Price for Homogenised Composite Food Preparations in Croatia - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Croatia (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in Croatia (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Croatia
4. Exports of Homogenised Composite Food Preparations in Croatia

Price for Homogenised Composite Food Preparations in Croatia (CIF) - 2023

The average homogenised composite food preparations import price stood at $3,588 per ton in March 2023, shrinking by -7.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 19% m-o-m. Over the period under review, average import prices hit record highs at $3,871 per ton in February 2023, and then dropped in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Austria ($8,425 per ton), while the price for the Czech Republic ($2,773 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Austria (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Croatia (FOB) - 2022

The average homogenised composite food preparations export price stood at $3,079 per ton in 2022, falling by -4.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 111%. As a result, the export price attained the peak level of $10,615 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($4,718 per ton), while the average price for exports to North Macedonia ($2,554 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 Montenegro (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Composite Food Preparations in Croatia

In 2022, the amount of homogenised composite food preparationses imported into Croatia surged to 1.1K tons, growing by 31% on the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +54.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, homogenised composite food preparations imports soared to $3.6M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +65.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Homogenised Composite Food Preparations to Croatia in 2022:

1. Hungary (380.5 tons)
2. Slovenia (310.6 tons)
3. Czech Republic (167.4 tons)
4. Germany (154.5 tons)
5. Italy (22.5 tons)
6. Austria (17.7 tons)

Exports of Homogenised Composite Food Preparations in Croatia

In 2022, overseas shipments of homogenised composite food preparationses decreased by -4.2% to 112 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 5.8%. As a result, the exports attained the peak of 119 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, homogenised composite food preparations exports reduced to $344K in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 11%. As a result, the exports attained the peak of $379K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Homogenised Composite Food Preparations from Croatia in 2022:

1. Bosnia and Herzegovina (38.9 tons)
2. Serbia (23.8 tons)
3. North Macedonia (12.0 tons)
4. Montenegro (11.6 tons)
5. Hungary (11.0 tons)
6. Slovenia (9.6 tons)
7. Kosovo (4.2 tons)