Croatia: Egg Product Market 2024

Egg Product Market Size in Croatia

In 2022, the Croatian egg product market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Egg Product Production in Croatia

In value terms, egg product production soared to $X in 2022 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2022: its value 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, production increased by X% against 2020 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Egg Product Exports

Exports from Croatia

After three years of growth, overseas shipments of egg products decreased by X% to X tons in 2022. Overall, exports, however, saw a strong increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, egg product exports rose rapidly to $X in 2022. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Serbia (X tons) was the main destination for egg product exports from Croatia, with a X% share of total exports. Moreover, egg product exports to Serbia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold. North Macedonia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia 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 North Macedonia (X% per year).

In value terms, Serbia ($X) remains the key foreign market for egg products exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by North Macedonia ($X), with an X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Serbia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

The average egg product export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price, however, recorded a noticeable setback. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 mixed trend patterns.

Egg Product Imports

Imports into Croatia

In 2022, supplies from abroad of egg products increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, egg product imports soared to $X in 2022. Over the period under review, imports saw buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Slovenia (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of egg product imports to Croatia, with a combined X% share of total imports. Poland, the Netherlands and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Slovenia ($X) and Poland ($X) appeared to be the largest egg product suppliers to Croatia, with a combined X% share of total imports. The Netherlands, Italy and Lithuania lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 egg product import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated a resilient 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, egg product import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Lithuania ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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