Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia (CIF) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia (FOB) - 2023
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia (CIF) - 2023
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,384 per ton in November 2023, which is down by -2.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 15% m-o-m. Over the period under review, average import prices hit record highs at $1,502 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,550 per ton), while the price for Cyprus ($963 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia (FOB) - 2023
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,394 per ton in November 2023, dropping by -4% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 16% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,538 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the Czech Republic ($3,037 per ton), while the average price for exports to Slovakia ($956 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia
In 2022, approx. 25K tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were imported into Croatia; rising by 16% on 2021. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid soared to $26M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 11.1 | 10.1 | 11.6 | 12.4 | 3.8% |
| Hungary | 0.4 | 0.1 | 0.2 | 2.9 | 93.5% |
| Spain | 1.8 | 3.0 | 2.4 | 2.2 | 6.9% |
| Germany | 1.1 | 1.4 | 1.5 | 2.0 | 22.1% |
| Portugal | N/A | 0.1 | 0.2 | 1.8 | 324.3% |
| Serbia | 0.1 | 0.8 | 2.1 | 1.8 | 162.1% |
| Poland | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Others | 0.9 | 0.5 | 2.3 | 2.3 | 36.7% |
| Total | 15.8 | 16.4 | 20.7 | 25.9 | 17.9% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Croatia in 2022:
- Italy (11.4K tons)
- Serbia (2.7K tons)
- Hungary (2.5K tons)
- Germany (1.9K tons)
- Spain (1.7K tons)
- Portugal (1.5K tons)
- Poland (0.6K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia
For the fourth year in a row, Croatia recorded growth in shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, which increased by 5.4% to 5.6K tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 59% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid expanded significantly to $5.6M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.7% 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 +89.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,279 | 1,971 | 2,217 | 2,241 | 20.6% |
| Slovenia | 601 | 730 | 761 | 900 | 14.4% |
| Slovakia | 216 | 536 | 681 | 685 | 46.9% |
| Ukraine | N/A | N/A | 7.3 | 643 | 8708.2% |
| Bosnia and Herzegovina | 455 | 480 | 606 | 560 | 7.2% |
| Czech Republic | 62.2 | 101 | 215 | 303 | 69.5% |
| Serbia | 98.0 | 83.3 | 77.3 | 51.7 | -19.2% |
| Russia | 108 | 129 | 144 | 9.3 | -55.8% |
| Others | 126 | 182 | 234 | 178 | 12.2% |
| Total | 2,944 | 4,212 | 4,942 | 5,570 | 23.7% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Croatia in 2022:
- Poland (2939.5 tons)
- Slovakia (861.0 tons)
- Slovenia (604.1 tons)
- Ukraine (414.6 tons)
- Bosnia and Herzegovina (366.2 tons)
- Czech Republic (217.6 tons)
- Serbia (58.5 tons)
- Russia (8.0 tons)
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