Croatia: Asparagus Market 2024

Asparagus Market Size in Croatia

After three years of growth, the Croatian asparagus market decreased by -27.8% to $X in 2022. In general, consumption, however, continues to indicate a significant expansion. Asparagus consumption peaked at $X in 2021, and then dropped sharply in the following year.

Asparagus Production in Croatia

In value terms, asparagus production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a deep reduction. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average asparagus yield in Croatia rose significantly to X tons per ha, picking up by 11% against the previous year. In general, the yield, however, saw a abrupt slump. The asparagus yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of asparagus were harvested in Croatia; falling by -10% compared with the year before. Over the period under review, the harvested area, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when the harvested area increased by 25%. As a result, the harvested area attained the peak level of X ha, and then fell in the following year.

Asparagus Exports

Exports from Croatia

Asparagus exports from Croatia soared to X tons in 2022, jumping by 55% on 2021 figures. In general, exports saw a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 6,498%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, asparagus exports rose rapidly to $X in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2017 with an increase of 9,397%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Slovenia (X tons) was the main destination for asparagus exports from Croatia, accounting for a 92% share of total exports. It was followed by Serbia (X tons), with a 2.9% share of total exports. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with a 2.6% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to Slovenia stood at +101.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+15.3% per year) and Bosnia and Herzegovina (+16,962.5% per year).

In value terms, Slovenia ($X) remains the key foreign market for asparagus exports from Croatia, comprising 87% of total exports. The second position in the ranking was held by Montenegro ($X), with a 5.8% share of total exports. It was followed by Bosnia and Herzegovina, with a 4% share.

From 2014 to 2022, the average annual growth rate of value to Slovenia stood at +121.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (0.0% per year) and Bosnia and Herzegovina (+22,141.2% per year).

Export Prices by Country

In 2022, the average asparagus export price amounted to $X per ton, shrinking by -26.7% against the previous year. Over the period under review, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 125%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into Croatia

After two years of decline, supplies from abroad of asparagus increased by 12% to X tons in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +9.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 92%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, asparagus imports amounted to $X in 2022. Over the period under review, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 103%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest asparagus supplier to Croatia, with a 71% share of total imports. Moreover, asparagus imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+14.3% per year) and Germany (+99.5% per year).

In value terms, Italy ($X) constituted the largest supplier of asparagus to Croatia, comprising 63% of total imports. The second position in the ranking was held by Spain ($X), with a 17% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+21.0% per year) and Germany (+109.6% per year).

Import Prices by Country

In 2022, the average asparagus import price amounted to $X per ton, dropping by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Slovenia ($X per ton), while the price for Italy ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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