Croatia: Molluscs Market 2024

Molluscs Market Size in Croatia

The Croatian molluscs market soared to $X in 2021, picking up by 65% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Molluscs Production in Croatia

In value terms, molluscs production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a strong increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 37%. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

Molluscs Exports

Exports from Croatia

In 2021, shipments abroad of molluscs (scallops, mussels, cuttle fish, squid and octopus) was finally on the rise to reach X tons after two years of decline. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -20.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 62%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, molluscs exports surged to $X in 2021. Overall, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 45% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Slovenia (X tons) was the main destination for molluscs exports from Croatia, with a 61% share of total exports. Moreover, molluscs exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X tons), sixfold. Italy (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia totaled +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-0.3% per year) and Italy (+34.4% per year).

In value terms, Slovenia ($X) remains the key foreign market for molluscs (scallops, mussels, cuttle fish, squid and octopus) exports from Croatia, comprising 62% of total exports. The second position in the ranking was taken by Italy ($X), with an 11% share of total exports. It was followed by Serbia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Slovenia stood at +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+41.5% per year) and Serbia (+5.5% per year).

Export Prices by Country

In 2021, the average molluscs export price amounted to $X per ton, surging by 5.5% against the previous year. Over the last nine years, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Molluscs Imports

Imports into Croatia

In 2021, approx. X tons of molluscs (scallops, mussels, cuttle fish, squid and octopus) were imported into Croatia; with an increase of 68% on the previous year's figure. In general, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% 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 -8.1% against 2019 indices. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, molluscs imports soared to $X in 2021. Over the period under review, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest molluscs supplier to Croatia, with a 78% share of total imports. Moreover, molluscs imports from Spain exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+32.7% per year) and the Netherlands (+81.7% per year).

In value terms, Spain ($X) constituted the largest supplier of molluscs (scallops, mussels, cuttle fish, squid and octopus) to Croatia, comprising 76% of total imports. The second position in the ranking was held by Slovenia ($X), with an 8.1% share of total imports. It was followed by Italy, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+45.6% per year) and Italy (+18.4% per year).

Import Prices by Country

In 2021, the average molluscs import price amounted to $X per ton, surging by 7.8% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, molluscs import price increased by +75.0% against 2013 indices. The growth pace was the most rapid in 2016 an increase of 19%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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