Croatia: Lemon And Lime Market 2024

Lemon And Lime Market Size in Croatia

In 2022, after two years of growth, there was decline in the Croatian lemon and lime market, when its value decreased by -2.2% to $X. The market value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021, and then fell modestly in the following year.

Lemon And Lime Production in Croatia

In value terms, lemon and lime production rose remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2015 when the production volume increased by 40% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

The average yield of lemons and limes in Croatia soared to X tons per ha in 2022, picking up by 17% against the previous year. Over the period under review, the yield, however, showed a abrupt contraction. The growth pace was the most rapid in 2017 when the yield increased by 261%. Over the period under review, the average lemon and lime yield reached the maximum level at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of lemons and limes in Croatia declined to X ha, waning by -8.3% compared with 2021 figures. Over the period under review, the harvested area, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 110%. As a result, the harvested area reached the peak level of X ha. From 2017 to 2022, the growth of the lemon and lime harvested area failed to regain momentum.

Lemon And Lime Exports

Exports from Croatia

For the third consecutive year, Croatia recorded growth in overseas shipments of lemons and limes, which increased by 69% to X tons in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2013 with an increase of 2,392% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, lemon and lime exports surged to $X in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2014 when exports increased by 2,171%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Slovenia (X tons) was the main destination for lemon and lime exports from Croatia, with a 67% share of total exports. Moreover, lemon and lime exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), sixfold. Italy (X tons) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia stood at +108.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+130.7% per year) and Italy (+88.1% per year).

In value terms, Slovenia ($X) remains the key foreign market for lemons and limes exports from Croatia, comprising 69% of total exports. The second position in the ranking was held by Italy ($X), with a 9.3% share of total exports. It was followed by Bosnia and Herzegovina, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at +106.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+82.9% per year) and Bosnia and Herzegovina (+77.9% per year).

Export Prices by Country

In 2022, the average lemon and lime export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2014 an increase of 53%. Over the period under review, the average export prices reached the peak figure 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 Slovenia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Serbia (+1.6%), while the prices for the other major destinations experienced a decline.

Lemon And Lime Imports

Imports into Croatia

In 2022, lemon and lime imports into Croatia expanded markedly to X tons, surging by 5.4% compared with 2021 figures. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.4% 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 +61.5% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 28%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, lemon and lime imports expanded notably to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +79.6% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X tons) constituted the largest lemon and lime supplier to Croatia, with a 37% share of total imports. Moreover, lemon and lime imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-6.2% per year) and the Netherlands (+99.3% per year).

In value terms, Turkey ($X), Spain ($X) and the Netherlands ($X) were the largest lemon and lime suppliers to Croatia, with a combined 65% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +97.4%, 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

The average lemon and lime import price stood at $X per ton in 2022, rising by 8.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 21%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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