Croatia: Sausage Market 2024

Sausage Market Size in Croatia

In 2021, the Croatian sausage market decreased by -0.5% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Sausage Production in Croatia

In value terms, sausage production dropped modestly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 68% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Sausage Exports

Exports from Croatia

In 2021, sausage exports from Croatia rose notably to X tons, picking up by 7.4% against 2020 figures. Over the period under review, exports showed a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 302%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, sausage exports amounted to $X in 2021. Overall, exports posted a notable expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 33% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Serbia (X tons) was the main destination for sausage exports from Croatia, with a 46% share of total exports. Moreover, sausage exports to Serbia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), threefold. Slovenia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Serbia totaled +32.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-12.1% per year) and Slovenia (+25.4% per year).

In value terms, the largest markets for sausage exported from Croatia were Serbia ($X), Bosnia and Herzegovina ($X) and Slovenia ($X), together comprising 67% of total exports. These countries were followed by Germany, Montenegro, Hungary, North Macedonia and Romania, which together accounted for a further 23%.

Among the main countries of destination, Romania, with a CAGR of +43.3%, saw 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

In 2021, the average sausage export price amounted to $X per ton, waning by -4.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 211% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Romania ($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 Slovenia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into Croatia

In 2021, overseas purchases of sausages and similar products of meat decreased by -0.2% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of 272%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, sausage imports expanded slightly to $X in 2021. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest sausage supplier to Croatia, accounting for a 55% share of total imports. Moreover, sausage imports from Italy exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+6.2% per year) and Germany (+11.2% per year).

In value terms, Italy ($X), Slovenia ($X) and Germany ($X) appeared to be the largest sausage suppliers to Croatia, with a combined 79% share of total imports. These countries were followed by Austria, Hungary, Poland, the Czech Republic and Spain, which together accounted for a further 20%.

Poland, with a CAGR of +24.9%, saw the highest rates of growth with regard to the value of imports, among 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 sausage import price amounted to $X per ton, with an increase of 3.6% against the previous year. Over the period under review, the import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2017 an increase of 276% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :