Croatia - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Croatia - 2023
Contents:
- Tomato Ketchup Price in Croatia (CIF) - 2023
- Tomato Ketchup Price in Croatia (FOB) - 2023
- Tomato Ketchup Imports in Croatia
- Tomato Ketchup Exports in Croatia
Tomato Ketchup Price in Croatia (CIF) - 2023
In August 2023, the average tomato ketchup import price amounted to $1,371 per ton, declining by -7.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. The pace of growth appeared the most rapid in April 2023 an increase of 24% against the previous month. Over the period under review, average import prices hit record highs at $1,477 per ton in July 2023, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($2,937 per ton), while the price for Bosnia and Herzegovina ($1,022 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Price in Croatia (FOB) - 2023
The average tomato ketchup export price stood at $1,278 per ton in August 2023, growing by 4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices hit record highs in August 2023.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Slovenia ($1,690 per ton), while the average price for exports to Hungary ($1,030 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Imports in Croatia
In 2022, purchases abroad of tomato ketchup and tomato sauces decreased by -56.9% to 5.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a measured increase. The pace of growth was the most pronounced in 2020 when imports increased by 173% against the previous year. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, tomato ketchup imports declined rapidly to $7.1M in 2022. In general, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of 99% against the previous year.
| Import of Tomato Ketchup in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,386 | 2,572 | 2,885 | 2,128 | 15.4% |
| Germany | 843 | 1,588 | 1,384 | 841 | -0.1% |
| Bosnia and Herzegovina | 753 | 1,377 | 1,297 | 822 | 3.0% |
| Netherlands | 643 | 1,054 | 1,234 | 633 | -0.5% |
| Slovenia | 373 | 736 | 988 | 570 | 15.2% |
| Austria | 268 | 533 | 667 | 509 | 23.8% |
| Serbia | 269 | 746 | 844 | 438 | 17.6% |
| Poland | 135 | 569 | 416 | 161 | 6.0% |
| Others | 717 | 1,527 | 1,559 | 1,018 | 12.4% |
| Total | 5,387 | 10,703 | 11,274 | 7,120 | 9.7% |
Top Suppliers of Tomato Ketchup to Croatia in 2022:
- Italy (1424.5 tons)
- Bosnia and Herzegovina (1028.5 tons)
- Germany (600.0 tons)
- Serbia (499.4 tons)
- Austria (348.9 tons)
- Netherlands (314.1 tons)
- Slovenia (306.4 tons)
- Poland (102.9 tons)
Tomato Ketchup Exports in Croatia
In 2022, shipments abroad of tomato ketchup and tomato sauces decreased by -0.3% to 11K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, tomato ketchup exports rose significantly to $10M in 2022. The total export value increased at an average annual rate of +12.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Tomato Ketchup in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1.0 | 1.6 | 1.8 | 2.0 | 26.0% |
| Serbia | 0.8 | 0.9 | 1.1 | 1.4 | 20.5% |
| Slovenia | 1.0 | 1.1 | 1.3 | 1.3 | 9.1% |
| Czech Republic | 1.6 | 1.9 | 1.5 | 1.2 | -9.1% |
| Bosnia and Herzegovina | 0.8 | 0.8 | 1.1 | 1.1 | 11.2% |
| Romania | 0.4 | 0.7 | 0.6 | 0.8 | 26.0% |
| Slovakia | 0.7 | 1.0 | 1.1 | 0.8 | 4.6% |
| Finland | 0.4 | 0.4 | 0.6 | 0.4 | 0.0% |
| Others | 0.3 | 0.4 | 0.6 | 1.2 | 58.7% |
| Total | 7.1 | 8.9 | 9.5 | 10.1 | 12.5% |
Top Export Markets for Tomato Ketchup from Croatia in 2022:
- Hungary (2.7K tons)
- Czech Republic (1.5K tons)
- Serbia (1.5K tons)
- Slovenia (1.2K tons)
- Romania (0.9K tons)
- Slovakia (0.9K tons)
- Bosnia and Herzegovina (0.9K tons)
- Finland (0.5K tons)
This report provides an in-depth analysis of the tomato ketchup 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 10841230 - Tomato ketchup and other tomato sauces
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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