Croatia: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in Croatia

In 2021, the Croatian preserved swine meat market decreased by -60.7% to $X, falling for the second consecutive year after four years of growth. In general, consumption saw a deep slump. Preserved swine meat consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Preserved Swine Meat Production in Croatia

In value terms, preserved swine meat production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 726% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Preserved Swine Meat Exports

Exports from Croatia

In 2021, preserved swine meat exports from Croatia rose to X tons, surging by 2.9% on the previous year. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 37% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, preserved swine meat exports rose sharply to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 32% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovenia (X tons), Serbia (X tons) and Montenegro (X tons) were the main destinations of preserved swine meat exports from Croatia, together accounting for 85% of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +48.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved swine meat exported from Croatia were Slovenia ($X), Serbia ($X) and Montenegro ($X), together comprising 85% of total exports.

Slovenia, with a CAGR of +49.8%, recorded the highest growth rate of 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 preserved swine meat export price amounted to $X per ton, increasing by 2.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 14%. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Slovenia ($X per ton) and Bosnia and Herzegovina ($X per ton), while the average price for exports to Montenegro ($X per ton) and North Macedonia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Swine Meat Imports

Imports into Croatia

In 2021, approx. X tons of prepared or preserved hams and cuts of swine meat were imported into Croatia; increasing by 6.1% compared with the previous year. In general, imports recorded pronounced growth. The growth pace was the most rapid in 2015 when imports increased by 58%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, preserved swine meat imports expanded notably to $X in 2021. Overall, imports posted mild growth. The pace of growth was the most pronounced in 2018 when imports increased by 27% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of preserved swine meat imports to Croatia, with a combined 72% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +125.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Czech Republic ($X) constituted the largest preserved swine meat suppliers to Croatia, with a combined 74% share of total imports.

The Czech Republic, with a CAGR of +134.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 preserved swine meat import price amounted to $X per ton, picking up by 1.7% against the previous year. Overall, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 11%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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