
Croatia - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends and Insights
Croatia: Market for Wheat and Meslin Flour 2023
Market Size for Wheat and Meslin Flour in Croatia
In 2021, the Croatian wheat and meslin flour market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of 5.7%. Wheat and meslin flour consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Production of Wheat and Meslin Flour in Croatia
In value terms, wheat and meslin flour production contracted to $X in 2021 estimated in export price. Overall, production recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 12% against the previous year. Wheat and meslin flour production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Exports of Wheat and Meslin Flour
Exports from Croatia
Wheat and meslin flour exports from Croatia dropped to X tons in 2021, which is down by -11.9% on the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 22%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
In value terms, wheat and meslin flour exports declined slightly to $X in 2021. In general, exports showed a slight decline. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
Exports by Country
Bosnia and Herzegovina (X tons), Slovenia (X tons) and Kosovo (X tons) were the main destinations of wheat and meslin flour exports from Croatia, with a combined 97% share of total exports. Sweden lagged somewhat behind, accounting for a further 2.3%.
From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +28.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for wheat and meslin flour exported from Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Kosovo ($X), with a combined 94% share of total exports. These countries were followed by Sweden, which accounted for a further 4.6%.
Among the main countries of destination, Sweden, with a CAGR of +31.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average wheat and meslin flour export price stood at $X per ton in 2021, surging by 12% against the previous year. In general, the export price, however, continues to indicate a slight setback. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to Kosovo ($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 Kosovo (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wheat and Meslin Flour
Imports into Croatia
In 2021, after three years of decline, there was significant growth in purchases abroad of wheat and meslin flour, when their volume increased by 38% to X tons. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2013 when imports increased by 506% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, wheat and meslin flour imports surged to $X in 2021. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 286%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, Hungary (X tons) constituted the largest supplier of wheat and meslin flour to Croatia, accounting for a 47% share of total imports. Moreover, wheat and meslin flour imports from Hungary exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold. Serbia (X tons) ranked third in terms of total imports with a 15% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Hungary amounted to +118.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+42.7% per year) and Serbia (+30.9% per year).
In value terms, the largest wheat and meslin flour suppliers to Croatia were Hungary ($X), Austria ($X) and Serbia ($X), together comprising 75% of total imports.
Hungary, with a CAGR of +100.6%, 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 wheat and meslin flour import price stood at $X per ton in 2021, with an increase of 16% against the previous year. In general, the import price, however, showed a abrupt decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for wheat and meslin flour in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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