Croatia: Frozen Fish Fillet Market 2022

Frozen Fish Fillet Market Size in Croatia

The Croatian frozen fish fillet market skyrocketed to $X in 2021, growing by X% against the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Frozen Fish Fillet Production in Croatia

In value terms, frozen fish fillet production fell markedly to $X in 2021 estimated in export price. Over the period under review, production, however, saw prominent growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X, and then reduced rapidly in the following year.

Frozen Fish Fillet Exports

Exports from Croatia

In 2021, the amount of frozen fish fillet exported from Croatia fell modestly to X tons, remaining constant against the previous year. Over the period under review, exports, however, saw a strong increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then shrank modestly in the following year.

In value terms, frozen fish fillet exports fell to $X in 2021. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Slovenia (X tons) was the main destination for frozen fish fillet exports from Croatia, accounting for a X% share of total exports. Moreover, frozen fish fillet exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X tons), twofold. The third position in this ranking was occupied by Hungary (X tons), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Slovenia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+X% per year) and Hungary (+X% per year).

In value terms, the largest markets for frozen fish fillet exported from Croatia were Slovenia ($X), Taiwan (Chinese) ($X) and Japan ($X), with a combined X% share of total exports.

Taiwan (Chinese), with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen fish fillet export price stood at $X per ton in 2021, which is down by -X% against the previous year. In general, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen fish fillet export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Fillet Imports

Imports into Croatia

In 2021, approx. X tons of frozen fish fillet were imported into Croatia; increasing by X% on 2020 figures. In general, total imports indicated noticeable growth from 2012 to 2021: its volume 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 2021 figures, imports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth imports failed to regain momentum.

In value terms, frozen fish fillet imports surged to $X in 2021. Over the period under review, imports continue to indicate strong growth. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X tons) constituted the largest frozen fish fillet supplier to Croatia, accounting for a X% share of total imports. Moreover, frozen fish fillet imports from Argentina exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the Netherlands (+X% per year).

In value terms, Spain ($X), Argentina ($X) and the Netherlands ($X) were the largest frozen fish fillet suppliers to Croatia, together comprising X% of total imports.

The Netherlands, with a CAGR of +X%, saw 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 frozen fish fillet import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform