Croatia: Beer Market 2024

Beer Market Size in Croatia

The Croatian beer market fell sharply to $X in 2022, declining by -19.2% against the previous year. Overall, consumption showed a pronounced decline. Beer consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Beer Production in Croatia

In value terms, beer production shrank to $X in 2022 estimated in export price. Overall, production saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when the production volume increased by 19% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Beer Exports

Exports from Croatia

In 2022, overseas shipments of beer increased by 68% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, beer exports surged to $X in 2022. Overall, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2020 indices. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Slovenia (X tons) and Hungary (X tons) were the main destinations of beer exports from Croatia, with a combined 94% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +39.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for beer exported from Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Hungary ($X), together accounting for 90% of total exports.

In terms of the main countries of destination, Slovenia, with a CAGR of +31.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average beer export price amounted to $X per ton, declining by -10.8% against the previous year. In general, the export price saw a perceptible downturn. The growth pace was the most rapid in 2016 when the average export price increased by 11%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+2.9%), while the prices for the other major destinations experienced a decline.

Beer Imports

Imports into Croatia

Beer imports into Croatia fell to X tons in 2022, waning by -11.9% against 2021 figures. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 40%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, beer imports shrank to $X in 2022. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by 41%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Slovenia (X tons) constituted the largest beer supplier to Croatia, with a 38% share of total imports. Moreover, beer imports from Slovenia exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Serbia (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovenia amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+16.4% per year) and Serbia (+12.7% per year).

In value terms, Slovenia ($X), Germany ($X) and Serbia ($X) were the largest beer suppliers to Croatia, together comprising 57% of total imports. Hungary, the Netherlands, Austria, Poland, the Czech Republic and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 30%.

Austria, with a CAGR of +16.2%, saw 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

In 2022, the average beer import price amounted to $X per ton, growing by 1.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 8.4%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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