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Croatia - Sugars, Sugar Ethers And Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSugars Price in Croatia - 2023
Contents:
- Sugars Price in Croatia (CIF) - 2022
- Sugars Price in Croatia (FOB) - 2022
- Sugars Imports in Croatia
- Sugars Exports in Croatia
Sugars Price in Croatia (CIF) - 2022
The average sugars import price stood at $6,700 per ton in 2022, falling by -21.6% against the previous year. Over the period under review, the import price saw a deep setback. The growth pace was the most rapid in 2021 an increase of 31%. Over the period under review, average import prices hit record highs at $11,475 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Japan ($16,950 per ton), while the price for France ($2,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Sugars Price in Croatia (FOB) - 2022
In 2022, the average sugars export price amounted to $378 per ton, dropping by -87.7% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 583% against the previous year. As a result, the export price reached the peak level of $21,512 per ton. From 2014 to 2022, the average export prices remained 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 ($6,694 per ton), while the average price for exports to Belgium ($97 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 Austria (+1.0%), while the prices for the other major destinations experienced a decline.
Sugars Imports in Croatia
In 2022, purchases abroad of sugars, sugar ethers and salts decreased by -3.6% to 983 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year.
In value terms, sugars imports fell notably to $6.6M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 +23.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of $8.7M, and then shrank sharply in the following year.
Import of Sugars in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3,270 | 3,181 | 2,143 | 2,763 | -5.5% |
Austria | 1,155 | 1,824 | 2,187 | 1,307 | 4.2% |
Belgium | 0.4 | 50.5 | 0.7 | 646 | 1073.3% |
Germany | 160 | 134 | 178 | 598 | 55.2% |
Italy | 296 | 171 | 161 | 280 | -1.8% |
China | 47.9 | 69.9 | 3,248 | 280 | 80.1% |
France | 86.8 | 70.9 | 83.7 | 88.5 | 0.6% |
Others | 304 | 440 | 714 | 627 | 27.3% |
Total | 5,319 | 5,941 | 8,715 | 6,590 | 7.4% |
Top Suppliers of Sugars to Croatia in 2022:
- Austria (475.0 tons)
- Japan (163.0 tons)
- Germany (149.7 tons)
- Belgium (52.1 tons)
- France (42.9 tons)
- Italy (36.0 tons)
- China (24.2 tons)
Sugars Exports in Croatia
For the fourth consecutive year, Croatia recorded growth in overseas shipments of sugars, sugar ethers and salts, which increased by 623% to 90 tons in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sugars exports dropped to $34K in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 327%. As a result, the exports reached the peak of $38K, and then shrank in the following year.
Export of Sugars in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 13.8 | 2.8 | 2.8 | 18.0 | 9.3% |
Hungary | N/A | N/A | 30.7 | 10.6 | -65.5% |
Belgium | N/A | N/A | N/A | 3.6 | 0% |
North Macedonia | N/A | N/A | 4.4 | 1.3 | -70.5% |
Bulgaria | N/A | 1.9 | N/A | N/A | 0% |
Others | 1.0 | 4.2 | 0.4 | 0.4 | -26.3% |
Total | 14.9 | 9.0 | 38.3 | 33.9 | 31.5% |
Top Export Markets for Sugars from Croatia in 2022:
- Hungary (48.9 tons)
- Belgium (37.1 tons)
- Slovenia (2.7 tons)
- North Macedonia (0.7 tons)
- Bulgaria (0.1 tons)
This report provides an in-depth analysis of the sugars market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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