Report Update Nov 1, 2024

Croatia - Crude Palm Oil - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Crude Palm Oil Market 2024

Crude Palm Oil Market Size in Croatia

In 2022, the Croatian crude palm oil market decreased by -16.4% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, showed a deep contraction. Crude palm oil consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Crude Palm Oil Production in Croatia

In value terms, crude palm oil production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep reduction. Crude palm oil production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Crude Palm Oil Exports

Exports from Croatia

In 2022, exports of crude palm oil from Croatia declined markedly to X tons, shrinking by -17.9% against 2021. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 268%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, crude palm oil exports dropped significantly to $X in 2022. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 265% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for crude palm oil exports from Croatia, accounting for a 99% share of total exports. It was followed by Slovenia (X kg), with a 0.6% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina stood at +14.7%.

In value terms, Bosnia and Herzegovina ($X) emerged as the key foreign market for crude palm oil exports from Croatia, comprising 98% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 1.6% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina totaled +9.4%.

Export Prices by Country

In 2022, the average crude palm oil export price amounted to $X per ton, shrinking by -47.7% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 42%. As a result, the export price reached the peak level of $X per ton, and then declined significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Bosnia and Herzegovina totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

Crude Palm Oil Imports

Imports into Croatia

In 2022, approx. X kg of crude palm oil were imported into Croatia; falling by -94.3% against 2021 figures. In general, imports, however, posted a temperate increase. The pace of growth appeared the most rapid in 2014 with an increase of 3,068% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, crude palm oil imports contracted markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a modest expansion. The growth pace was the most rapid in 2014 with an increase of 2,277% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X kg) was the main crude palm oil supplier to Croatia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at -41.4%.

In value terms, Italy ($X) constituted the largest supplier of crude palm oil to Croatia.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled -34.5%.

Import Prices by Country

In 2022, the average crude palm oil import price amounted to $X per ton, jumping by 73% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +52.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in the world?

The country with the largest volume of crude palm oil consumption was Indonesia, comprising approx. 50% of total volume. Moreover, crude palm oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. The third position in this ranking was occupied by India, with a 9.9% share.

What are the largest producers of crude palm oil in the world?

The country with the largest volume of crude palm oil production was Indonesia, comprising approx. 58% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia, twofold. The third position in this ranking was occupied by Thailand, with a 4.1% share.

What are the leading suppliers of crude palm oil to Croatia?

In value terms, Malaysia constituted the largest supplier of crude palm oil to Croatia, comprising 92% of total imports. The second position in the ranking was occupied by Slovenia, with a 4.1% share of total imports.

What are the leading importers of crude palm oil from Croatia?

In value terms, the largest markets for crude palm oil exported from Croatia were Slovenia and Bosnia and Herzegovina.

What is the average export price for crude palm oil in Croatia?

In 2021, the average crude palm oil export price amounted to $1,002 per ton, dropping by -7.8% against the previous year.

What is the average import price for crude palm oil in Croatia?

In 2021, the average crude palm oil import price amounted to $1,542 per ton, with a decrease of -48.1% against the previous year.

This report provides an in-depth analysis of the crude palm oil market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 257 - Oil of palm

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023