Croatia - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Croatia - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Pimenta Pepper Price in Croatia - 2023

Contents:

  1. Pimenta Pepper Price in Croatia (CIF) - 2023
  2. Pimenta Pepper Price in Croatia (FOB) - 2022
  3. Pimenta Pepper Imports in Croatia
  4. Pimenta Pepper Exports in Croatia

Pimenta Pepper Price in Croatia (CIF) - 2023

The average pimenta pepper import price stood at $3,188 per ton in July 2023, waning by -12.2% against the previous month. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 48% against the previous month. Over the period under review, average import prices hit record highs at $6,197 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($9,139 per ton), while the price for Slovenia ($1,937 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Pimenta Pepper Price in Croatia (FOB) - 2022

In 2022, the average pimenta pepper export price amounted to $5,325 per ton, increasing by 3.4% against the previous year. Over the period under review, the export price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13% against the previous year. The export price peaked at $7,196 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,147 per ton), while the average price for exports to Spain ($2,621 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 North Macedonia (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports in Croatia

In 2022, after three years of growth, there was significant decline in overseas purchases of pimenta pepper, when their volume decreased by -14.1% to 938 tons. Over the period under review, imports recorded a mild downturn. The growth pace was the most rapid in 2021 when imports increased by 9.3% against the previous year. As a result, imports attained the peak of 1.1K tons, and then reduced in the following year.

In value terms, pimenta pepper imports shrank to $3.9M in 2022. The total import value 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports attained the peak of $4.2M, and then contracted in the following year.

Import of Pimenta Pepper in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,2761,4071,6121,4714.9%
Serbia672638770592-4.1%
Germany3653303934406.4%
Hungary30032139641611.5%
China14925429236234.4%
Austria3102873343160.6%
Czech Republic149158156130-4.4%
Netherlands99.930.360.32.5-70.8%
Others1341282221555.0%
Total3,4543,5544,2343,8864.0%

Top Suppliers of Pimenta Pepper to Croatia in 2022:

  1. Spain (441.0 tons)
  2. China (141.8 tons)
  3. Serbia (105.0 tons)
  4. Hungary (78.2 tons)
  5. Germany (59.7 tons)
  6. Austria (46.9 tons)
  7. Czech Republic (27.7 tons)
  8. Netherlands (1.2 tons)

Pimenta Pepper Exports in Croatia

In 2022, after three years of growth, there was significant decline in overseas shipments of pimenta pepper, when their volume decreased by -17.4% to 258 tons. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 63%.

In value terms, pimenta pepper exports dropped to $1.4M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 59% against the previous year.

Export of Pimenta Pepper in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina3273523833411.4%
Slovenia10825629130040.6%
Austria44.315321115150.5%
Switzerland11212495.01130.3%
Czech Republic60.710572.280.29.7%
Romania6.762.011560.5108.2%
Sweden23.935.339.046.224.6%
Serbia77.275.431.440.2-19.5%
United States23.225.225.934.914.6%
SpainN/A13.313131.553.9%
North Macedonia20.123.825.027.911.5%
Others54.313518714538.7%
Total8571,3591,6061,37317.0%

Top Export Markets for Pimenta Pepper from Croatia in 2022:

  1. Slovenia (65.4 tons)
  2. Bosnia and Herzegovina (53.7 tons)
  3. Czech Republic (25.8 tons)
  4. Austria (25.6 tons)
  5. Switzerland (20.0 tons)
  6. Spain (12.0 tons)
  7. Romania (10.7 tons)
  8. Sweden (9.4 tons)
  9. Serbia (8.3 tons)
  10. North Macedonia (4.5 tons)
  11. United States (4.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pimenta pepper 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 689 - Pimento

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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