Croatia: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Croatia

In 2023, the Croatian wine of fresh grapes market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. Wine of fresh grapes consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Croatia

In value terms, wine of fresh grapes production dropped to $X in 2023 estimated in export price. Over the period under review, production showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Croatia

After two years of growth, shipments abroad of wine of fresh grapes (except sparkling wine) decreased by X% to X litres in 2023. In general, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X litres in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, wine of fresh grapes exports totaled $X in 2023. Over the period under review, total exports indicated a measured expansion from 2012 to 2023: its value 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. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Bosnia and Herzegovina (X litres) was the main destination for wine of fresh grapes exports from Croatia, with a X% share of total exports. Moreover, wine of fresh grapes exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Germany (X litres), threefold. Montenegro (X litres) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Montenegro (X% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for wine of fresh grapes (except sparkling wine) exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Montenegro, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Bosnia and Herzegovina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Montenegro (X% per year).

Export Prices by Country

In 2023, the average wine of fresh grapes export price amounted to $X per litre, with an increase of X% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2023: its price 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. Based on 2023 figures, wine of fresh grapes export price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per litre), while the average price for exports to Slovakia ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Croatia

In 2023, supplies from abroad of wine of fresh grapes (except sparkling wine) decreased by X% to X litres, falling for the second consecutive year after two years of growth. In general, total imports indicated a moderate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X litres in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, wine of fresh grapes imports surged to $X in 2023. Over the period under review, total imports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked in 2023 and are likely to see steady growth in the near future.

Imports by Country

North Macedonia (X litres), Hungary (X litres) and Bosnia and Herzegovina (X litres) were the main suppliers of wine of fresh grapes imports to Croatia, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wine of fresh grapes suppliers to Croatia were North Macedonia ($X), Italy ($X) and Bosnia and Herzegovina ($X), with a combined X% share of total imports. Hungary, Slovenia, Germany, Serbia and Kosovo lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, 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 wine of fresh grapes import price stood at $X per litre in 2023, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per litre), while the price for Hungary ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform