Brown Rice Price in Croatia - 2023
Contents:
- Brown Rice Price in Croatia (CIF) - 2022
- Brown Rice Price in Croatia (FOB) - 2022
- Brown Rice Imports in Croatia
- Brown Rice Exports in Croatia
Brown Rice Price in Croatia (CIF) - 2022
The average brown rice import price stood at $1,660 per ton in 2022, increasing by 20% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $1,750 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,272 per ton), while the price for Myanmar ($713 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Brown Rice Price in Croatia (FOB) - 2022
In 2022, the average brown rice export price amounted to $4,121 per ton, picking up by 16% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average export price increased by 38%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Ukraine ($4,650 per ton) and Hungary ($4,438 per ton), while the average price for exports to Bosnia and Herzegovina ($3,198 per ton) and Kosovo ($3,242 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Imports in Croatia
In 2022, approx. 378 tons of husked (brown) rice were imported into Croatia; approximately mirroring the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of 383 tons, and then shrank slightly in the following year.
In value terms, brown rice imports surged to $627K in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Brown Rice in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 107 | 228 | 311 | 333 | 46.0% |
| Slovenia | 59.0 | 92.7 | 111 | 143 | 34.3% |
| Bulgaria | N/A | N/A | N/A | 45.0 | 0% |
| Netherlands | 8.8 | 37.1 | 38.9 | 39.8 | 65.4% |
| Germany | 26.8 | 41.3 | 35.9 | 32.2 | 6.3% |
| Hungary | 1.6 | 22.6 | 17.6 | 19.6 | 130.5% |
| Myanmar | 305 | N/A | 1.5 | 5.1 | -74.4% |
| Others | 6.4 | 15.1 | 12.7 | 9.2 | 12.9% |
| Total | 514 | 436 | 529 | 627 | 6.8% |
Top Suppliers of Brown Rice to Croatia in 2022:
- Italy (192.4 tons)
- Slovenia (74.6 tons)
- Bulgaria (52.4 tons)
- Netherlands (18.8 tons)
- Germany (14.2 tons)
- Hungary (10.2 tons)
- Myanmar (7.2 tons)
Brown Rice Exports in Croatia
In 2022, overseas shipments of husked (brown) rice increased by 153% to 6.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp reduction.
In value terms, brown rice exports surged to $28K in 2022. Over the period under review, exports, however, saw a precipitous contraction.
| Export of Brown Rice in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 16.4 | 0% |
| Bosnia and Herzegovina | 5.5 | 5.0 | 3.0 | 3.9 | -10.8% |
| Montenegro | 3.5 | 2.5 | 2.5 | 2.9 | -6.1% |
| Slovenia | 56.0 | 13.9 | 2.8 | 2.2 | -66.0% |
| Hungary | N/A | N/A | N/A | 1.5 | 0% |
| Kosovo | N/A | 0.7 | 1.0 | 0.9 | 13.4% |
| Others | 0.3 | N/A | 0.3 | N/A | 0.0% |
| Total | 65.4 | 22.1 | 9.5 | 27.9 | -24.7% |
Top Export Markets for Brown Rice from Croatia in 2022:
- Ukraine (3532.0 kg)
- Bosnia and Herzegovina (1234.0 kg)
- Montenegro (808.0 kg)
- Slovenia (574.0 kg)
- Hungary (336.0 kg)
- Kosovo (265.0 kg)
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