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

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

The Croatian market for frozen pig meat other than cuts or carcases surged to $X in 2022, rising by 16% against the previous year. Overall, consumption, however, continues to indicate a perceptible curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen Pig Meat Other Than Cuts Or Carcases in Croatia

In value terms, production of frozen pig meat other than cuts or carcases shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 11%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports from Croatia

For the fourth consecutive year, Croatia recorded growth in overseas shipments of frozen pig meat other than cuts or carcases, which increased by 22% to X tons in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 125%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of frozen pig meat other than cuts or carcases soared to $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 174% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for exports of frozen pig meat other than cuts or carcases from Croatia, accounting for a 61% share of total exports. Moreover, exports of frozen pig meat other than cuts or carcases to Serbia exceeded the volume sent to the second major destination, Italy (X tons), fivefold. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia totaled +66.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+33.9% per year) and Bosnia and Herzegovina (+35.9% per year).

In value terms, Serbia ($X) emerged as the key foreign market for frozen pig meat other than cuts or carcases exports from Croatia, comprising 70% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 13% share of total exports. It was followed by Italy, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Serbia amounted to +56.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+29.4% per year) and Italy (+21.4% per year).

Export Prices by Country

In 2022, the average export price for frozen pig meat other than cuts or carcases amounted to $X per ton, waning by -4.2% against the previous year. In general, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 22%. 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 Denmark ($X per ton), while the average price for exports to Poland ($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 Denmark (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports into Croatia

In 2022, imports of frozen pig meat other than cuts or carcases into Croatia rose markedly to X tons, surging by 14% on the year before. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of frozen pig meat other than cuts or carcases surged to $X in 2022. Over the period under review, imports, however, showed a noticeable descent. The growth pace was the most rapid in 2019 with an increase of 26%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of frozen pig meat other than cuts or carcases to Croatia, accounting for a 48% share of total imports. Moreover, imports of frozen pig meat other than cuts or carcases from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+8.8% per year) and Spain (-3.7% per year).

In value terms, Germany ($X) constituted the largest supplier of frozen pig meat other than cuts or carcases to Croatia, comprising 44% of total imports. The second position in the ranking was held by Denmark ($X), with a 14% share of total imports. It was followed by Spain, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+5.2% per year) and Spain (-6.1% per year).

Import Prices by Country

The average import price for frozen pig meat other than cuts or carcases stood at $X per ton in 2022, with an increase of 3% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 13%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and Hungary ($X per ton), while the price for Germany ($X per ton) and Denmark ($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 a decline.

Source: IndexBox Platform

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