Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia (FOB) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia (CIF) - 2023
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia (FOB) - 2023
In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $5,295 per ton, remaining relatively unchanged against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 14% against the previous month. As a result, the export price reached the peak level of $5,420 per ton. From May 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($6,741 per ton), while the average price for exports to Serbia ($3,835 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia (CIF) - 2023
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,454 per ton in November 2023, picking up by 17% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 48% against the previous month. As a result, import price reached the peak level of $4,055 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($6,325 per ton), while the price for Italy ($2,138 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia
For the third consecutive year, Croatia recorded decline in overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses, which decreased by -4.7% to 6.7K tons in 2022. Over the period under review, exports showed a deep slump. The smallest decline of less than 0.1% was in 2021.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses stood at $29M in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 6.7% against the previous year.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 5.0 | 4.9 | 5.4 | 5.7 | 4.5% |
| Kosovo | N/A | 4.8 | 5.6 | 5.4 | 6.1% |
| Serbia | 7.3 | 3.3 | 3.7 | 4.0 | -18.2% |
| North Macedonia | 2.6 | 3.1 | 3.5 | 4.0 | 15.4% |
| Slovenia | 2.8 | 2.2 | 1.9 | 2.1 | -9.1% |
| Montenegro | 1.0 | 1.0 | 1.2 | 1.2 | 6.3% |
| United States | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
| Sweden | 1.0 | 0.6 | 0.8 | 0.8 | -7.2% |
| Germany | 1.7 | 0.4 | 0.5 | 0.6 | -29.3% |
| Switzerland | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
| Latvia | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Russia | 1.1 | 1.4 | 1.0 | 0.2 | -43.3% |
| Netherlands | 1.5 | N/A | N/A | N/A | 0% |
| Others | 4.2 | 3.9 | 3.7 | 3.2 | -8.7% |
| Total | 29.5 | 27.1 | 28.9 | 29.0 | -0.6% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Croatia in 2022:
- Kosovo (1330.3 tons)
- Bosnia and Herzegovina (1193.0 tons)
- Serbia (1110.2 tons)
- North Macedonia (839.8 tons)
- Slovenia (390.7 tons)
- Montenegro (256.4 tons)
- Germany (246.0 tons)
- Sweden (154.9 tons)
- Switzerland (135.2 tons)
- United States (118.6 tons)
- Latvia (105.5 tons)
- Russia (85.4 tons)
- Netherlands (0.7 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia
Imports of soups and broths and preparations therefor; homogenised composite food preparationses into Croatia rose sharply to 2.4K tons in 2022, increasing by 11% against 2021. Overall, imports, however, recorded a abrupt curtailment.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses rose rapidly to $7.9M in 2022. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1.4 | 1.3 | 1.8 | 1.9 | 10.7% |
| Serbia | 4.9 | 1.8 | 1.7 | 1.7 | -29.7% |
| Slovenia | 0.7 | 0.6 | 0.8 | 1.4 | 26.0% |
| Italy | 0.7 | 0.7 | 0.9 | 1.0 | 12.6% |
| Czech Republic | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| Germany | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
| Austria | 0.1 | 0.3 | 0.4 | 0.3 | 44.2% |
| Others | 0.5 | 0.5 | 0.4 | 0.3 | -15.7% |
| Total | 9.4 | 6.4 | 7.4 | 7.9 | -5.6% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Croatia in 2022:
- Hungary (569.3 tons)
- Serbia (442.5 tons)
- Italy (403.9 tons)
- Slovenia (364.1 tons)
- Czech Republic (254.6 tons)
- Germany (197.4 tons)
- Austria (65.3 tons)
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