Croatia - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Croatia - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Price for Cherry and Sour Cherry in Croatia - 2023

Contents:

  1. Price for Cherry and Sour Cherry in Croatia (CIF) - 2022
  2. Price for Cherry and Sour Cherry in Croatia (FOB) - 2022
  3. Imports of Cherry and Sour Cherry in Croatia
  4. Exports of Cherry and Sour Cherry in Croatia

Price for Cherry and Sour Cherry in Croatia (CIF) - 2022

The average cherry and sour cherry import price stood at $1,605 per ton in 2022, reducing by -5.9% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry and sour cherry import price decreased by -17.9% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 87% against the previous year. The import price peaked at $2,040 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bosnia and Herzegovina ($2,663 per ton), while the price for Serbia ($1,239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cherry and Sour Cherry in Croatia (FOB) - 2022

In 2022, the average cherry and sour cherry export price amounted to $1,272 per ton, picking up by 38% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 178% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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 Spain ($2,604 per ton), while the average price for exports to Bosnia and Herzegovina ($371 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 the Czech Republic (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cherry and Sour Cherry in Croatia

For the fourth year in a row, Croatia recorded growth in purchases abroad of cherries and sour cherries, which increased by 10% to 1.6K tons in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 61%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, cherry and sour cherry imports expanded modestly to $2.6M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Cherry and Sour Cherry in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece6461,5178181,42930.3%
Serbia69.3391640780124.1%
Slovenia9.3N/A247131141.5%
Italy201123207103-20.0%
North MacedoniaN/A15610268.3-33.8%
Germany34488.1192N/A-25.3%
Others76.511234213219.9%
Total1,3472,3872,5492,64325.2%

Top Suppliers of Cherry and Sour Cherry to Croatia in 2022:

  1. Greece (794.8 tons)
  2. Serbia (629.0 tons)
  3. Slovenia (80.4 tons)
  4. North Macedonia (54.3 tons)
  5. Italy (48.4 tons)

Exports of Cherry and Sour Cherry in Croatia

In 2022, the amount of cherries and sour cherries exported from Croatia soared to 2.4K tons, picking up by 15% compared with the previous year. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cherry and sour cherry exports surged to $3M in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 115%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Cherry and Sour Cherry in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A1,5885251,7795.8%
Slovenia3101823373423.3%
Czech Republic245258500242-0.4%
Italy47.2N/A13122568.3%
Bosnia and Herzegovina29130732.7217-9.3%
Austria0.254.241.7138783.7%
BelgiumN/AN/AN/A48.20%
Germany113N/A2313.3-69.2%
Hungary17511269.6N/A-36.9%
Others1.042.617.60.2-41.5%
Total1,1832,5441,8862,99536.3%

Top Export Markets for Cherry and Sour Cherry from Croatia in 2022:

  1. Spain (683.0 tons)
  2. Bosnia and Herzegovina (583.9 tons)
  3. Austria (316.0 tons)
  4. Italy (269.8 tons)
  5. Czech Republic (229.6 tons)
  6. Slovenia (224.9 tons)
  7. Belgium (40.9 tons)
  8. Germany (5.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cherry and sour cherry 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 530 - Sour cherries
  • FCL 531 - Cherries

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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