Croatia: Couscous Market 2024

Couscous Market Size in Croatia

In 2021, the Croatian couscous market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Couscous Production in Croatia

In value terms, couscous production rose notably to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of 64% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Couscous Exports

Exports from Croatia

In 2021, couscous exports from Croatia skyrocketed to X tons, increasing by 417% on the year before. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 1,130% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, couscous exports soared to $X in 2021. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons) was the main destination for couscous exports from Croatia, accounting for a 65% share of total exports. Moreover, couscous exports to Slovenia exceeded the volume sent to the second major destination, Montenegro (X kg), fourfold. The third position in this ranking was taken by Sweden (X kg), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia stood at +133.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (+21.2% per year) and Sweden (+483.1% per year).

In value terms, Slovenia ($X) emerged as the key foreign market for couscous exports from Croatia, comprising 68% of total exports. The second position in the ranking was taken by Montenegro ($X), with a 17% share of total exports. It was followed by Sweden, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value to Slovenia totaled +143.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (+17.8% per year) and Sweden (+216.2% per year).

Export Prices by Country

In 2021, the average couscous export price amounted to $X per ton, waning by -10.7% against the previous year. In general, the export price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 178%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kosovo ($X per ton), while the average price for exports to Sweden ($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 Slovenia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Couscous Imports

Imports into Croatia

Couscous imports into Croatia soared to X tons in 2021, jumping by 65% on 2020 figures. Overall, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, couscous imports skyrocketed to $X in 2021. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Slovenia (X tons) were the main suppliers of couscous imports to Croatia, with a combined 63% share of total imports. These countries were followed by France, Germany, Hungary, Austria and the Czech Republic, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +83.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Hungary ($X) appeared to be the largest couscous suppliers to Croatia, together accounting for 56% of total imports. Slovenia, France, Germany, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 42%.

Germany, with a CAGR of +70.9%, saw the highest growth rate of the value of imports, in terms of 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 2021, the average couscous import price amounted to $X per ton, falling by -9.7% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of 7.5% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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