Croatia: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Croatia

The Croatian breakfast cereal market was estimated at $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Breakfast Cereal Production in Croatia

In value terms, breakfast cereal production reduced to $X in 2021 estimated in export price. In general, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020, and then fell in the following year.

Breakfast Cereal Exports

Exports from Croatia

In 2021, breakfast cereal exports from Croatia skyrocketed to X tons, jumping by X% compared with the previous year's figure. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, breakfast cereal exports skyrocketed to $X in 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Bosnia and Herzegovina (X tons) and Slovenia (X tons) were the main destinations of breakfast cereal exports from Croatia, with a combined X% share of total exports. These countries were followed by Serbia, Sweden, Hungary and Montenegro, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for breakfast cereal exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

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

Export Prices by Country

The average breakfast cereal export price stood at $X per ton in 2021, jumping by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Hungary ($X per ton), while the average price for exports to Sweden ($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 Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports

Imports into Croatia

In 2021, breakfast cereal imports into Croatia stood at X tons, surging by X% on the year before. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, breakfast cereal imports soared to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of breakfast cereal imports to Croatia, with a combined X% share of total imports. These countries were followed by Serbia, Slovenia, North Macedonia, Hungary, Belgium and Italy, which together accounted for a further X 2012 to 2021, the biggest increases were in Slovenia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest breakfast cereal suppliers to Croatia were the Czech Republic ($X), Poland ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Serbia, North Macedonia, Slovenia, Hungary, Italy and Belgium, which together accounted for a further X terms of the main suppliers, North Macedonia, with a CAGR of +X%, saw the highest rates of growth with regard to 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

The average breakfast cereal import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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