Croatia: Coconut Market 2024

Coconut Market Size in Croatia

In 2022, the Croatian coconut market decreased by X% to $X, falling for the second consecutive year after four years of growth. In general, consumption saw a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Coconut Production in Croatia

In value terms, coconut production surged to $X in 2022 estimated in export price. In general, production saw a abrupt decline. Coconut production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of coconuts in Croatia was estimated at less than X kg per ha in 2022, remaining stable against 2021. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of coconuts production in Croatia amounted to less than X ha, flattening at the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.

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Coconut Exports

Exports from Croatia

After three years of growth, shipments abroad of coconuts decreased by X% to X tons in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined markedly in the following year.

In value terms, coconut exports declined sharply to $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Hungary (X tons), Slovenia (X tons) and Georgia (X tons) were the main destinations of coconut exports from Croatia, together comprising X% of total exports. Serbia, Romania, Montenegro, Austria and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Montenegro (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Slovenia ($X) and Georgia ($X) constituted the largest markets for coconut exported from Croatia worldwide, with a combined X% share of total exports. Romania, Austria, Montenegro, Serbia and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Montenegro, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average coconut export price amounted to $X per ton, with a decrease of X% against the previous year. In general, export price indicated pronounced growth from 2013 to 2022: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Austria ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coconut Imports

Imports into Croatia

Coconut imports into Croatia fell slightly to X tons in 2022, remaining stable against the previous year's figure. In general, imports, however, continue to indicate noticeable growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, coconut imports fell to $X in 2022. Overall, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Italy (X tons) and Hungary (X tons) were the main suppliers of coconut imports to Croatia, with a combined X% share 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, the largest coconut suppliers to Croatia were the Netherlands ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. Hungary, Slovenia and Poland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Hungary, with a CAGR of X%, recorded the highest growth rate of 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

The average coconut import price stood at $X per ton in 2022, falling by X% against the previous year. In general, import price indicated a moderate increase 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, coconut import price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Poland ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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