Croatia - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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Pig Fat Market Size in Croatia
The Croatian pig fat market skyrocketed to $X in 2022, surging by 29% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +16.7% against 2019 indices. Pig fat consumption peaked in 2022 and is expected to retain growth in the immediate term.
Pig Fat Production in Croatia
In value terms, pig fat production skyrocketed to $X in 2022 estimated in export price. In general, production saw a deep contraction. Pig fat production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Pig Fat Exports
Exports from Croatia
In 2022, the amount of pig fat exported from Croatia soared to X tons, with an increase of 75% against 2021 figures. In general, exports showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 1,038%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, pig fat exports surged to $X in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 800%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports by Country
Serbia (X tons) was the main destination for pig fat exports from Croatia, with a 50% share of total exports. Moreover, pig fat exports to Serbia exceeded the volume sent to the second major destination, Italy (X tons), twofold. Bulgaria (X tons) ranked third in terms of total exports with an 8.2% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia amounted to +64.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+1,293.4% per year) and Bulgaria (+811.7% per year).
In value terms, Serbia ($X) emerged as the key foreign market for pig fat exports from Croatia, comprising 58% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 16% share of total exports. It was followed by Italy, with an 11% share.
From 2012 to 2022, the average annual growth rate of value to Serbia totaled +96.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+885.1% per year) and Italy (+989.6% per year).
Export Prices by Country
The average pig fat export price stood at $X per ton in 2022, picking up by 128% against the previous year. Overall, the export price, however, saw a slight setback. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Slovakia ($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 (+66.2%), while the prices for the other major destinations experienced more modest paces of growth.
Pig Fat Imports
Imports into Croatia
In 2022, the amount of pig fat imported into Croatia shrank to X tons, dropping by -4.1% compared with the year before. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 40%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.
In value terms, pig fat imports surged to $X in 2022. In general, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by 54% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
Imports by Country
In 2022, Germany (X tons) constituted the largest pig fat supplier to Croatia, accounting for a 43% share of total imports. Moreover, pig fat imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Austria (X tons), with a 14% share.
From 2012 to 2022, the average annual growth rate of volume from Germany totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.0% per year) and Austria (+4.2% per year).
In value terms, Germany ($X) constituted the largest supplier of pig fat to Croatia, comprising 41% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total imports. It was followed by Austria, with a 15% share.
From 2012 to 2022, the average annual growth rate of value from Germany stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.9% per year) and Austria (+3.7% per year).
Import Prices by Country
The average pig fat import price stood at $X per ton in 2022, jumping by 47% against the previous year. In general, the import price, however, continues to indicate a mild descent. The growth pace was the most rapid in 2019 an increase of 59% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($X per ton) and Italy ($X per ton), while the price for the Netherlands ($X per ton) and Germany ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pig fat market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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