Croatia - Gin And Geneva - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Croatia - Gin And Geneva - Market Analysis, Forecast, Size, Trends And Insights

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Gin and Geneva Price in Croatia - 2023

Contents:

  1. Gin and Geneva Price in Croatia (CIF) - 2023
  2. Gin and Geneva Price in Croatia (FOB) - 2023
  3. Gin and Geneva Imports in Croatia
  4. Gin and Geneva Exports in Croatia

Gin and Geneva Price in Croatia (CIF) - 2023

In June 2023, the average gin and geneva import price amounted to $9.0 per litre, with an increase of 12% against the previous month. Over the period under review, import price indicated perceptible growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, gin and geneva import price increased by +12.3% against May 2023 indices. The pace of growth appeared the most rapid in October 2022 an increase of 59% month-to-month. Over the period under review, average import prices hit record highs at $9.8 per litre in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($26.2 per litre), while the price for Belgium ($4.0 per litre) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Gin and Geneva Price in Croatia (FOB) - 2023

In June 2023, the average gin and geneva export price amounted to $4.9 per litre, reducing by -41.9% against the previous month. Overall, the export price showed a mild reduction. The most prominent rate of growth was recorded in November 2022 an increase of 70% month-to-month. As a result, the export price attained the peak level of $13.7 per litre. From December 2022 to June 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($23.9 per litre), while the average price for exports to Germany ($2.3 per litre) 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 Serbia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Gin and Geneva Imports in Croatia

In 2022, the amount of gin and geneva imported into Croatia rose significantly to 1.5M litres, picking up by 5.1% compared with 2021. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, gin and geneva imports rose rapidly to $9.7M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Gin and Geneva in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,4641,2041,5682,52119.9%
United Kingdom2,0671,4452,8842,008-1.0%
Romania41.3N/A4.01,508231.8%
Germany9719841,5591,35111.6%
Netherlands1,022583860773-8.9%
Spain594401546526-4.0%
SlovakiaN/A22.8276212204.9%
France11710320720921.3%
Slovenia1,787989245196-52.1%
Austria73.758.410594.18.5%
Others24023535134913.3%
Total8,3766,0268,6059,7465.2%

Top Suppliers of Gin and Geneva to Croatia in 2022:

  1. Germany (394.0K litres)
  2. United Kingdom (318.2K litres)
  3. Italy (243.6K litres)
  4. Romania (178.8K litres)
  5. Netherlands (75.4K litres)
  6. Slovakia (48.2K litres)
  7. France (45.7K litres)
  8. Austria (37.8K litres)
  9. Spain (37.7K litres)
  10. Slovenia (17.3K litres)

Gin and Geneva Exports in Croatia

In 2022, gin and geneva exports from Croatia skyrocketed to 562K litres, with an increase of 28% against 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, gin and geneva exports skyrocketed to $3.4M in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 93% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Gin and Geneva in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.153.72498801964.6%
Netherlands11771695957870.3%
North Macedonia16815328337230.3%
Bosnia and Herzegovina13715926335337.1%
Slovenia2682472332892.5%
United Arab Emirates16661342624614.0%
Serbia54.059.775.920957.0%
Montenegro23.96.618.010865.3%
Others15085.327441139.9%
Total1,0842,0932,7813,44747.1%

Top Export Markets for Gin and Geneva from Croatia in 2022:

  1. North Macedonia (168.4K litres)
  2. Bosnia and Herzegovina (133.5K litres)
  3. Slovenia (61.5K litres)
  4. Germany (59.9K litres)
  5. Netherlands (39.9K litres)
  6. United Arab Emirates (33.1K litres)
  7. Serbia (23.5K litres)
  8. Montenegro (20.8K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the gin and geneva 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 11011050 - Gin and geneva (important: excluding alcohol duty)

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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