Croatia: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Croatia

The Croatian preserved swine belly market was estimated at $X in 2020, surging by X% against the previous year. Overall, consumption, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Preserved swine belly consumption peaked in 2020 and is expected to retain growth in the immediate term.

Preserved Swine Belly Production in Croatia

In value terms, preserved swine belly production amounted to $X in 2020 estimated in export prices. Over the period under review, production showed a resilient increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in years to come.

Preserved Swine Belly Exports

Exports from Croatia

For the third year in a row, Croatia recorded growth in shipments abroad of bellies and cuts of swine (salted, in brine, dried or smoked), which increased by X% to X tons in 2020. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, preserved swine belly exports surged to $X in 2020. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are likely to continue growth in years to come.

Exports by Country

Slovenia (X tons) was the main destination for preserved swine belly exports from Croatia, with a X% share of total exports. Moreover, preserved swine belly exports to Slovenia exceeded the volume sent to the second major destination, Austria (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Slovenia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Germany (+X% per year).

In value terms, Slovenia ($X) remains the key foreign market for preserved swine belly exports from Croatia, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Slovenia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Austria (+X% per year).

Export Prices by Country

In 2020, the average preserved swine belly export price amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The export price peaked at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Poland ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Swine Belly Imports

Imports into Croatia

In 2020, supplies from abroad of bellies and cuts of swine (salted, in brine, dried or smoked) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, imports reached the peak of X tons. from 2017 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, preserved swine belly imports skyrocketed to $X in 2020. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Slovenia (X tons) and Italy (X tons) were the main suppliers of preserved swine belly imports to Croatia, with a combined X% share of total imports. These countries were followed by Hungary, Austria and the UK, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine belly suppliers to Croatia were Germany ($X), Italy ($X) and Austria ($X), with a combined X% share of total imports. These countries were followed by Slovenia, Hungary and the UK, which together accounted for a further X terms of the main suppliers, the UK saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average preserved swine belly import price amounted to $X per ton, which is down by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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