Croatia: Preserved Pork Market 2021

Preserved Pork Market Size in Croatia

In 2020, the Croatian preserved pork market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019, and then dropped sharply in the following year.

Preserved Pork Production in Croatia

In value terms, preserved pork production dropped to $X in 2020 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. Preserved pork production peaked at $X in 2019, and then declined in the following year.

Preserved Pork Exports

Exports from Croatia

For the fourth consecutive year, Croatia recorded growth in overseas shipments of pig meat salted (salted, in brine, dried or smoked), which increased by X% to X tons in 2020. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, preserved pork exports surged to $X in 2020. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see steady growth in the near future.

Exports by Country

Slovenia (X tons) was the main destination for preserved pork exports from Croatia, accounting for a X% share of total exports. Moreover, preserved pork exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), sixfold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Slovenia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+X% per year) and Germany (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Slovenia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Poland (+X% per year).

Export Prices by Country

In 2020, the average preserved pork export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per ton in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Serbia, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Pork Imports

Imports into Croatia

After two years of growth, overseas purchases of pig meat salted (salted, in brine, dried or smoked) decreased by -X% to X tons in 2020. Overall, imports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked at X tons in 2019, and then contracted notably in the following year.

In value terms, preserved pork imports reduced remarkably to $X in 2020. Over the period under review, total imports indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Italy (X tons) constituted the largest supplier of preserved pork to Croatia, accounting for a X% share of total imports. Moreover, preserved pork imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Slovenia (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Slovenia (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average preserved pork import price stood at $X per ton in 2020, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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