Croatia: Frozen Crustaceans Market 2024

Frozen Crustaceans Market Size in Croatia

The Croatian frozen crustaceans market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the near future.

Frozen Crustaceans Production in Croatia

In value terms, frozen crustaceans production declined notably to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Frozen Crustaceans Exports

Exports from Croatia

In 2022, shipments abroad of frozen crustaceans decreased by X% to X tons, falling for the third year in a row after four years of growth. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, frozen crustaceans exports contracted slightly to $X in 2022. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X tons), Serbia (X tons) and Slovakia (X tons) were the main destinations of frozen crustaceans exports from Croatia, together accounting for X% of total exports. Montenegro, Italy, Bosnia and Herzegovina, Austria and Albania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen crustaceans exported from Croatia were Slovenia ($X), Montenegro ($X) and Serbia ($X), together accounting for X% of total exports. Slovakia, Austria, Italy, Bosnia and Herzegovina and Albania lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Austria, with a CAGR of X%, saw 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 frozen crustaceans export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, saw a noticeable downturn. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Frozen Crustaceans Imports

Imports into Croatia

Frozen crustaceans imports into Croatia expanded remarkably to X tons in 2022, surging by X% on the previous year's figure. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, frozen crustaceans imports soared to $X in 2022. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of frozen crustaceans imports to Croatia, with a combined X% share of total imports. The Netherlands, Denmark, France, Slovenia and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest frozen crustaceans suppliers to Croatia were Spain ($X), Italy ($X) and the Netherlands ($X), together accounting for X% of total imports. Denmark, China, France, Slovenia and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Slovenia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average frozen crustaceans import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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