Croatia: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Croatia

The Croatian preserved frozen potato market soared to $X in 2021, jumping by 38% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Preserved Frozen Potato Exports

Exports from Croatia

In 2021, approx. X tons of frozen potatoes prepared or preserved were exported from Croatia; increasing by 18% on the previous year. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2015 with an increase of 215% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved frozen potato exports surged to $X in 2021. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 148%. Over the period under review, the exports hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Exports by Country

Slovenia (X tons) was the main destination for preserved frozen potato exports from Croatia, with a 95% share of total exports. It was followed by Bosnia and Herzegovina (X tons), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Slovenia stood at +53.9%.

In value terms, Slovenia ($X) remains the key foreign market for frozen potatoes prepared or preserved exports from Croatia, comprising 95% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovenia stood at +46.6%.

Export Prices by Country

The average preserved frozen potato export price stood at $X per ton in 2021, with an increase of 5.8% against the previous year. Overall, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2020 when the average export price increased by 7.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Slovenia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-4.7%).

Preserved Frozen Potato Imports

Imports into Croatia

In 2021, imports of frozen potatoes prepared or preserved into Croatia surged to X tons, picking up by 36% against the year before. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato imports soared to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.7% against 2019 indices. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of preserved frozen potato imports to Croatia, together comprising 90% of total imports. These countries were followed by Germany, Slovenia and Austria, which together accounted for a further 7.7%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +44.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved frozen potato suppliers to Croatia were the Netherlands ($X), Belgium ($X) and Poland ($X), with a combined 87% share of total imports. These countries were followed by Germany, Slovenia and Austria, which together accounted for a further 8.6%.

In terms of the main suppliers, Slovenia, with a CAGR of +47.6%, saw 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

In 2021, the average preserved frozen potato import price amounted to $X per ton, approximately equating the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :