Croatia - Sardines (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Sardines Price in Croatia - 2023
Contents:
- Preserved Sardines Price in Croatia (FOB) - 2023
- Preserved Sardines Price in Croatia (CIF) - 2022
- Preserved Sardines Exports in Croatia
- Preserved Sardines Imports in Croatia
Preserved Sardines Price in Croatia (FOB) - 2023
In June 2023, the average preserved sardines export price amounted to $6,804 per ton, with an increase of 1.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 9.3% m-o-m. The export price peaked in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was France ($10,904 per ton), while the average price for exports to Bosnia and Herzegovina ($5,494 per ton) 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 Hungary (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sardines Price in Croatia (CIF) - 2022
In 2022, the average preserved sardines import price amounted to $3,645 per ton, with an increase of 8.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 11%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Slovenia ($5,063 per ton), while the price for the Czech Republic ($2,796 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sardines Exports in Croatia
In 2022, the amount of sardines (prepared or preserved) exported from Croatia stood at 6.4K tons, picking up by 9.6% compared with the year before. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved sardines exports expanded remarkably to $35M in 2022. The total export value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 14%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Preserved Sardines in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.6 | 11.7 | 11.5 | 13.4 | 20.8% |
| Serbia | 6.1 | 5.5 | 5.6 | 5.5 | -3.4% |
| France | 3.0 | 3.6 | 4.4 | 5.0 | 18.6% |
| Bosnia and Herzegovina | 3.0 | 2.8 | 2.9 | 2.7 | -3.5% |
| Slovenia | 1.9 | 2.1 | 2.0 | 2.4 | 8.1% |
| Montenegro | 1.2 | 1.0 | 0.9 | 1.0 | -5.9% |
| North Macedonia | 1.3 | 1.1 | 1.1 | 0.9 | -11.5% |
| Hungary | 0.7 | 0.7 | 0.6 | 0.7 | 0.0% |
| Slovakia | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Others | 2.0 | 2.1 | 2.2 | 3.1 | 15.7% |
| Total | 27.3 | 31.1 | 31.7 | 35.4 | 9.0% |
Top Export Markets for Preserved Sardines from Croatia in 2022:
- Spain (2371.2 tons)
- Serbia (1178.4 tons)
- Bosnia and Herzegovina (548.9 tons)
- France (528.8 tons)
- Slovenia (454.0 tons)
- Montenegro (219.9 tons)
- North Macedonia (202.0 tons)
- Hungary (181.6 tons)
- Slovakia (129.6 tons)
Preserved Sardines Imports in Croatia
In 2022, the amount of sardines (prepared or preserved) imported into Croatia was estimated at 431 tons, surging by 11% compared with the year before. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, preserved sardines imports skyrocketed to $1.6M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Preserved Sardines in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 698 | 874 | 725 | 905 | 9.0% |
| Poland | 123 | 146 | 121 | 200 | 17.6% |
| Slovenia | 65.3 | 124 | 156 | 188 | 42.3% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 117 | 0% |
| Germany | 15.5 | 76.2 | 46.0 | 104 | 88.6% |
| Czech Republic | 141 | 106 | 145 | 34.0 | -37.8% |
| Hungary | 76.2 | 12.6 | 51.8 | N/A | -17.6% |
| Others | 88.7 | 9.0 | 61.4 | 21.6 | -37.6% |
| Total | 1,207 | 1,348 | 1,306 | 1,569 | 9.1% |
Top Suppliers of Preserved Sardines to Croatia in 2022:
- Morocco (254.6 tons)
- Poland (70.1 tons)
- Slovenia (37.2 tons)
- Bosnia and Herzegovina (31.1 tons)
- Germany (23.3 tons)
- Czech Republic (12.2 tons)
This report provides an in-depth analysis of the preserved sardines 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 10202530 - Prepared or preserved sardines, sardinella, brisling and sprats, 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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