Report Update Nov 1, 2024

Croatia - Anchovies (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Preserved Anchovies Market 2024

Preserved Anchovies Market Size in Croatia

For the third consecutive year, the Croatian preserved anchovies market recorded growth in sales value, which increased by 82% to $X in 2021. Overall, consumption recorded strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Preserved Anchovies Production in Croatia

In value terms, preserved anchovies production surged to $X in 2021 estimated in export price. Overall, production continues to indicate a buoyant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Preserved Anchovies Exports

Exports from Croatia

Preserved anchovies exports from Croatia surged to X tons in 2021, with an increase of 93% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2016 with an increase of 121% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, preserved anchovies exports soared to $X in 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2016 with an increase of 111%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons) was the main destination for preserved anchovies exports from Croatia, with a 72% share of total exports. Moreover, preserved anchovies exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +21.2%.

In value terms, Italy ($X) remains the key foreign market for anchovies (prepared or preserved) exports from Croatia, comprising 66% of total exports. The second position in the ranking was taken by Spain ($X), with a 32% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +25.8%.

Export Prices by Country

In 2021, the average preserved anchovies export price amounted to $X per ton, surging by 8.8% against the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Italy amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.8%).

Preserved Anchovies Imports

Imports into Croatia

In 2021, approx. X tons of anchovies (prepared or preserved) were imported into Croatia; with an increase of 699% compared with the year before. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved anchovies imports soared to $X in 2021. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Albania (X tons) constituted the largest preserved anchovies supplier to Croatia, with a 74% share of total imports. Moreover, preserved anchovies imports from Albania exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Albania amounted to +37.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.5% per year) and Spain (+109.9% per year).

In value terms, Albania ($X) constituted the largest supplier of anchovies (prepared or preserved) to Croatia, comprising 75% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Spain, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value from Albania totaled +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+26.0% per year) and Spain (+74.0% per year).

Import Prices by Country

In 2021, the average preserved anchovies import price amounted to $X per ton, falling by -11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Albania (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anchovies (prepared or preserved) in the world?

The countries with the highest volumes of preserved anchovies consumption in 2021 were China, the United States and India, together accounting for 27% of global consumption. These countries were followed by Japan, Pakistan, Germany, Brazil, Russia, Indonesia, Nigeria, Italy, the UK and Bangladesh, which together accounted for a further 26%.

What are the largest producers of anchovies (prepared or preserved) in the world?

The countries with the highest volumes of preserved anchovies production in 2021 were China, the United States and India, with a combined 27% share of global production. These countries were followed by Japan, Pakistan, Brazil, Germany, Russia, Indonesia, Nigeria, Bangladesh, the UK and Mexico, which together accounted for a further 26%.

What are the leading suppliers of anchovies (prepared or preserved) to Croatia?

In value terms, Albania constituted the largest supplier of preserved anchovies to Croatia, comprising 74% of total imports. The second position in the ranking was occupied by Italy, with a 13% share of total imports. It was followed by Spain, with a 5.5% share.

What are the leading importers of anchovies (prepared or preserved) from Croatia?

In value terms, Italy remains the key foreign market for preserved anchovies exports from Croatia, comprising 66% of total exports. The second position in the ranking was occupied by Spain, with a 32% share of total exports.

What is the average export price for anchovies (prepared or preserved) in Croatia?

The average preserved anchovies export price stood at $3,421 per ton in 2021, dropping by -43.8% against the previous year.

What is the average import price for anchovies (prepared or preserved) in Croatia?

The average preserved anchovies import price stood at $10,284 per ton in 2021, reducing by -11% against the previous year.

This report provides an in-depth analysis of the preserved anchovies market 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.

Product coverage:

Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023