Croatia: Asparagus Market 2024

Asparagus Market Size in Croatia

In 2023, after four years of growth, there was significant decline in the Croatian asparagus market, when its value decreased by X% to $X. In general, consumption, however, saw a significant increase. Asparagus consumption peaked at $X in 2022, and then reduced remarkably in the following year.

Asparagus Production in Croatia

In value terms, asparagus production rose rapidly to $X in 2023 estimated in export price. Over the period under review, production, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

In 2023, the average asparagus yield in Croatia declined sharply to X tons per ha, which is down by X% on 2022 figures. In general, the yield, however, saw significant growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the yield reached the peak level of X tons per ha, and then declined significantly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The asparagus harvested area in Croatia contracted dramatically to X ha in 2023, which is down by X% on 2022. Overall, the harvested area, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then plummeted in the following year.

Asparagus Exports

Exports from Croatia

For the third consecutive year, Croatia recorded growth in overseas shipments of asparagus, which increased by X% to X tons in 2023. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, asparagus exports soared to $X in 2023. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the near future.

Exports by Country

Slovenia (X tons) was the main destination for asparagus exports from Croatia, with a X% share of total exports. Moreover, asparagus exports to Slovenia exceeded the volume sent to the second major destination, Montenegro (X tons), fivefold.

From 2014 to 2023, the average annual growth rate of volume to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (X% per year) and Bosnia and Herzegovina (X.9% per year).

In value terms, Slovenia ($X) remains the key foreign market for asparagus exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Montenegro ($X), with a X% share of total exports.

From 2014 to 2023, the average annual growth rate of value to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (X% per year) and Bosnia and Herzegovina (X.7% per year).

Export Prices by Country

In 2023, the average asparagus export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price recorded a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2014 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Asparagus Imports

Imports into Croatia

In 2023, purchases abroad of asparagus increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to continue growth in the immediate term.

In value terms, asparagus imports skyrocketed to $X in 2023. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked in 2023 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of asparagus imports to Croatia, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of asparagus to Croatia, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average asparagus import price amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated pronounced growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, asparagus import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform