Croatia: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Croatia

For the fourth year in a row, the Croatian pineapple juice (single strength) market recorded growth in sales value, which increased by 76% to $X in 2021. In general, consumption showed a significant expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Production of Pineapple Juice (Single Strength) in Croatia

In value terms, pineapple juice (single strength) production declined to $X in 2021 estimated in export price. Over the period under review, production, however, saw prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 57% against the previous year. Pineapple juice (single strength) production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Croatia

In 2021, after two years of decline, there was significant growth in shipments abroad of pineapple juice (single strength), when their volume increased by 28% to X tons. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 29% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, pineapple juice (single strength) exports expanded rapidly to $X in 2021. Over the period under review, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 48%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for pineapple juice (single strength) exports from Croatia, accounting for a 48% share of total exports. Moreover, pineapple juice (single strength) exports to Germany exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 21% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +83.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-21.3% per year) and the United Arab Emirates (+205.4% per year).

In value terms, the largest markets for pineapple juice (single strength) exported from Croatia were Germany ($X), Bosnia and Herzegovina ($X) and the United Arab Emirates ($X), together accounting for 89% of total exports.

The United Arab Emirates, with a CAGR of +172.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average pineapple juice (single strength) export price amounted to $X per ton, with a decrease of -11.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 48% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Germany ($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 (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pineapple Juice (Single Strength)

Imports into Croatia

In 2021, supplies from abroad of pineapple juice (single strength) increased by 98% to X tons, rising for the fourth year in a row after two years of decline. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pineapple juice (single strength) imports soared to $X in 2021. Over the period under review, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovenia (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of pineapple juice (single strength) imports to Croatia, together accounting for 80% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +60.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pineapple juice (single strength) suppliers to Croatia were Slovenia ($X), Germany ($X) and France ($X), together accounting for 73% of total imports.

In terms of the main suppliers, France, with a CAGR of +69.2%, 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

In 2021, the average pineapple juice (single strength) import price amounted to $X per ton, increasing by 9.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 10%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :