Croatia: Sorghum Market 2024

Sorghum Market Size in Croatia

For the third consecutive year, the Croatian sorghum market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, faced a precipitous shrinkage. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Sorghum Production in Croatia

In value terms, sorghum production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average yield of sorghum in Croatia amounted to X tons per ha, growing by X% compared with 2021 figures. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average sorghum yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sorghum were harvested in Croatia; dropping by X% against 2021 figures. In general, the harvested area saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to sorghum production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

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Sorghum Exports

Exports from Croatia

Sorghum exports from Croatia contracted notably to X tons in 2022, shrinking by X% on 2021 figures. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, sorghum exports shrank significantly to $X in 2022. Overall, exports faced a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for sorghum exports from Croatia, with a X% share of total exports. Moreover, sorghum exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X kg), more than tenfold.

From 2014 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina stood at X%.

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

From 2014 to 2022, the average annual growth rate of value to Bosnia and Herzegovina totaled X%.

Export Prices by Country

In 2022, the average sorghum export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, 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 totaled $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%).

Sorghum Imports

Imports into Croatia

In 2022, the amount of sorghum imported into Croatia skyrocketed to X tons, jumping by X% against the year before. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sorghum imports reached $X in 2022. Overall, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) was the main sorghum supplier to Croatia, with a X% share of total imports. It was followed by Hungary (X tons), with a X% share of total imports. The third position in this ranking was taken by Slovenia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X) constituted the largest supplier of sorghum to Croatia, comprising X% of total imports. The second position in the ranking was held by Slovenia ($X), with a X% share of total imports. It was followed by Hungary, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Hungary (X% per year).

Import Prices by Country

The average sorghum import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, 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

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