Croatia: Tobacco Market 2024

Tobacco Market Size in Croatia

After two years of growth, the Croatian tobacco market decreased by -33.7% to $X in 2021. Overall, consumption showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Tobacco Production in Croatia

In value terms, tobacco production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 82% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Tobacco Exports

Exports from Croatia

After three years of decline, overseas shipments of tobacco (smoking tobacco, chewing tobacco, snuff) increased by 99% to X tons in 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 557%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, tobacco exports soared to $X in 2021. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 465% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) was the main destination for tobacco exports from Croatia, accounting for a 57% share of total exports. Moreover, tobacco exports to Romania exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. The third position in this ranking was held by Poland (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Romania totaled +135.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+282.8% per year) and Poland (+126.1% per year).

In value terms, Romania ($X) remains the key foreign market for tobacco (smoking tobacco, chewing tobacco, snuff) exports from Croatia, comprising 48% of total exports. The second position in the ranking was taken by Hungary ($X), with a 20% share of total exports. It was followed by Poland, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Romania amounted to +137.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+242.7% per year) and Poland (+118.4% per year).

Export Prices by Country

The average tobacco export price stood at $X per ton in 2021, picking up by 17% against the previous year. Overall, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Germany ($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 the United Arab Emirates (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

Tobacco Imports

Imports into Croatia

In 2021, the amount of tobacco (smoking tobacco, chewing tobacco, snuff) imported into Croatia dropped to X tons, reducing by -6.2% compared with the previous year's figure. Over the period under review, imports, however, enjoyed temperate growth. The pace of growth was the most pronounced in 2015 when imports increased by 321%. Over the period under review, imports attained the maximum at X tons in 2020, and then contracted in the following year.

In value terms, tobacco imports contracted significantly to $X in 2021. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 144% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

Romania (X tons), Poland (X tons) and France (X tons) were the main suppliers of tobacco imports to Croatia, with a combined 71% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +283.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) constituted the largest supplier of tobacco (smoking tobacco, chewing tobacco, snuff) to Croatia, comprising 54% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Poland, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Romania totaled +183.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+34.9% per year) and Poland (+304.8% per year).

Import Prices by Country

In 2021, the average tobacco import price amounted to $X per ton, declining by -16.4% against the previous year. Overall, the import price, however, recorded a significant increase. The pace of growth was the most pronounced in 2014 an increase of 157% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then shrank significantly in the following year.

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 the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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