Croatia - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSauce and Seasoning Price in Croatia - 2023
Contents:
- Sauce and Seasoning Price in Croatia (FOB) - 2023
- Sauce and Seasoning Price in Croatia (CIF) - 2023
- Sauce and Seasoning Exports in Croatia
- Sauce and Seasoning Imports in Croatia
Sauce and Seasoning Price in Croatia (FOB) - 2023
In July 2023, the average sauce and seasoning export price amounted to $2,598 per ton, surging by 3.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 19% against the previous month. As a result, the export price attained the peak level of $2,755 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($5,484 per ton), while the average price for exports to the Czech Republic ($1,285 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sauce and Seasoning Price in Croatia (CIF) - 2023
In July 2023, the average sauce and seasoning import price amounted to $2,650 per ton, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in April 2023 an increase of 14% m-o-m. The import price peaked at $2,681 per ton in June 2023, and then contracted modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($3,827 per ton), while the price for Bosnia and Herzegovina ($1,054 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sauce and Seasoning Exports in Croatia
After three years of growth, overseas shipments of sauces and seasonings decreased by -5.1% to 44K tons in 2022. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 7.4% against the previous year.
In value terms, sauce and seasoning exports reached $95M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Sauce and Seasoning in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 12.4 | 11.4 | 12.0 | 12.7 | 0.8% |
| Slovenia | 11.3 | 10.2 | 10.8 | 12.4 | 3.1% |
| Germany | 8.0 | 9.0 | 10.8 | 11.4 | 12.5% |
| Bosnia and Herzegovina | 8.8 | 8.4 | 9.7 | 10.0 | 4.4% |
| United States | 3.6 | 4.1 | 4.6 | 4.5 | 7.7% |
| Hungary | 2.7 | 3.4 | 3.8 | 4.4 | 17.7% |
| Romania | 5.8 | 4.3 | 4.5 | 4.3 | -9.5% |
| Serbia | 5.4 | 3.1 | 3.6 | 4.0 | -9.5% |
| Australia | 2.5 | 3.1 | 2.5 | 3.3 | 9.7% |
| Kosovo | N/A | 2.6 | 3.0 | 3.1 | 9.2% |
| Slovakia | 2.3 | 2.7 | 3.1 | 3.0 | 9.3% |
| Czech Republic | 2.7 | 3.0 | 2.6 | 2.8 | 1.2% |
| Austria | 2.0 | 2.4 | 2.3 | 2.4 | 6.3% |
| Others | 13.6 | 14.8 | 17.9 | 16.2 | 6.0% |
| Total | 81.0 | 82.6 | 91.2 | 94.8 | 5.4% |
Top Export Markets for Sauce and Seasoning from Croatia in 2022:
- Poland (9.0K tons)
- Slovenia (4.6K tons)
- Hungary (4.2K tons)
- Germany (3.4K tons)
- Bosnia and Herzegovina (3.2K tons)
- Romania (2.8K tons)
- Serbia (2.6K tons)
- Czech Republic (2.2K tons)
- Slovakia (2.0K tons)
- Australia (1.5K tons)
- United States (1.0K tons)
- Kosovo (0.9K tons)
- Austria (0.7K tons)
Sauce and Seasoning Imports in Croatia
In 2022, the amount of sauces and seasonings imported into Croatia totaled 25K tons, picking up by 5.1% against the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% 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 +62.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 51%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sauce and seasoning imports surged to $54M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sauce and Seasoning in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.2 | 5.9 | 7.0 | 9.5 | 15.3% |
| Serbia | 3.8 | 4.7 | 7.6 | 9.4 | 35.2% |
| Austria | 5.8 | 5.3 | 7.3 | 7.8 | 10.4% |
| Bosnia and Herzegovina | 1.0 | 6.8 | 6.6 | 7.0 | 91.3% |
| Italy | 3.4 | 3.1 | 3.8 | 5.8 | 19.5% |
| Slovenia | 2.0 | 2.1 | 2.8 | 4.4 | 30.1% |
| Netherlands | 2.1 | 1.8 | 2.7 | 2.9 | 11.4% |
| Hungary | 1.9 | 1.1 | 1.6 | 2.1 | 3.4% |
| Poland | 1.1 | 1.3 | 1.4 | 1.6 | 13.3% |
| Czech Republic | 1.4 | 1.1 | 0.7 | 0.8 | -17.0% |
| Others | 3.8 | 3.9 | 2.0 | 2.4 | -14.2% |
| Total | 32.5 | 37.1 | 43.5 | 53.8 | 18.3% |
Top Suppliers of Sauce and Seasoning to Croatia in 2022:
- Bosnia and Herzegovina (8.2K tons)
- Serbia (3.4K tons)
- Germany (3.2K tons)
- Austria (2.6K tons)
- Italy (2.1K tons)
- Slovenia (1.4K tons)
- Netherlands (1.0K tons)
- Hungary (0.8K tons)
- Poland (0.7K tons)
- Czech Republic (0.4K tons)
This report provides an in-depth analysis of the sauce and seasoning market 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 10841210 - Soya sauce
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
- Prodcom 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
- Prodcom 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
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
-
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
355
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In value terms, sauces imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated some no...
1383
In value terms, sauces exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nin...
399
Discover the top import markets for tomato ketchup and learn about the leading importers, including the United Kingdom, Germany, France, Canada, and the United States. Explore key statistics and insights in this article.
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Explore the top import markets for mixed condiments, sauces, and seasonings, including the United States, United Kingdom, Canada, France, Germany, Netherlands, Hong Kong SAR, Australia, Russia, and Mexico. Get key statistics and insights on these markets. Leverage the IndexBox market intelligence platform for accurate and up-to-date market information.
