Report Update: May 1, 2024

Croatia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Rapeseed Oil Price in Croatia - 2023

Rapeseed Oil Price in Croatia (FOB) - 2023

The average rapeseed oil export price stood at $952 per ton in June 2023, declining by -13.7% against the previous month. Over the period under review, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in July 2022 an increase of 9.7% against the previous month. As a result, the export price reached the peak level of $1,774 per ton. From August 2022 to June 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Bosnia and Herzegovina ($1,674 per ton), while the average price for exports to Austria ($898 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced a decline.

Rapeseed Oil Price in Croatia (CIF) - 2023

The average rapeseed oil import price stood at $1,000 per ton in June 2023, dropping by -9.5% against the previous month. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in August 2022 an increase of 10% m-o-m. Over the period under review, average import prices hit record highs at $2,338 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,215 per ton), while the price for Serbia ($854 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 Italy (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Rapeseed Oil Exports in Croatia

Rapeseed oil exports from Croatia fell rapidly to 13K tons in 2022, waning by -43.4% on 2021 figures. Overall, exports continue to indicate a mild slump. The pace of growth was the most pronounced in 2021 when exports increased by 74% against the previous year. As a result, the exports attained the peak of 23K tons, and then fell markedly in the following year.

In value terms, rapeseed oil exports shrank dramatically to $23M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 162% against the previous year. As a result, the exports attained the peak of $32M, and then dropped rapidly in the following year.

Export of Rapeseed Oil in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	4.2	6.3	17.5	18.1	62.7%
Slovenia	0.7	1.1	1.0	1.0	12.6%
Italy	3.0	0.7	1.1	0.8	-35.6%
Hungary	N/A	0.2	2.6	0.8	100.0%
Czech Republic	0.7	0.1	1.7	0.7	0.0%
Serbia	0.4	0.4	1.0	0.7	20.5%
Germany	0.8	2.0	3.0	0.2	-37.0%
Poland	1.6	0.9	2.0	0.1	-60.3%
Others	0.2	0.6	1.8	0.2	0.0%
Total	11.7	12.1	31.8	22.7	24.7%

Top Export Markets for Rapeseed Oil from Croatia in 2022:

Austria (10.6K tons)
Italy (0.5K tons)
Slovenia (0.5K tons)
Hungary (0.5K tons)
Czech Republic (0.4K tons)
Serbia (0.4K tons)
Poland (0.1K tons)
Germany (0.1K tons)

Rapeseed Oil Imports in Croatia

In 2022, overseas purchases of rapeseed oil decreased by -65% to 2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 215% against the previous year.

In value terms, rapeseed oil imports dropped rapidly to $3.8M in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 187% against the previous year.

Import of Rapeseed Oil in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	8.8	1,314	2,831	1,597	466.2%
Slovenia	616	653	991	1,077	20.5%
United Kingdom	190	436	533	405	28.7%
Serbia	21.1	N/A	2,555	261	131.3%
Czech Republic	24.1	7.0	3.5	222	109.6%
Germany	93.1	176	259	80.6	-4.7%
Bosnia and Herzegovina	23.4	N/A	79.6	77.2	48.9%
Others	49.9	366	433	128	36.9%
Total	1,026	2,951	7,684	3,848	55.4%

Top Suppliers of Rapeseed Oil to Croatia in 2022:

Hungary (990.5 tons)
Slovenia (480.3 tons)
Serbia (157.0 tons)
United Kingdom (130.6 tons)
Czech Republic (111.4 tons)
Bosnia and Herzegovina (44.2 tons)
Germany (39.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rapeseed oil 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:

FCL 271 - Oil of Rapeseed or Canola oil

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023