Price for Cereal Flour; of Maize (Corn) in Croatia - 2023

Contents:

  1. Price for Cereal Flour; of Maize (Corn) in Croatia (CIF) - 2022
  2. Price for Cereal Flour; of Maize (Corn) in Croatia (FOB) - 2022
  3. Imports of Cereal Flour; of Maize (Corn) in Croatia
  4. Exports of Cereal Flour; of Maize (Corn) in Croatia

Price for Cereal Flour; of Maize (Corn) in Croatia (CIF) - 2022

In 2022, the average import price for cereal flour; of maize (corn) amounted to $1,179 per ton, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. Over the period under review, average import prices attained the maximum at $1,204 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,410 per ton), while the price for Ukraine ($778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Flour; of Maize (Corn) in Croatia (FOB) - 2022

The average export price for cereal flour; of maize (corn) stood at $748 per ton in 2022, rising by 39% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 41%. The export price peaked at $841 per ton in 2014; however, from 2015 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 Montenegro ($2,066 per ton), while the average price for exports to Lithuania ($450 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 Sweden (+66.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Flour; of Maize (Corn) in Croatia

After three years of growth, overseas purchases of cereal flour; of maize (corn) decreased by -38.1% to 267 tons in 2022. Overall, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of 432 tons, and then reduced markedly in the following year.

In value terms, cereal flour; of maize (corn) imports declined notably to $315K in 2022. Over the period under review, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports reached the peak of $456K, and then dropped markedly in the following year.

Import of Cereal Flour; of Maize (Corn) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany283309345208-9.8%
Slovenia2.114.961.145.3178.4%
Romania2.9N/A9.217.080.3%
Italy13.44.16.116.77.6%
France17.612.917.09.6-18.3%
UkraineN/AN/AN/A7.80%
PolandN/AN/AN/A6.10%
AustriaN/AN/A7.2N/A0%
Others5.87.810.44.1-10.9%
Total325348456315-1.0%

Top Suppliers of Cereal Flour; of Maize (Corn) to Croatia in 2022:

  1. Germany (177.7 tons)
  2. Slovenia (34.4 tons)
  3. Romania (16.2 tons)
  4. Italy (16.2 tons)
  5. Ukraine (10.0 tons)
  6. France (7.0 tons)
  7. Poland (4.3 tons)

Exports of Cereal Flour; of Maize (Corn) in Croatia

In 2022, exports of cereal flour; of maize (corn) from Croatia contracted sharply to 64 tons, waning by -73.6% on 2021. In general, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 76% against the previous year.

In value terms, cereal flour; of maize (corn) exports dropped remarkably to $48K in 2022. Overall, exports showed a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 148% against the previous year.

Export of Cereal Flour; of Maize (Corn) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A15.818.517.1%
LithuaniaN/A3.56.99.665.6%
Bosnia and Herzegovina7.06.78.89.39.9%
Slovenia40910.244.25.1-76.8%
Montenegro2.02.12.02.57.7%
Germany37.44.05.51.6-65.0%
Italy69.923.820.2N/A-46.2%
Others0.22.828.21.6100.0%
Total52553.213248.2-54.9%

Top Export Markets for Cereal Flour; of Maize (Corn) from Croatia in 2022:

  1. Lithuania (21.4 tons)
  2. Sweden (20.0 tons)
  3. Bosnia and Herzegovina (9.6 tons)
  4. Slovenia (8.8 tons)
  5. Germany (1.9 tons)
  6. Montenegro (1.2 tons)

Source: IndexBox Market Intelligence Platform

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