Croatia: Frozen Fish Market 2024

Frozen Fish Market Size in Croatia

The Croatian frozen fish market skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption showed a strong increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Frozen Fish Production in Croatia

In value terms, frozen fish production contracted to $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Frozen fish production peaked at $X in 2021, and then fell in the following year.

Frozen Fish Exports

Exports from Croatia

In 2022, exports of frozen fish from Croatia rose notably to X tons, surging by X% on 2021 figures. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen fish exports expanded to $X in 2022. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Spain (X tons) was the main destination for frozen fish exports from Croatia, accounting for a X% share of total exports. Moreover, frozen fish exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), fourfold. Greece (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Spain ($X) remains the key foreign market for frozen fish exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Serbia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Serbia (X% per year).

Export Prices by Country

In 2022, the average frozen fish export price amounted to $X per ton, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to France ($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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Imports

Imports into Croatia

In 2022, the amount of frozen fish imported into Croatia soared to X tons, rising by X% against the year before. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, frozen fish imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Morocco (X tons) and Spain (X tons) were the main suppliers of frozen fish imports to Croatia, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Argentina ($X) appeared to be the largest frozen fish suppliers to Croatia, with a combined X% share of total imports. Morocco, Slovenia, Denmark, Portugal, Poland, France, Sweden, Norway and Estonia lagged somewhat behind, together accounting for a further X%.

Morocco, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average frozen fish import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum 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 Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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