Croatia: Apple Juice Market 2024

Apple Juice Market Size in Croatia

In 2021, the Croatian apple juice market was finally on the rise to reach $X after two years of decline. In general, consumption enjoyed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Apple Juice Production in Croatia

In value terms, apple juice production surged to $X in 2021 estimated in export price. Overall, production showed a dramatic contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 41% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Apple Juice Exports

Exports from Croatia

In 2021, overseas shipments of apple juice (single strength) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 233%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, apple juice exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 216% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Slovenia (X tons) was the main destination for apple juice exports from Croatia, with a 44% share of total exports. Moreover, apple juice exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold. Germany (X tons) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia totaled +245.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+2.9% per year) and Germany (+238.4% per year).

In value terms, Slovenia ($X) remains the key foreign market for apple juice (single strength) exports from Croatia, comprising 53% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 23% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Slovenia stood at +264.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+5.8% per year) and Germany (+192.3% per year).

Export Prices by Country

The average apple juice export price stood at $X per ton in 2021, surging by 20% against the previous year. In general, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, apple juice export price increased by +54.0% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Austria ($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 (+86.7%), while the prices for the other major destinations experienced more modest paces of growth.

Apple Juice Imports

Imports into Croatia

In 2021, supplies from abroad of apple juice (single strength) increased by 31% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports posted a strong expansion. The growth pace was the most rapid in 2015 when imports increased by 56%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, apple juice imports surged to $X in 2021. Over the period under review, imports showed resilient growth. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Hungary (X tons), Slovenia (X tons) and France (X tons) were the main suppliers of apple juice imports to Croatia, together comprising 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +266.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Slovenia ($X) and France ($X) appeared to be the largest apple juice suppliers to Croatia, together comprising 68% of total imports.

France, with a CAGR of +216.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average apple juice import price amounted to $X per ton, growing by 13% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat 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 Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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