Croatia: Sour Cherry Market 2024

Sour Cherry Market Size in Croatia

The Croatian sour cherry market expanded markedly to $X in 2022, picking up by 6.1% against the previous year. Overall, consumption saw a notable expansion. Sour cherry consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sour Cherry Production in Croatia

In value terms, sour cherry production rose slightly to $X in 2022 estimated in export price. Overall, production posted a strong increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 459% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

In 2022, the average yield of sour cherries in Croatia expanded markedly to X tons per ha, with an increase of 6.1% on the previous year. In general, the yield indicated a resilient increase from 2012 to 2022: its figure increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sour cherry yield decreased by -27.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the yield increased by 135% against the previous year. The sour cherry yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the sour cherry harvested area in Croatia dropped slightly to X ha, leveling off at 2021. Over the period under review, the harvested area recorded a pronounced contraction. The pace of growth appeared the most rapid in 2014 with an increase of 20% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the sour cherry harvested area remained at a lower figure.

Sour Cherry Exports

Exports from Croatia

Sour cherry exports from Croatia contracted to X tons in 2022, dropping by -10.7% against the previous year's figure. Over the period under review, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 1,462% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sour cherry exports reduced to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 1,022%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons), Austria (X tons) and Italy (X tons) were the main destinations of sour cherry exports from Croatia, together accounting for 74% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +110.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sour cherry exported from Croatia were the Czech Republic ($X), Italy ($X) and Bosnia and Herzegovina ($X), with a combined 71% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +83.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2022, flattening at the previous year. In general, the export price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 178% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat 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 Belgium ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 the Czech Republic (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sour Cherry Imports

Imports into Croatia

In 2022, supplies from abroad of sour cherries decreased by -35.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 6,711% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sour cherry imports declined dramatically to $X in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 1,407% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Serbia (X tons) was the main sour cherry supplier to Croatia, accounting for a 98% share of total imports. It was followed by the Netherlands (X tons), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Serbia amounted to +2.9%.

In value terms, Serbia ($X) constituted the largest supplier of sour cherries to Croatia, comprising 95% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 5.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Serbia stood at +1.8%.

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per ton, growing by 20% against the previous year. In general, the import price, however, showed a noticeable downturn. The growth pace was the most rapid in 2017 when the average import price increased by 781% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Serbia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :