Croatia: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Croatia

The Croatian market for frozen, dried and smoked fish surged to $X in 2022, rising by X% against the previous year. In general, the total consumption indicated a pronounced expansion 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 2019 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Frozen, Dried And Smoked Fish in Croatia

In value terms, frozen, dried and smoked fish production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Frozen, dried and smoked fish production peaked at $X in 2021, and then dropped in the following year.

Exports of Frozen, Dried And Smoked Fish

Exports from Croatia

For the fifth consecutive year, Croatia recorded growth in overseas shipments of frozen, dried and smoked fish, which increased by X% to X tons in 2022. In general, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, frozen, dried and smoked fish exports expanded sharply to $X in 2022. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Spain (X tons) was the main destination for frozen, dried and smoked fish exports from Croatia, with a X% share of total exports. Moreover, frozen, dried and smoked fish exports to Spain exceeded the volume sent to the second major destination, Albania (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Italy (X% per year).

In value terms, the largest markets for frozen, dried and smoked fish exported from Croatia were Italy ($X), Spain ($X) and Albania ($X), with a combined X% share of total exports. Bosnia and Herzegovina, Serbia, Slovenia, Greece, Hungary, France, Portugal and Bulgaria lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded 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 export price for frozen, dried and smoked fish stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

Imports of Frozen, Dried And Smoked Fish

Imports into Croatia

Frozen, dried and smoked fish imports into Croatia expanded sharply to X tons in 2022, increasing by X% against the previous year. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen, dried and smoked fish imports soared to $X in 2022. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded 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

The Netherlands (X tons), Spain (X tons) and Morocco (X tons) were the main suppliers of frozen, dried and smoked fish imports to Croatia, together comprising X% of total imports. Portugal, Argentina, Sweden, Estonia, Poland, Norway, France, Slovenia, Italy and Denmark 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, dried and smoked fish suppliers to Croatia were Spain ($X), the Netherlands ($X) and Denmark ($X), with a combined X% share of total imports. Italy, Argentina, Slovenia, Morocco, Sweden, France, Portugal, Poland, Norway and Estonia lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 frozen, dried and smoked fish stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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