Flakes; of Potatoes Price in Croatia - 2023

Contents:

1. Flakes; of Potatoes Price in Croatia (CIF) - 2023
2. Flakes; of Potatoes Price in Croatia (FOB) - 2022
3. Flakes; of Potatoes Imports in Croatia
4. Flakes; of Potatoes Exports in Croatia

Flakes; of Potatoes Price in Croatia (CIF) - 2023

The average flakes; of potatoes import price stood at $2,529 per ton in August 2023, rising by 23% against the previous month. In general, import price indicated strong growth from August 2022 to August 2023: its price increased at an average monthly rate of +5.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, flakes; of potatoes import price increased by +23.4% against July 2023 indices. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 26% m-o-m. The import price peaked in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Czech Republic ($4,985 per ton), while the price for Germany ($2,212 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Croatia (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $2,080 per ton, increasing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2013 when the average export price increased by 41% against the previous year. As a result, the export price attained the peak level of $2,449 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($2,382 per ton) and Hungary ($1,937 per ton), while the average price for exports to Slovenia ($1,627 per ton) and Serbia ($1,691 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Flakes; of Potatoes Imports in Croatia

For the fourth consecutive year, Croatia recorded growth in purchases abroad of flakes; of potatoeses, which increased by 8.6% to 753 tons in 2022. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, 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 15% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, flakes; of potatoes imports surged to $1.2M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flakes; of Potatoes to Croatia in 2022:

1. Germany (313.2 tons)
2. Slovenia (303.2 tons)
3. Poland (69.1 tons)
4. Austria (46.9 tons)
5. Czech Republic (11.0 tons)
6. Belgium (6.2 tons)

Flakes; of Potatoes Exports in Croatia

Flakes; of potatoes exports from Croatia skyrocketed to 98 tons in 2022, growing by 322% on the previous year. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flakes; of potatoes exports surged to $205K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flakes; of Potatoes from Croatia in 2022:

1. Romania (46.5 tons)
2. Hungary (20.8 tons)
3. Poland (18.0 tons)
4. Slovenia (11.2 tons)
5. Serbia (1.8 tons)

Source: IndexBox Market Intelligence Platform