Croatia: Market for Crabs and Crab Meat 2024

Market Size for Crabs and Crab Meat in Croatia

The Croatian crab and crab meat market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, showed a abrupt decline. Crab and crab meat consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Crabs and Crab Meat in Croatia

In value terms, crab and crab meat production soared to $X in 2021 estimated in export price. Overall, production, however, showed a deep reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 60% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Crabs and Crab Meat

Exports from Croatia

In 2021, the amount of crabs and crab meat exported from Croatia soared to X tons, picking up by 93% against the year before. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 840%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, crab and crab meat exports soared to $X in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 795% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for crab and crab meat exports from Croatia, with a 84% share of total exports. Moreover, crab and crab meat exports to Italy exceeded the volume sent to the second major destination, Serbia (X kg), more than tenfold. Bosnia and Herzegovina (X kg) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +44.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+36.3% per year) and Bosnia and Herzegovina (-6.0% per year).

In value terms, Italy ($X) remains the key foreign market for crabs and crab meat exports from Croatia, comprising 78% of total exports. The second position in the ranking was held by Serbia ($X), with an 8.5% share of total exports. It was followed by Bosnia and Herzegovina, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to +45.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+36.6% per year) and Bosnia and Herzegovina (+3.1% per year).

Export Prices by Country

The average crab and crab meat export price stood at $X per ton in 2021, with a decrease of -3.7% against the previous year. Over the period under review, the export price, however, enjoyed a modest increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 72%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Italy ($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 Bosnia and Herzegovina (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crabs and Crab Meat

Imports into Croatia

In 2021, supplies from abroad of crabs and crab meat was finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by 197%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, crab and crab meat imports soared to $X in 2021. Over the period under review, imports saw slight growth. The pace of growth was the most pronounced in 2015 with an increase of 173%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest crab and crab meat supplier to Croatia, with a 53% share of total imports. Moreover, crab and crab meat imports from Italy exceeded the figures recorded by the second-largest supplier, Slovenia (X kg), threefold. The third position in this ranking was taken by Germany (X kg), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to -14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (-9.5% per year) and Germany (+113.4% per year).

In value terms, Italy ($X) constituted the largest supplier of crabs and crab meat to Croatia, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+113.3% per year) and the Netherlands (+34.4% per year).

Import Prices by Country

In 2021, the average crab and crab meat import price amounted to $X per ton, waning by -11.5% against the previous year. Overall, the import price, however, enjoyed prominent growth. The growth pace was the most rapid in 2017 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then reduced in the following year.

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 Germany ($X per ton), while the price for France ($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 Netherlands (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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