Croatia - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Croatia - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Herring Price in Croatia - 2023

Contents:

  1. Preserved Herring Price in Croatia (CIF) - 2022
  2. Preserved Herring Price in Croatia (FOB) - 2022
  3. Preserved Herring Imports in Croatia
  4. Preserved Herring Exports in Croatia

Preserved Herring Price in Croatia (CIF) - 2022

In 2022, the average preserved herring import price amounted to $4,174 per ton, growing by 6.2% against the previous year. In general, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2017 an increase of 8.2% against the previous year. Over the period under review, average import prices hit record highs at $4,634 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($5,525 per ton) and Spain ($5,181 per ton), while the price for the Czech Republic ($3,993 per ton) and Poland ($3,995 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Preserved Herring Price in Croatia (FOB) - 2022

In 2022, the average preserved herring export price amounted to $4,801 per ton, picking up by 10% against the previous year. Overall, the export price, however, showed a pronounced setback. Over the period under review, the average export prices attained the maximum at $6,313 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were North Macedonia ($5,081 per ton) and Montenegro ($4,968 per ton), while the average price for exports to Poland ($3,685 per ton) and Romania ($4,436 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+15.0%), while the prices for the other major destinations experienced a decline.

Preserved Herring Imports in Croatia

In 2022, overseas purchases of herrings (prepared or preserved) increased by 29% to 167 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved herring imports surged to $697K in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Preserved Herring in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland21024322828510.7%
Germany1991832162203.4%
Czech Republic70.468.240.110413.9%
SpainN/AN/AN/A53.50%
Austria44.321.424.429.6-12.6%
Others63.58.51.64.1-59.9%
Total5875245116975.9%

Top Suppliers of Preserved Herring to Croatia in 2022:

  1. Poland (71.4 tons)
  2. Germany (52.8 tons)
  3. Czech Republic (26.2 tons)
  4. Spain (10.3 tons)
  5. Austria (5.4 tons)

Preserved Herring Exports in Croatia

After three years of growth, overseas shipments of herrings (prepared or preserved) decreased by -38.1% to 21 tons in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 163% against the previous year.

In value terms, preserved herring exports fell markedly to $99K in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 96%. As a result, the exports reached the peak of $145K, and then contracted notably in the following year.

Export of Preserved Herring in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North MacedoniaN/A25.660.854.545.9%
Romania36.029.054.927.7-8.4%
MontenegroN/A14.021.012.9-4.0%
PolandN/AN/AN/A3.80%
Others2.65.88.6N/A81.9%
Total38.674.314599.036.9%

Top Export Markets for Preserved Herring from Croatia in 2022:

  1. North Macedonia (10.7 tons)
  2. Romania (6.2 tons)
  3. Montenegro (2.6 tons)
  4. Poland (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved herring 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 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

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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