Croatia: Market for Smoked Fish Other than Salmon and Herring 2024

Market Size for Smoked Fish Other than Salmon and Herring in Croatia

The Croatian market for smoked fish other than salmon and herring stood at $X in 2021, standing approx. at the previous year. In general, consumption, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when the market value increased by 9.8% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Smoked Fish Other than Salmon and Herring in Croatia

In value terms, production of smoked fish other than salmon and herring totaled $X in 2021 estimated in export price. Overall, production, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2016 when the production volume increased by 14% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Smoked Fish Other than Salmon and Herring

Exports from Croatia

In 2021, approx. X tons of smoked fish other than salmon and herring were exported from Croatia; with an increase of 64% compared with the previous year's figure. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 126% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, exports of smoked fish other than salmon and herring soared to $X in 2021. Overall, exports enjoyed prominent growth. The growth pace was the most rapid in 2018 when exports increased by 121%. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Serbia (X tons), Italy (X tons) and Germany (X tons) were the main destinations of exports of smoked fish other than salmon and herring from Croatia, with a combined 84% share of total exports. Romania, Bosnia and Herzegovina, Poland and Slovenia lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +737.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for smoked fish other than salmon and herring exported from Croatia were Italy ($X), Germany ($X) and Serbia ($X), with a combined 84% share of total exports. Romania, Poland, Slovenia and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 13%.

Romania, with a CAGR of +545.6%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average export price for smoked fish other than salmon and herring amounted to $X per ton, waning by -26.3% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 8.4% against the previous year. 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.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Serbia ($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 (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Smoked Fish Other than Salmon and Herring

Imports into Croatia

In 2021, overseas purchases of smoked fish other than salmon and herring were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2015 with an increase of 162%. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of smoked fish other than salmon and herring stood at $X in 2021. Overall, imports recorded prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 108%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Spain (X tons), Denmark (X tons) and Italy (X tons) were the main suppliers of imports of smoked fish other than salmon and herring to Croatia, together comprising 90% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +38.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Denmark ($X) were the largest smoked fish other than salmon and herring suppliers to Croatia, together accounting for 92% of total imports.

Spain, with a CAGR of +38.5%, recorded the highest growth rate of 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 import price for smoked fish other than salmon and herring amounted to $X per ton, which is down by -3.2% against the previous year. In general, the import price saw a perceptible curtailment. The growth pace was the most rapid in 2016 when the average import price increased by 52%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Bosnia and Herzegovina ($X per ton), while the price for Germany ($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 (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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