Croatia: Honey Market Overview 2021

Honey Market Size in Croatia

After two years of growth, the Croatian honey market decreased by -X% to $X in 2019. Over the period under review, consumption saw a strong increase. The pace of growth appeared the most rapid in 2012 when the market value increased by X% year-to-year. Honey consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Honey Production in Croatia

In value terms, honey production fell to $X in 2019 estimated in export prices. In general, production saw a buoyant expansion. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Honey production peaked at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

Honey Exports

Exports from Croatia

In 2019, honey exports from Croatia fell slightly to X tonnes, reducing by -X% on 2018 figures. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, honey exports fell to $X in 2019. Overall, exports showed a noticeable decline. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Exports by Country

Slovenia (X tonnes), Bosnia and Herzegovina (X tonnes) and Serbia (X tonnes) were the main destinations of honey exports from Croatia, together accounting for X% of total exports. Germany, Switzerland and Poland lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Poland ($X) constituted the largest markets for honey exported from Croatia worldwide, with a combined X% share of total exports.

Poland (+X% per year) recorded 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 honey export price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, export price indicated a mild increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Poland ($X per tonne), while the average price for exports to Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced mixed trend patterns.

Honey Imports

Imports into Croatia

After seven years of growth, purchases abroad of honey decreased by -X% to X tonnes in 2019. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2018, and then dropped sharply in the following year.

In value terms, honey imports fell notably to $X in 2019. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then contracted dramatically in the following year.

Imports by Country

Spain (X tonnes), China (X tonnes) and Poland (X tonnes) were the main suppliers of honey imports to Croatia, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), China ($X) and Poland ($X) were the largest honey suppliers to Croatia, with a combined X% share of total imports. These countries were followed by Hungary, which accounted for a further X (+X% per year) recorded the highest growth rate of 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 honey import price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Hungary ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honey in the world?

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The countries with the highest volumes of honey consumption in 2019 were China (391K tonnes), the U.S. (250K tonnes) and Turkey (113K tonnes), with a combined 37% share of global consumption. Iran, Ukraine, Germany, Russia, the UK, Ethiopia, Japan, France, Mexico and Poland lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of honey in the world?

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The country with the largest volume of honey production was China (456K tonnes), comprising approx. 24% of total volume. Moreover, honey production in China exceeded the figures recorded by the second-largest producer, Turkey (119K tonnes), fourfold. The third position in this ranking was occupied by Iran (81K tonnes), with a 4.2% share.

What are the leading suppliers of honey to Croatia?

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In value terms, the largest honey suppliers to Croatia were Spain ($1.3M), China ($793K) and Poland ($691K), with a combined 84% share of total imports. Hungary lagged somewhat behind, comprising a further 4.2%.

What are the leading importers of honey from Croatia?

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In value terms, Slovenia ($709K), Bosnia and Herzegovina ($631K) and Poland ($162K) appeared to be the largest markets for honey exported from Croatia worldwide, with a combined 78% share of total exports.

What is the average export price for honey in Croatia?

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The average honey export price stood at $4,378 per tonne in 2019, dropping by -11.1% against the previous year.

What is the average import price for honey in Croatia?

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In 2019, the average honey import price amounted to $2,194 per tonne, dropping by -9.9% against the previous year.