Croatia: Market for Lamb and Sheep Meat 2024

Market Size for Lamb and Sheep Meat in Croatia

In 2022, the Croatian lamb and sheep meat market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Lamb and Sheep Meat in Croatia

In value terms, lamb and sheep meat production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of lamb and sheep meat in Croatia amounted to X kg per head, therefore, remained relatively stable against 2021. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2016 to 2022, the growth of the average lamb and sheep meat yield failed to regain momentum.

The number of animals slaughtered for lamb and sheep meat production in Croatia declined to X heads in 2022, which is down by X% against the previous year. Overall, the number of producing animals, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the number of producing animals increased by X%. Over the period under review, this number attained the peak level at X heads in 2013; however, from 2014 to 2022, producing animals stood at a somewhat lower figure.

Exports of Lamb and Sheep Meat

Exports from Croatia

Lamb and sheep meat exports from Croatia expanded sharply to X tons in 2022, growing by X% on 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, lamb and sheep meat exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons), Slovenia (X tons) and Serbia (X tons) were the main destinations of lamb and sheep meat exports from Croatia, together comprising X% of total exports.

From 2014 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Slovenia ($X) and the Netherlands ($X) constituted the largest markets for lamb and sheep meat exported from Croatia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Bulgaria, with a CAGR of X.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated a measured increase from 2014 to 2022: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamb and sheep meat export price increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports into Croatia

In 2022, approx. X tons of lamb and sheep meat were imported into Croatia; growing by X% against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2019; afterwards, it flattened through to 2022.

In value terms, lamb and sheep meat imports soared to $X in 2022. In general, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Serbia (X tons), North Macedonia (X tons) and Bulgaria (X tons) were the main suppliers of lamb and sheep meat imports to Croatia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat suppliers to Croatia were Serbia ($X), North Macedonia ($X) and Bulgaria ($X), with a combined X% share of total imports.

Among the main suppliers, Serbia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lamb and sheep meat import price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the Netherlands ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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