Croatia - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Price in Croatia - 2023
Contents:
- Sparkling Wine Price in Croatia (CIF) - 2023
- Sparkling Wine Price in Croatia (FOB) - 2022
- Sparkling Wine Imports in Croatia
- Sparkling Wine Exports in Croatia
Sparkling Wine Price in Croatia (CIF) - 2023
In June 2023, the average sparkling wine import price amounted to $8.3 per litre, reducing by -1.5% against the previous month. Overall, the import price, however, posted a temperate increase. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 95% m-o-m. The import price peaked at $11.9 per litre in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($34.3 per litre), while the price for Slovenia ($4.5 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sparkling Wine Price in Croatia (FOB) - 2022
The average sparkling wine export price stood at $14 per litre in 2022, waning by -38.4% against the previous year. In general, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2020 an increase of 52%. Over the period under review, the average export prices hit record highs at $28 per litre in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($67 per litre), while the average price for exports to Belgium ($3.5 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.
Sparkling Wine Imports in Croatia
In 2022, the amount of sparkling wine imported into Croatia dropped dramatically to 2.1M litres, with a decrease of -30.4% against the previous year's figure. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Imports peaked at 3.4M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, sparkling wine imports contracted notably to $14M in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 56%. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Sparkling Wine in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.1 | 3.6 | 5.0 | 5.8 | 4.4% |
| Italy | 3.1 | 1.4 | 3.0 | 4.0 | 8.9% |
| Germany | 1.2 | 0.8 | 1.0 | 1.7 | 12.3% |
| Spain | 0.6 | 0.6 | 1.1 | 1.2 | 26.0% |
| Slovenia | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Others | 11.8 | 7.3 | 11.2 | 0.6 | -63.0% |
| Total | 22.2 | 13.9 | 21.7 | 13.8 | -14.7% |
Top Suppliers of Sparkling Wine to Croatia in 2022:
- Italy (886.3K litres)
- Germany (551.6K litres)
- Spain (275.2K litres)
- France (237.3K litres)
- Slovenia (85.9K litres)
Sparkling Wine Exports in Croatia
In 2022, overseas shipments of sparkling wine decreased by -34.1% to 84K litres, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 143K litres. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sparkling wine exports dropped dramatically to $1.2M in 2022. Overall, exports faced a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 70%. As a result, the exports reached the peak of $3.9M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Sparkling Wine in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 447 | 1,086 | 790 | 471 | 1.8% |
| Netherlands | 346 | 650 | 192 | 174 | -20.5% |
| United States | 8.9 | 5.8 | 7.3 | 92.6 | 118.3% |
| Serbia | 9.9 | 16.3 | 40.9 | 66.4 | 88.6% |
| Bosnia and Herzegovina | 27.4 | 16.6 | 56.2 | 55.0 | 26.1% |
| Slovenia | 72.4 | 43.4 | 77.7 | 54.0 | -9.3% |
| Belgium | 50.7 | N/A | 14.1 | 35.2 | -11.5% |
| Switzerland | 48.5 | 13.6 | 21.3 | 17.0 | -29.5% |
| Slovakia | N/A | N/A | 8.3 | 13.5 | 62.7% |
| Romania | N/A | 58.1 | N/A | N/A | 0% |
| Others | 1,254 | 1,965 | 1,637 | 176 | -48.0% |
| Total | 2,265 | 3,855 | 2,845 | 1,155 | -20.1% |
Top Export Markets for Sparkling Wine from Croatia in 2022:
- United States (19.7K litres)
- Serbia (11.1K litres)
- Belgium (9.9K litres)
- Bosnia and Herzegovina (8.7K litres)
- Germany (7.0K litres)
- Slovenia (6.8K litres)
- Netherlands (4.4K litres)
- Slovakia (3.1K litres)
- Switzerland (1.7K litres)
This report provides an in-depth analysis of the sparkling wine 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 11021130 - Champagne (important: excluding alcohol duty)
- Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)
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
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