Croatia: Dried Prune Market 2024

Dried Prune Market Size in Croatia

In 2022, after two years of growth, there was significant decline in the Croatian dried prune market, when its value decreased by -8.7% to $X. In general, consumption, however, enjoyed a slight expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Dried Prune Production in Croatia

In value terms, dried prune production contracted to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 146%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Dried Prune Exports

Exports from Croatia

In 2022, the amount of dried prunes exported from Croatia soared to X tons, growing by 49% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 306%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, dried prune exports soared to $X in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 226%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Slovenia (X tons), Slovakia (X tons) and Serbia (X tons) were the main destinations of dried prune exports from Croatia, with a combined 90% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +190.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Slovakia ($X) and Serbia ($X) appeared to be the largest markets for dried prune exported from Croatia worldwide, together accounting for 89% of total exports.

In terms of the main countries of destination, Slovakia, with a CAGR of +206.1%, recorded 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 dried prune export price stood at $X per ton in 2022, picking up by 30% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried prune export price increased by +88.5% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Romania ($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 Hungary (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into Croatia

In 2022, purchases abroad of dried prunes decreased by -12.5% to X tons, falling for the second year in a row after five years of growth. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 31%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, dried prune imports skyrocketed to $X in 2022. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Serbia (X tons) constituted the largest supplier of dried prune to Croatia, with a 64% share of total imports. Moreover, dried prune imports from Serbia exceeded the figures recorded by the second-largest supplier, Chile (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from Serbia totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+5.5% per year) and Poland (+18.8% per year).

In value terms, Serbia ($X) constituted the largest supplier of dried prunes to Croatia, comprising 57% of total imports. The second position in the ranking was held by Chile ($X), with a 22% share of total imports. It was followed by Poland, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from Serbia amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+15.5% per year) and Poland (+29.1% per year).

Import Prices by Country

The average dried prune import price stood at $X per ton in 2022, jumping by 57% against the previous year. Over the period under review, the import price saw a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Hungary ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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