Price for Pectic Substances; Pectinates and Pectates in Croatia - 2023

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Croatia (CIF) - 2022
2. Price for Pectic Substances; Pectinates and Pectates in Croatia (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Croatia
4. Exports of Pectic Substances; Pectinates and Pectates in Croatia

Price for Pectic Substances; Pectinates and Pectates in Croatia (CIF) - 2022

The average import price for pectic substances; pectinates and pectateses stood at $11,901 per ton in 2022, surging by 61% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 87% against the previous year. Over the period under review, average import prices attained the maximum at $14,213 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($15,214 per ton), while the price for Spain ($5,497 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in Croatia (FOB) - 2022

In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $15,219 per ton, which is down by -2% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 7.8%. The export price peaked at $26,578 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($16,577 per ton), while the average price for exports to Italy ($9,988 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.8%), while the prices for the other major destinations experienced a decline.

Imports of Pectic Substances; Pectinates and Pectates in Croatia

Pectic substances; pectinates and pectates imports into Croatia contracted significantly to 116 tons in 2022, which is down by -49.8% compared with 2021. Overall, imports faced a precipitous decrease. The smallest decline of -32.3% was in 2020.

In value terms, pectic substances; pectinates and pectates imports declined markedly to $1.4M in 2022. In general, imports faced a dramatic contraction. The smallest decline of -11.5% was in 2020.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Croatia in 2022:

1. Denmark (35.3 tons)
2. Switzerland (30.1 tons)
3. Italy (13.1 tons)
4. Germany (10.4 tons)
5. Spain (8.4 tons)
6. Hungary (8.3 tons)
7. Czech Republic (6.9 tons)
8. Poland (1.0 tons)

Exports of Pectic Substances; Pectinates and Pectates in Croatia

In 2022, after two years of decline, there was significant growth in overseas shipments of pectic substances; pectinates and pectateses, when their volume increased by 43% to 52 tons. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pectic substances; pectinates and pectates exports surged to $795K in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Croatia in 2022:

1. Slovenia (30.2 tons)
2. Bosnia and Herzegovina (14.4 tons)
3. North Macedonia (5.5 tons)
4. Italy (2.0 tons)

Source: IndexBox Market Intelligence Platform