Price for Protein; Concentrates and Textured Protein Substances in Croatia - 2024

Contents:

1. Price for Protein; Concentrates and Textured Protein Substances in Croatia (CIF) - 2022
2. Price for Protein; Concentrates and Textured Protein Substances in Croatia (FOB) - 2022
3. Imports of Protein; Concentrates and Textured Protein Substances in Croatia
4. Exports of Protein; Concentrates and Textured Protein Substances in Croatia

Price for Protein; Concentrates and Textured Protein Substances in Croatia (CIF) - 2022

In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $5,452 per ton, surging by 3.4% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for protein; concentrates and textured protein substanceses increased by +33.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 61%. The import price peaked at $7,872 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 Poland ($17,854 per ton), while the price for Italy ($1,546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Protein; Concentrates and Textured Protein Substances in Croatia (FOB) - 2022

In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $3,805 per ton, jumping by 37% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The growth pace was the most rapid in 2014 an increase of 117%. As a result, the export price reached the peak level of $15,681 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($9,830 per ton), while the average price for exports to Slovenia ($2,418 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 (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Protein; Concentrates and Textured Protein Substances in Croatia

Imports of protein; concentrates and textured protein substanceses into Croatia dropped to 1.8K tons in 2022, which is down by -11.4% against 2021. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 0.3% against the previous year.

In value terms, imports of protein; concentrates and textured protein substanceses contracted to $10M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 12%.

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Croatia in 2022:

1. Serbia (696.3 tons)
2. Netherlands (277.7 tons)
3. Ireland (232.4 tons)
4. Slovakia (172.3 tons)
5. Italy (80.4 tons)
6. Belgium (63.1 tons)
7. Hungary (62.7 tons)
8. Brazil (56.0 tons)
9. Germany (46.7 tons)
10. Slovenia (37.7 tons)
11. Romania (33.1 tons)
12. Poland (19.9 tons)
13. United Kingdom (0.5 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Croatia

After three years of growth, shipments abroad of protein; concentrates and textured protein substanceses decreased by -24.6% to 811 tons in 2022. Over the period under review, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when exports increased by 18%.

In value terms, exports of protein; concentrates and textured protein substanceses reached $3.1M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Croatia in 2022:

1. Slovenia (654.2 tons)
2. Hungary (93.5 tons)
3. Bosnia and Herzegovina (23.9 tons)
4. Italy (8.0 tons)

Source: IndexBox Market Intelligence Platform