Price for Flour, Meal, and Flakes of Potatoes in Croatia - 2023

Contents:

  1. Price for Flour, Meal, and Flakes of Potatoes in Croatia (CIF) - 2023
  2. Price for Flour, Meal, and Flakes of Potatoes in Croatia (FOB) - 2022
  3. Imports of Flour, Meal, and Flakes of Potatoes in Croatia
  4. Exports of Flour, Meal, and Flakes of Potatoes in Croatia

Price for Flour, Meal, and Flakes of Potatoes in Croatia (CIF) - 2023

In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $2,329 per ton, dropping by -8.1% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in December 2022 an increase of 30% against the previous month. The import price peaked at $2,607 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Belarus ($7,661 per ton), while the price for Serbia amounted to $4,406 per ton.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Croatia (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $2,099 per ton in 2022, rising by 30% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flour, meal, and flakes of potatoeses decreased by -22.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 41% against the previous year. The export price peaked at $2,701 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($2,426 per ton) and Hungary ($1,906 per ton), while the average price for exports to Slovenia ($1,627 per ton) and Serbia ($1,632 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour, Meal, and Flakes of Potatoes in Croatia

In 2022, the amount of flour, meal, and flakes of potatoeses imported into Croatia stood at 883 tons, surging by 4.9% on the previous year's figure. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.4% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of flour, meal, and flakes of potatoeses rose remarkably to $1.4M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flour, Meal, and Flakes of Potatoes in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia982613686699-10.7%
Germany15235935137935.6%
Poland42.324.111.514350.1%
Austria59.848.395.778.69.5%
Czech Republic56.255.837.543.6-8.1%
Belgium33.124.728.812.6-27.5%
Others12.914.936.833.337.2%
Total1,3391,1411,2471,3891.2%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Croatia in 2022:

  1. Slovenia (420.9 tons)
  2. Germany (313.3 tons)
  3. Poland (69.1 tons)
  4. Austria (48.4 tons)
  5. Czech Republic (11.0 tons)
  6. Belgium (6.2 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Croatia

In 2022, exports of flour, meal, and flakes of potatoeses from Croatia skyrocketed to 98 tons, with an increase of 322% on 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour, meal, and flakes of potatoeses skyrocketed to $206K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Flour, Meal, and Flakes of Potatoes in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/AN/A1130%
HungaryN/AN/AN/A39.70%
PolandN/AN/AN/A32.70%
Slovenia1.913.517.618.3112.8%
Serbia8.34.412.52.9-29.6%
Russia10.65.1N/AN/A-51.9%
Bosnia and HerzegovinaN/A30.1N/AN/A0%
United Arab Emirates5.611.8N/AN/A110.7%
AlbaniaN/AN/A7.7N/A0%
Others0.1N/AN/AN/A0%
Total26.564.837.820698.1%

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Croatia in 2022:

  1. Romania (46.5 tons)
  2. Hungary (20.8 tons)
  3. Poland (18.0 tons)
  4. Slovenia (11.2 tons)
  5. Serbia (1.8 tons)

Source: IndexBox Market Intelligence Platform

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