Croatia: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Croatia

The Croatian market for processed cheese (excluding grated or powdered) contracted to $X in 2020, declining by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market failed to regain the momentum.

Production of Processed cheese (excluding grated or powdered) in Croatia

In value terms, production of processed cheese (excluding grated or powdered) stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Exports of Processed cheese (excluding grated or powdered)

Exports from Croatia

Exports of processed cheese (excluding grated or powdered) from Croatia expanded notably to X tons in 2020, surging by X% against 2019. Overall, exports showed a resilient expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, exports of processed cheese (excluding grated or powdered) soared to $X in 2020. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons), Bosnia and Herzegovina (X tons) and Serbia (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Croatia, together accounting for X% of total exports. Macedonia, Hungary, Montenegro and Bulgaria lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Hungary (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for processed cheese (excluding grated or powdered) exported from Croatia were Slovenia ($X), Bosnia and Herzegovina ($X) and Serbia ($X), together comprising X% of total exports. These countries were followed by Macedonia, Montenegro, Hungary and Bulgaria, which together accounted for a further X the main countries of destination, Hungary (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. The export price peaked at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Bulgaria ($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 Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Croatia

After three years of growth, overseas purchases of processed cheese (excluding grated or powdered) decreased by -X% to X tons in 2020. In general, imports, however, posted a strong expansion. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2019, and then fell modestly in the following year.

In value terms, imports of processed cheese (excluding grated or powdered) amounted to $X in 2020. Overall, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, Germany (X tons) constituted the largest supplier of processed cheese (excluding grated or powdered) to Croatia, accounting for a X% share of total imports. Moreover, imports of processed cheese (excluding grated or powdered) from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), fivefold. The third position in this ranking was occupied by Slovenia (X tons), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Croatia, comprising X% of total imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by Slovenia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Slovenia (+X% per year).

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, approximately equating the previous year. In general, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. From 2009 to 2020, the growth in terms of the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Slovenia ($X per ton) and Poland ($X per ton), while the price for Germany ($X per ton) and Austria ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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