Croatia: Pasta Products Market 2024

Pasta Products Market Size in Croatia

In 2022, the Croatian pasta products market increased by 52% to $X, rising for the sixth consecutive year after three years of decline. Overall, consumption showed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pasta Products Production in Croatia

In value terms, pasta products production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. Pasta products production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Pasta Products Exports

Exports from Croatia

In 2022, shipments abroad of dried, undried and frozen pasta and pasta products increased by 18% to X tons, rising for the eighth year in a row after two years of decline. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 1,042% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, pasta products exports soared to $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 621% against the previous year. 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

Germany (X tons), the Netherlands (X tons) and Sweden (X tons) were the main destinations of pasta products exports from Croatia, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +346.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Sweden ($X) were the largest markets for pasta products exported from Croatia worldwide, with a combined 78% share of total exports.

Germany, with a CAGR of +356.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pasta products export price stood at $X per ton in 2022, surging by 23% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta products export price increased by +27.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 47%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Sweden ($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 United Arab Emirates (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports

Imports into Croatia

Pasta products imports into Croatia soared to X tons in 2022, growing by 22% compared with the previous year's figure. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 154%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, pasta products imports soared to $X in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2019 with an increase of 143% against the previous year. Imports peaked 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 pasta products to Croatia, with a 76% share of total imports. Moreover, pasta products imports from Serbia exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), eightfold. The third position in this ranking was taken by Germany (X tons), with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume from Serbia totaled +101.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+46.2% per year) and Germany (+12.8% per year).

In value terms, Serbia ($X) constituted the largest supplier of dried, undried and frozen pasta and pasta products to Croatia, comprising 79% of total imports. The second position in the ranking was held by Slovenia ($X), with a 5.4% share of total imports. It was followed by Germany, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Serbia stood at +124.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+38.6% per year) and Germany (+14.0% per year).

Import Prices by Country

The average pasta products import price stood at $X per ton in 2022, picking up by 18% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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