Croatia - Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSour Cherry Price in Croatia - 2023
Contents:
- Sour Cherry Price in Croatia (FOB) - 2022
- Sour Cherry Price in Croatia (CIF) - 2023
- Sour Cherry Exports in Croatia
- Sour Cherry Imports in Croatia
Sour Cherry Price in Croatia (FOB) - 2022
The average sour cherry export price stood at $605 per ton in 2022, reducing by -2.4% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 178%. As a result, the export price attained the peak level of $757 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,176 per ton), while the average price for exports to Bosnia and Herzegovina ($371 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 the Czech Republic (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sour Cherry Price in Croatia (CIF) - 2023
In July 2023, the average sour cherry import price amounted to $680 per ton, which is down by -7.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 132% against the previous month. The import price peaked at $2,991 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was North Macedonia ($997 per ton), while the price for Serbia stood at $650 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (0.0%).
Sour Cherry Exports in Croatia
In 2022, sour cherry exports from Croatia declined to 1.6K tons, reducing by -10.7% on 2021. In general, exports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, the exports attained the peak of 1.8K tons, and then dropped in the following year.
In value terms, sour cherry exports declined to $962K in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 42%. As a result, the exports reached the peak of $1.1M, and then declined in the following year.
| Export of Sour Cherry in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 245 | 258 | 496 | 242 | -0.4% |
| Italy | N/A | N/A | 125 | 225 | 80.0% |
| Bosnia and Herzegovina | 291 | 307 | 32.7 | 217 | -9.3% |
| Austria | N/A | 43.7 | 38.3 | 138 | 77.7% |
| Slovenia | 24.3 | 45.9 | 101 | 92.0 | 55.9% |
| Belgium | N/A | N/A | N/A | 48.2 | 0% |
| Hungary | 175 | 112 | 69.5 | N/A | -37.0% |
| Germany | 113 | N/A | 229 | N/A | 42.4% |
| Others | 1.0 | 10.4 | 11.9 | N/A | 245.0% |
| Total | 850 | 777 | 1,104 | 962 | 4.2% |
Top Export Markets for Sour Cherry from Croatia in 2022:
- Bosnia and Herzegovina (585.0 tons)
- Austria (316.5 tons)
- Italy (270.3 tons)
- Czech Republic (230.0 tons)
- Slovenia (146.4 tons)
- Belgium (41.0 tons)
Sour Cherry Imports in Croatia
After three years of growth, purchases abroad of sour cherries decreased by -4.8% to 468 tons in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 627% against the previous year. As a result, imports reached the peak of 491 tons, and then shrank in the following year.
In value terms, sour cherry imports stood at $332K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 746% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Sour Cherry in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 32.2 | 34.3 | 253 | 299 | 110.2% |
| North Macedonia | N/A | N/A | 57.8 | 20.0 | -65.4% |
| Netherlands | 3.9 | 3.8 | 11.2 | 13.2 | 50.1% |
| Others | 0.4 | N/A | 0.2 | N/A | -29.3% |
| Total | 36.5 | 38.1 | 322 | 332 | 108.7% |
Top Suppliers of Sour Cherry to Croatia in 2022:
- Serbia (438.6 tons)
- North Macedonia (21.3 tons)
- Netherlands (7.7 tons)
This report provides an in-depth analysis of the sour cherry 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:
- FCL 530 - Sour cherries
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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