Live Fish Price in Croatia - 2023

Contents:

1. Live Fish Price in Croatia (CIF) - 2023
2. Live Fish Price in Croatia (FOB) - 2022
3. Live Fish Imports in Croatia
4. Live Fish Exports in Croatia

Live Fish Price in Croatia (CIF) - 2023

In June 2023, the average live fish import price amounted to $9,715 per ton, which is down by -69.4% against the previous month. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 1,981% against the previous month. As a result, import price reached the peak level of $78,575 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($91,337 per ton), while the price for Poland ($1,375 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Live Fish Price in Croatia (FOB) - 2022

In 2022, the average live fish export price amounted to $2,900 per ton, surging by 20% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, live fish export price decreased by -2.1% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 25%. Over the period under review, the average export prices attained the maximum at $2,962 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($4,185 per ton), while the average price for exports to Serbia ($1,393 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 the Czech Republic (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Live Fish Imports in Croatia

In 2022, the amount of live fish imported into Croatia shrank rapidly to 545 tons, declining by -23.5% on 2021 figures. Over the period under review, imports, however, posted prominent growth. The growth pace was the most rapid in 2021 with an increase of 245%. As a result, imports reached the peak of 712 tons, and then fell remarkably in the following year.

In value terms, live fish imports surged to $9.2M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.3% 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 +87.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Live Fish to Croatia in 2022:

1. Hungary (357.9 tons)
2. Romania (61.0 tons)
3. France (54.7 tons)
4. Italy (37.7 tons)
5. Greece (22.5 tons)
6. Spain (3.9 tons)
7. Slovenia (1.6 tons)

Live Fish Exports in Croatia

In 2022, live fish exports from Croatia expanded sharply to 773 tons, picking up by 14% on the year before. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 264%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, live fish exports skyrocketed to $2.2M in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 197% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Live Fish from Croatia in 2022:

1. Hungary (250.0 tons)
2. Italy (164.0 tons)
3. Poland (144.0 tons)
4. Bosnia and Herzegovina (119.8 tons)
5. Romania (50.3 tons)
6. Czech Republic (26.4 tons)
7. Serbia (16.0 tons)

Source: IndexBox Market Intelligence Platform