Croatia: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Croatia

In 2021, the Croatian preserved swine meat cut market increased by 20% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, saw a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Croatia

In value terms, preserved swine meat cut production rose significantly to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 10%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Croatia

In 2021, overseas shipments of prepared or preserved shoulders and cuts of swine meat increased by 13% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 5,420%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, preserved swine meat cut exports amounted to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 5,111%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Serbia (X tons) was the main destination for preserved swine meat cut exports from Croatia, with a 50% share of total exports. Moreover, preserved swine meat cut exports to Serbia exceeded the volume sent to the second major destination, North Macedonia (X tons), twofold. Bulgaria (X tons) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Serbia amounted to +52.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+122.7% per year) and Bulgaria (+39.4% per year).

In value terms, Serbia ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Croatia, comprising 43% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 19% share of total exports. It was followed by Slovenia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Serbia totaled +46.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+112.5% per year) and Slovenia (+2.5% per year).

Export Prices by Country

The average preserved swine meat cut export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 18%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bulgaria ($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 Montenegro (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Croatia

In 2021, supplies from abroad of prepared or preserved shoulders and cuts of swine meat was finally on the rise to reach X tons after two years of decline. In general, imports posted a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 216% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved swine meat cut imports reached $X in 2021. Overall, imports posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 218% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Belgium (X tons) and Slovenia (X tons) were the main suppliers of preserved swine meat cut imports to Croatia, with a combined 93% share of total imports.

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

In value terms, Italy ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to Croatia, comprising 68% of total imports. The second position in the ranking was held by Belgium ($X), with a 17% share of total imports. It was followed by Germany, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +49.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-11.5% per year) and Germany (+6.7% per year).

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2021, dropping by -26.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 60%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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