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

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

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Preserved Tuna Price in Croatia - 2023

Contents:

  1. Preserved Tuna Price in Croatia (CIF) - 2023
  2. Preserved Tuna Price in Croatia (FOB) - 2023
  3. Preserved Tuna Imports in Croatia
  4. Preserved Tuna Exports in Croatia

Preserved Tuna Price in Croatia (CIF) - 2023

The average preserved tuna import price stood at $7,578 per ton in June 2023, remaining stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 22% m-o-m. As a result, import price attained the peak level of $8,002 per ton. From May 2023 to June 2023, the average import prices remained 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 ($8,373 per ton), while the price for Ghana ($5,012 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Tuna Price in Croatia (FOB) - 2023

In June 2023, the average preserved tuna export price amounted to $10,380 per ton, surging by 15% against the previous month. Over the period under review, export price indicated a noticeable increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, preserved tuna export price increased by +17.1% against March 2023 indices. The pace of growth appeared the most rapid in August 2022 an increase of 69% month-to-month. As a result, the export price reached the peak level of $11,760 per ton. From September 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 Canada ($15,133 per ton), while the average price for exports to Montenegro ($7,551 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 North Macedonia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tuna Imports in Croatia

In 2022, the amount of tuna (prepared or preserved) imported into Croatia dropped slightly to 3.6K tons, with a decrease of -3.4% compared with the year before. In general, imports saw a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 2.4%.

In value terms, preserved tuna imports shrank to $21M in 2022. Over the period under review, imports showed a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year. As a result, imports attained the peak of $23M, and then reduced in the following year.

Import of Preserved Tuna in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.511.112.59.60.3%
Spain3.93.74.24.00.8%
Germany1.72.32.32.513.7%
Netherlands2.20.41.01.4-14.0%
Ecuador0.70.50.60.98.7%
Austria0.10.10.30.571.0%
Vietnam0.1N/AN/A0.571.0%
Poland0.80.81.00.5-14.5%
Czech Republic0.50.20.40.3-15.7%
Philippines0.90.10.10.2-39.4%
Thailand0.70.5N/AN/A-28.6%
Others1.42.01.01.0-10.6%
Total22.221.723.221.4-1.2%

Top Suppliers of Preserved Tuna to Croatia in 2022:

  1. Italy (1390.6 tons)
  2. Spain (610.4 tons)
  3. Germany (555.2 tons)
  4. Netherlands (313.9 tons)
  5. Ecuador (188.6 tons)
  6. Vietnam (134.3 tons)
  7. Austria (105.1 tons)
  8. Poland (83.8 tons)
  9. Czech Republic (71.0 tons)
  10. Philippines (25.8 tons)

Preserved Tuna Exports in Croatia

In 2022, exports of tuna (prepared or preserved) from Croatia expanded notably to 458 tons, growing by 11% compared with 2021 figures. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, preserved tuna exports shrank to $3.4M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, 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 43% against the previous year. As a result, the exports attained the peak of $3.7M, and then shrank in the following year.

Export of Preserved Tuna in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia6266258528129.1%
Bosnia and Herzegovina6621795067263.1%
Serbia51383.2423493-1.3%
Montenegro487196412362-9.4%
North Macedonia22527392.8207-2.7%
Czech Republic24.136.457.2203103.5%
Ukraine317881935184-16.6%
Others469309425460-0.6%
Total3,3232,5833,7033,4461.2%

Top Export Markets for Preserved Tuna from Croatia in 2022:

  1. Bosnia and Herzegovina (113.1 tons)
  2. Slovenia (107.0 tons)
  3. Serbia (78.4 tons)
  4. Montenegro (47.9 tons)
  5. North Macedonia (28.6 tons)
  6. Czech Republic (27.1 tons)
  7. Ukraine (17.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved tuna 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 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole 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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