Croatia - Refined Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia - 2023
Contents:
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia (CIF) - 2023
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia (FOB) - 2023
- Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia
- Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia (CIF) - 2023
In October 2023, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,218 per ton, waning by -12.7% against the previous month. Over the period under review, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 4.1% m-o-m. Over the period under review, average import prices hit record highs at $1,805 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Serbia ($1,241 per ton), while the price for Ukraine ($1,059 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Hungary (-1.4%), while the prices for the other major suppliers experienced a decline.
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia (FOB) - 2023
In October 2023, the average export price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,182 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in April 2023 when the average export price increased by 11% month-to-month. The export price peaked at $1,779 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In October 2023, the highest price was recorded for prices to the United States ($1,448 per ton) and Bosnia and Herzegovina ($1,260 per ton), while the average price for exports to Kosovo ($1,148 per ton) and Serbia ($1,193 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-2.3%), while the prices for the other major destinations experienced a decline.
Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia
In 2022, supplies from abroad of sunflower-seed or safflower oil, refined, but not chemically modified increased by 41% to 29K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback.
In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified surged to $54M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 17.1 | 16.7 | 10.9 | 19.4 | 4.3% |
| Serbia | 9.9 | 11.3 | 11.5 | 17.6 | 21.1% |
| Bosnia and Herzegovina | 0.4 | 0.3 | 3.9 | 7.0 | 159.6% |
| Bulgaria | 0.1 | 0.1 | 0.2 | 3.9 | 239.1% |
| Slovenia | 1.1 | 1.5 | 2.2 | 3.0 | 39.7% |
| Ukraine | N/A | 0.1 | 0.1 | 1.7 | 312.3% |
| Others | 2.0 | 0.2 | 0.7 | 1.0 | -20.6% |
| Total | 30.5 | 30.2 | 29.5 | 53.6 | 20.7% |
Top Suppliers of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified to Croatia in 2022:
- Hungary (11.8K tons)
- Serbia (9.9K tons)
- Bosnia and Herzegovina (3.6K tons)
- Bulgaria (1.6K tons)
- Slovenia (1.4K tons)
- Ukraine (0.9K tons)
Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia
In 2022, approx. 28K tons of sunflower-seed or safflower oil, refined, but not chemically modified were exported from Croatia; which is down by -28.4% against 2021. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 39K tons, and then reduced sharply in the following year.
In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified shrank slightly to $53M in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 61% against the previous year. As a result, the exports attained the peak of $54M, and then reduced in the following year.
| Export of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 12.5 | 11.7 | 17.2 | 16.3 | 9.3% |
| Slovenia | 3.9 | 4.4 | 6.1 | 9.9 | 36.4% |
| Italy | N/A | 1.2 | 11.8 | 6.6 | 134.5% |
| Bosnia and Herzegovina | 1.2 | 2.8 | 5.9 | 4.8 | 58.7% |
| Serbia | 3.3 | 2.1 | 3.3 | 4.5 | 10.9% |
| Germany | 5.2 | 4.5 | 3.0 | 3.3 | -14.1% |
| Montenegro | N/A | 0.9 | 2.3 | 2.1 | 52.8% |
| Slovakia | 1.0 | 0.6 | 0.1 | 1.3 | 9.1% |
| Czech Republic | 0.4 | 1.5 | 0.2 | 1.2 | 44.2% |
| Austria | 2.4 | 3.2 | 3.3 | 0.4 | -45.0% |
| Others | 0.6 | 0.6 | 1.0 | 2.7 | 65.1% |
| Total | 30.6 | 33.7 | 54.1 | 53.2 | 20.2% |
Top Export Markets for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified from Croatia in 2022:
- Hungary (9.3K tons)
- Slovenia (5.1K tons)
- Italy (3.1K tons)
- Bosnia and Herzegovina (2.3K tons)
- Serbia (2.1K tons)
- Germany (2.0K tons)
- Montenegro (1.0K tons)
- Slovakia (0.8K tons)
- Czech Republic (0.5K tons)
- Austria (0.3K tons)
This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified 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 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)
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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