Croatia: Crispbread Market 2024

Crispbread Market Size in Croatia

In 2021, the Croatian crispbread market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.6% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Crispbread Production in Croatia

In value terms, crispbread production surged to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 54% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Crispbread Exports

Exports from Croatia

In 2021, the amount of crispbread exported from Croatia totaled X tons, approximately reflecting the previous year's figure. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 14,820%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, crispbread exports contracted modestly to $X in 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 12,638%. The exports peaked at $X in 2020, and then dropped modestly in the following year.

Exports by Country

Slovenia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of crispbread exports from Croatia.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +105.6%).

In value terms, the largest markets for crispbread exported from Croatia were Slovenia ($X) and Bosnia and Herzegovina ($X).

Slovenia, with a CAGR of +77.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average crispbread export price stood at $X per ton in 2021, dropping by -2.2% against the previous year. Overall, the export price recorded a deep slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Slovenia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-5.8%).

Crispbread Imports

Imports into Croatia

For the third consecutive year, Croatia recorded growth in supplies from abroad of crispbread, which increased by 6.1% to X tons in 2021. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by 54% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, crispbread imports rose rapidly to $X in 2021. Overall, imports showed strong growth. The growth pace was the most rapid in 2017 with an increase of 61% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Slovenia (X tons) and Austria (X tons) were the main suppliers of crispbread imports to Croatia, with a combined 63% share of total imports. These countries were followed by Italy, Poland, Hungary, Bosnia and Herzegovina and Slovakia, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +129.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread suppliers to Croatia were Germany ($X), Austria ($X) and Slovenia ($X), with a combined 68% share of total imports. These countries were followed by Italy, Hungary, Poland, Bosnia and Herzegovina and Slovakia, which together accounted for a further 21%.

Among the main suppliers, Poland, with a CAGR of +121.1%, recorded 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

The average crispbread import price stood at $X per ton in 2021, rising by 3% against the previous year. Overall, the import price, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 12%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Slovakia ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+23.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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