Croatia: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Croatia

The Croatian market for crispbread, rusks and toasted bread skyrocketed to $X in 2023, jumping by X% against the previous year. In general, consumption continues to indicate a resilient increase. Crispbread, rusk and toasted bread consumption peaked in 2023 and is likely to see gradual growth in the near future.

Production of Crispbread, Rusks and Toasted Bread in Croatia

In value terms, crispbread, rusk and toasted bread production soared to $X in 2023 estimated in export price. In general, production showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

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Exports of Crispbread, Rusks and Toasted Bread

Exports from Croatia

In 2023, approx. X tons of crispbread, rusks and toasted bread were exported from Croatia; with an increase of X% on 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to see gradual growth in the near future.

In value terms, crispbread, rusk and toasted bread exports skyrocketed to $X in 2023. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to see steady growth in years to come.

Exports by Country

Slovenia (X tons) was the main destination for crispbread, rusk and toasted bread exports from Croatia, accounting for a X% share of total exports. Moreover, crispbread, rusk and toasted bread exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Italy (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for crispbread, rusks and toasted bread exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Italy, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Italy (X% per year).

Export Prices by Country

In 2023, the average export price for crispbread, rusks and toasted bread amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, enjoyed a noticeable increase. The growth pace was the most rapid in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Croatia

For the fourth consecutive year, Croatia recorded growth in overseas purchases of crispbread, rusks and toasted bread, which increased by X% to X tons in 2023. In general, imports posted prominent growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to continue growth in years to come.

In value terms, crispbread, rusk and toasted bread imports soared to $X in 2023. Over the period under review, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Serbia (X tons) constituted the largest supplier of crispbread, rusk and toasted bread to Croatia, accounting for a X% share of total imports. Moreover, crispbread, rusk and toasted bread imports from Serbia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Bulgaria (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Serbia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Bulgaria (X% per year).

In value terms, the largest crispbread, rusk and toasted bread suppliers to Croatia were Serbia ($X), Italy ($X) and Bulgaria ($X), together accounting for X% of total imports. Germany, Portugal, Slovenia, Hungary, Austria and the Czech Republic lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average import price for crispbread, rusks and toasted bread stood at $X per ton in 2023, rising by X% against the previous year. In general, the import price, however, showed a pronounced slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform