Croatia: Pig Fat Market 2020

Pig Fat Market Size in Croatia

The revenue of the pig fat market in Croatia amounted to $X in 2018, dropping by -X% against the previous year. Overall, the total market indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Pig fat consumption peaked at $X in 2017, and then declined slightly in the following year.

Pig Fat Production in Croatia

In value terms, pig fat production amounted to $X in 2018 estimated in export prices. In general, pig fat production continues to indicate a measured increase. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Pig fat production peaked at $X in 2012; however, from 2013 to 2018, production stood at a somewhat lower figure.

Pig Fat Exports

Exports from Croatia

In 2018, the exports of pig fat from Croatia stood at X tons, dropping by -X% against the previous year. Over the period under review, pig fat exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, pig fat exports reached their peak figure at X tons in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, pig fat exports stood at $X in 2018. Over the period under review, pig fat exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, pig fat exports attained their peak figure at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for pig fat exports from Croatia, accounting for a X% share of total exports. Moreover, pig fat exports to Slovakia exceeded the volume sent to the second major destination, the Netherlands (X tons), ninefold. Austria (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Austria (+X% per year).

In value terms, Slovakia ($X) remains the key foreign market for pig fat exports from Croatia, comprising X% of total pig fat exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Slovenia (+X% per year).

Export Prices by Country

In 2018, the average pig fat export price amounted to $X per ton, growing by X% against the previous year. Overall, the pig fat export price, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Pig Fat Imports

Imports into Croatia

In 2018, the amount of pig fat imported into Croatia amounted to X tons, jumping by X% against the previous year. Overall, pig fat imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, pig fat imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, pig fat imports stood at $X in 2018. Over the period under review, the total imports indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, Germany (X tons) constituted the largest pig fat supplier to Croatia, accounting for a X% share of total imports. Moreover, pig fat imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), fivefold. Chile (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Chile (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of pig fat to Croatia, comprising X% of total pig fat imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average pig fat import price stood at $X per ton in 2018, falling by -X% against the previous year. In general, the pig fat import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. In that year, the average import prices for pig fat attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for pig fat failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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