Croatia: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Croatia

In 2022, the Croatian market for fresh or chilled pig meat other than cuts or carcases increased by 12% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption continues to indicate a prominent increase. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Croatia

In value terms, production of fresh or chilled pig meat other than cuts or carcases rose sharply to $X in 2022 estimated in export price. Overall, production, however, showed slight growth. The most prominent rate of growth was recorded in 2014 with an increase of 72%. Over the period under review, production of attained the peak level in 2022 and is likely to see steady growth in the near future.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports from Croatia

In 2022, overseas shipments of fresh or chilled pig meat other than cuts or carcases increased by 30% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 2,325% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 3,171% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Slovenia (X tons), Serbia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of exports of fresh or chilled pig meat other than cuts or carcases from Croatia, together accounting for 93% of total exports. Bulgaria and Montenegro lagged somewhat behind, together accounting for a further 6.5%.

From 2012 to 2022, the biggest increases were recorded for Montenegro (with a CAGR of +77.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fresh pork other than cuts or carcases exported from Croatia were Slovenia ($X), Serbia ($X) and Bosnia and Herzegovina ($X), with a combined 91% share of total exports. Bulgaria and Montenegro lagged somewhat behind, together comprising a further 7.7%.

In terms of the main countries of destination, Montenegro, with a CAGR of +74.0%, 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 export price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, increasing by 7.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Bulgaria (+12.0%), while the prices for the other major destinations experienced a decline.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports into Croatia

In 2022, purchases abroad of fresh or chilled pig meat other than cuts or carcases increased by 3.9% to X tons, rising for the third consecutive year after two years of decline. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 99%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 104%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Germany (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of imports of fresh or chilled pig meat other than cuts or carcases to Croatia, with a combined 67% share of total imports. Hungary, France, Denmark, Austria and Poland lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +71.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh pork other than cuts or carcases suppliers to Croatia were Spain ($X), Germany ($X) and Hungary ($X), with a combined 67% share of total imports. The Netherlands, France, Denmark, Austria and Poland lagged somewhat behind, together comprising a further 29%.

In terms of the main suppliers, France, with a CAGR of +67.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, increasing by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2019 an increase of 16%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($X per ton) and Austria ($X per ton), while the price for France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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