Price for Cereal Groats; Meal and Pellets in Croatia - 2023

Price for Cereal Groats; Meal and Pellets in Croatia (CIF) - 2023

The average import price for cereal groats; meal and pelletses stood at $684 per ton in June 2023, picking up by 2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 16% against the previous month. Over the period under review, average import prices attained the maximum at $785 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,642 per ton), while the price for Serbia ($494 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Croatia (FOB) - 2023

In June 2023, the average export price for cereal groats; meal and pelletses amounted to $3,313 per ton, declining by -6.6% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 35% against the previous month. The export price peaked at $3,992 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Austria ($7,439 per ton), while the average price for exports to Kosovo ($437 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Groats; Meal and Pellets in Croatia

In 2022, the amount of cereal groats; meal and pelletses imported into Croatia surged to 27K tons, picking up by 39% against 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereal groats; meal and pellets imports soared to $17M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereal Groats; Meal and Pellets in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Serbia	0.2	0.2	1.0	4.5	182.3%
Hungary	2.4	2.2	3.2	3.8	16.6%
Austria	2.6	3.4	2.7	3.7	12.5%
Italy	1.5	1.3	1.4	1.8	6.3%
Germany	1.4	1.5	1.3	1.7	6.7%
Slovenia	0.8	0.7	0.8	0.8	0.0%
Poland	N/A	N/A	0.1	0.7	600.0%
Others	0.1	0.1	0.1	0.3	44.2%
Total	8.9	9.5	10.6	17.2	24.6%

Top Suppliers of Cereal Groats; Meal and Pellets to Croatia in 2022:

Serbia (10.1K tons)
Hungary (6.1K tons)
Austria (5.1K tons)
Italy (2.2K tons)
Poland (1.7K tons)
Germany (1.1K tons)
Slovenia (0.9K tons)

Exports of Cereal Groats; Meal and Pellets in Croatia

In 2022, exports of cereal groats; meal and pelletses from Croatia dropped markedly to 2.4K tons, which is down by -56.8% on the previous year. Over the period under review, exports faced a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 14%.

In value terms, cereal groats; meal and pellets exports fell slightly to $6.1M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. As a result, the exports reached the peak of $6.2M, and then fell modestly in the following year.

Export of Cereal Groats; Meal and Pellets in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	64.9	1,196	2,324	2,549	239.9%
Austria	1.3	217	660	915	789.5%
Bosnia and Herzegovina	415	553	445	556	10.2%
Turkey	N/A	86.6	383	486	136.9%
Slovenia	1,194	683	545	286	-37.9%
United States	53.2	64.5	99.9	118	30.4%
Italy	235	193	914	40.6	-44.3%
Kosovo	N/A	49.0	21.2	0.4	-91.0%
Serbia	164	N/A	0.3	N/A	-95.7%
Others	72.0	248	840	1,106	148.6%
Total	2,200	3,290	6,231	6,057	40.2%