Croatia: Preserved Beef Market 2024

Preserved Beef Market Size in Croatia

The Croatian preserved beef market was estimated at $X in 2022, surging by X% against the previous year. Overall, consumption, however, showed a slight descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Preserved Beef Production in Croatia

In value terms, preserved beef production surged to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced slump. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Preserved Beef Exports

Exports from Croatia

In 2022, after three years of growth, there was significant decline in shipments abroad of beef and veal (salted, in brine, dried or smoked), when their volume decreased by X% to X tons. Overall, exports saw a slight shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, preserved beef exports shrank sharply to $X in 2022. Over the period under review, exports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for preserved beef exports from Croatia, with a X% share of total exports. Moreover, preserved beef exports to Hungary exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was taken by Sweden (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Sweden (X% per year).

In value terms, Hungary ($X) remains the key foreign market for beef and veal (salted, in brine, dried or smoked) exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovenia (X% per year).

Export Prices by Country

In 2022, the average preserved beef export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved beef export price increased by X% against 2015 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Sweden ($X 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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Beef Imports

Imports into Croatia

Preserved beef imports into Croatia shrank to X tons in 2022, waning by X% on the previous year's figure. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, preserved beef imports reduced to $X in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

Hungary (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of preserved beef imports to Croatia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Italy ($X) and the Netherlands ($X) were the largest preserved beef suppliers to Croatia, together comprising X% of total imports.

In terms of the main suppliers, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average preserved beef import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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