Croatia - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAnimal Feed Price in Croatia - 2023
Contents:
- Animal Feed Price in Croatia (CIF) - 2023
- Animal Feed Price in Croatia (FOB) - 2023
- Animal Feed Imports in Croatia
- Animal Feed Exports in Croatia
Animal Feed Price in Croatia (CIF) - 2023
In July 2023, the average animal feed import price amounted to $1,317 per ton, leveling off at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 21% month-to-month. The import price peaked in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($2,106 per ton), while the price for Hungary ($658 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Serbia (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Animal Feed Price in Croatia (FOB) - 2023
The average animal feed export price stood at $1,036 per ton in July 2023, jumping by 25% against the previous month. Overall, export price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, animal feed export price decreased by -11.9% against February 2023 indices. The growth pace was the most rapid in October 2022 an increase of 58% m-o-m. The export price peaked at $1,176 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($2,098 per ton), while the average price for exports to Hungary ($251 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Animal Feed Imports in Croatia
For the fourth year in a row, Croatia recorded growth in purchases abroad of animal and pet feed, which increased by 6.2% to 145K tons in 2022. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, animal feed imports rose significantly to $152M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Animal Feed in Croatia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 41.9 | 34.4 | 42.0 | 46.7 | 3.7% |
Greece | 21.0 | 24.9 | 32.2 | 35.0 | 18.6% |
Hungary | 8.2 | 10.6 | 20.8 | 23.6 | 42.2% |
Serbia | 5.0 | 5.1 | 5.2 | 11.3 | 31.2% |
Austria | 10.3 | 8.4 | 8.1 | 7.7 | -9.2% |
Germany | 6.2 | 6.6 | 7.1 | 7.4 | 6.1% |
Slovenia | 3.8 | 3.6 | 4.2 | 4.7 | 7.3% |
Others | 13.8 | 18.5 | 17.6 | 15.1 | 3.0% |
Total | 110 | 112 | 137 | 152 | 11.4% |
Top Suppliers of Animal Feed to Croatia in 2022:
- Hungary (45.4K tons)
- Italy (30.9K tons)
- Greece (23.1K tons)
- Serbia (21.7K tons)
- Austria (6.7K tons)
- Germany (5.5K tons)
- Slovenia (3.6K tons)
Animal Feed Exports in Croatia
In 2022, shipments abroad of animal and pet feed decreased by -6.4% to 64K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 30%. As a result, the exports reached the peak of 78K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, animal feed exports declined to $59M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%.
Export of Animal Feed in Croatia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 7.9 | 11.6 | 10.4 | 10.2 | 8.9% |
Serbia | 5.0 | 5.4 | 6.1 | 8.5 | 19.3% |
Saudi Arabia | 9.7 | 2.9 | 6.4 | 7.5 | -8.2% |
Hungary | 5.7 | 5.2 | 5.9 | 5.2 | -3.0% |
Germany | 2.7 | 3.3 | 3.3 | 3.1 | 4.7% |
Slovenia | 2.1 | 2.3 | 2.6 | 2.5 | 6.0% |
Greece | 0.7 | 1.2 | 1.8 | 1.8 | 37.0% |
Romania | 1.3 | 1.2 | 1.6 | 1.5 | 4.9% |
Others | 15.0 | 25.6 | 30.1 | 18.6 | 7.4% |
Total | 50.1 | 58.6 | 68.3 | 58.9 | 5.5% |
Top Export Markets for Animal Feed from Croatia in 2022:
- Bosnia and Herzegovina (16.8K tons)
- Serbia (14.8K tons)
- Hungary (14.6K tons)
- Germany (4.2K tons)
- Slovenia (3.5K tons)
- Greece (2.2K tons)
- Saudi Arabia (1.1K tons)
- Romania (0.7K tons)
This report provides an in-depth analysis of the animal feed 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 10911010 - Premixtures for farm animal feeds
- Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
- Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
- Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
- Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
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
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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
This report provides an in-depth analysis of the animal feed market in Croatia.
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This report provides an in-depth analysis of the animal feed market in Croatia.
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This report provides an in-depth analysis of the market for dog and cat food in Croatia.
This report provides an in-depth analysis of the global animal feed market.
Explore the forecasted trends and growth patterns in the global animal and pet feed market from 2023 to 2030. Learn about the projected increase in market volume and value, as well as key statistics on consumption, production, imports, and exports.
Explore the top import markets for animal feed in 2023 and discover key statistics and trends driving the global demand for feed products.
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In 2016, the global imports of animal feed amounted to X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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Explore the forecasted trends and growth patterns in the global animal and pet feed market from 2023 to 2030. Learn about the projected increase in market volume and value, as well as key statistics on consumption, production, imports, and exports.
Explore the top import markets for animal feed in 2023 and discover key statistics and trends driving the global demand for feed products.
Explore the top import markets for preparations for animal feeding including Germany, the United States, the United Kingdom, and more. Learn about the key players driving the global market for animal feed.
In 2016, the global imports of animal feed amounted to X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the top import markets for dog and cat food worldwide and discover key statistics and data from the IndexBox market intelligence platform.