.70.73.24.687.3%
Austria2.63.24.44.318.3%
United Arab Emirates0.1N/A0.44.0242.0%
Saudi Arabia4.03.64.63.3-6.2%
North Macedonia2.82.62.62.80.0%
Others12.816.819.821.017.9%
Total92.295.512414315.8%

Top Export Markets for Bread and Bakery from Croatia in 2022:

  1. Germany (9.5K tons)
  2. Slovenia (9.2K tons)
  3. Bosnia and Herzegovina (6.1K tons)
  4. Serbia (3.1K tons)
  5. Netherlands (2.9K tons)
  6. Poland (2.7K tons)
  7. Romania (2.4K tons)
  8. Austria (1.8K tons)
  9. Sweden (1.8K tons)
  10. Montenegro (1.4K tons)
  11. United Arab Emirates (1.2K tons)
  12. Saudi Arabia (1.1K tons)
  13. North Macedonia (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bread and bakery 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 10721130 - Crispbread
  • Prodcom 10721230 - Gingerbread and the like
  • Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
  • Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
  • Prodcom 10721150 - Rusks, toasted bread and similar toasted products
  • Prodcom 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
  • Prodcom 10711200 - Cake and pastry products, other bakers
  • Prodcom 10721910 - Matzos
  • Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
  • Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
  • Prodcom 10721950 - Savoury or salted extruded or expanded products
  • Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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