Croatia - Wheat Or Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights

Croatia: Wheat Flour Market Overview 2020

Wheat Flour Market Size in Croatia

The revenue of the wheat flour market in Croatia amounted to $X in 2018, dropping by -X% against the previous year. Overall, wheat flour consumption continues to indicate a significant descent. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, the wheat flour market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Wheat Flour Production in Croatia

In value terms, wheat flour production amounted to $X in 2018 estimated in export prices. Over the period under review, wheat flour production continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, wheat flour production reached its maximum level at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Wheat Flour Exports

Exports from Croatia

In 2018, approx. X tonnes of wheat or meslin flour were exported from Croatia; going up by X% against the previous year. Over the period under review, the total exports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, wheat flour exports amounted to $X in 2018. Overall, wheat flour exports continue to indicate slight growth. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, wheat flour exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Slovenia (X tonnes) was the main destination for wheat flour exports from Croatia, with a X% share of total exports. Moreover, wheat flour exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tonnes), twofold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Slovenia stood at +X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value to Slovenia stood at +X%.

Export Prices by Country

In 2018, the average wheat flour export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the wheat flour export price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the country with the highest price was Bosnia and Herzegovina ($X per tonne), while the average price for exports to Slovenia totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina.

Wheat Flour Imports

Imports into Croatia

In 2018, the amount of wheat or meslin flour imported into Croatia stood at X tonnes, falling by -X% against the previous year. Over the period under review, wheat flour imports continue to indicate an abrupt slump. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. In that year, wheat flour imports reached their peak of X tonnes. From 2012 to 2018, the growth of wheat flour imports remained at a lower figure.

In value terms, wheat flour imports stood at $X in 2018. Over the period under review, the total imports indicated a modest expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wheat flour imports decreased by -X% against 2011 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. In that year, wheat flour imports reached their peak of $X. From 2012 to 2018, the growth of wheat flour imports remained at a lower figure.

Imports by Country

In 2018, Hungary (X tonnes) constituted the largest wheat flour supplier to Croatia, with a X% share of total imports. Moreover, wheat flour imports from Hungary exceeded the figures recorded by the second-largest supplier, Serbia (X tonnes), fivefold. Slovenia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Hungary stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (-X% per year) and Slovenia (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from Hungary was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+X% per year) and Serbia (+X% per year).

Import Prices by Country

The average wheat flour import price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the wheat flour import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is likely to see steady growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Serbia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform