Report Update: Apr 1, 2024

Croatia - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights

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Ice Cream Price in Croatia - 2023

Ice Cream Price in Croatia (FOB) - 2023

In August 2023, the average ice cream export price amounted to $3,516 per ton, approximately equating the previous month. Overall, export price indicated a pronounced increase from August 2022 to August 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, ice cream export price decreased by -3.2% against June 2023 indices. The pace of growth was the most pronounced in November 2022 when the average export price increased by 59% month-to-month. As a result, the export price reached the peak level of $4,307 per ton. From December 2022 to August 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 Serbia ($4,905 per ton), while the average price for exports to Hungary ($2,166 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ice Cream Price in Croatia (CIF) - 2023

In August 2023, the average ice cream import price amounted to $4,339 per ton, rising by 7.9% against the previous month. In general, import price indicated a measured increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, ice cream import price increased by +11.0% against June 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 74% against the previous month. Over the period under review, average import prices reached the maximum in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($5,973 per ton), while the price for Germany ($3,522 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 Italy (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Ice Cream Exports in Croatia

In 2022, ice cream exports from Croatia dropped modestly to 9.9K tons, which is down by -2.5% compared with 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 10K tons, and then shrank slightly in the following year.

In value terms, ice cream exports dropped modestly to $26M in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports attained the peak of $27M, and then contracted slightly in the following year.

Export of Ice Cream in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	9.1	8.0	9.1	9.3	0.7%
Serbia	4.4	4.3	7.5	7.4	18.9%
Slovenia	3.9	3.9	4.1	3.7	-1.7%
Hungary	3.5	2.6	2.9	2.5	-10.6%
Montenegro	0.2	0.2	0.5	0.8	58.7%
North Macedonia	0.2	0.4	0.4	0.8	58.7%
Germany	0.5	0.6	0.8	0.7	11.9%
Others	2.1	1.1	2.0	1.1	-19.4%
Total	24.0	21.1	27.3	26.3	3.1%

Top Export Markets for Ice Cream from Croatia in 2022:

Bosnia and Herzegovina (3.6K tons)
Serbia (2.5K tons)
Hungary (1.7K tons)
Slovenia (1.0K tons)
Montenegro (0.3K tons)
North Macedonia (0.2K tons)
Germany (0.2K tons)

Ice Cream Imports in Croatia

For the fourth consecutive year, Croatia recorded growth in purchases abroad of ice cream, which increased by 5.1% to 8.4K tons in 2022. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, ice cream imports expanded slightly to $26M in 2022. The total import value increased at an average annual rate of +10.8% 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 2021 with an increase of 16%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Ice Cream in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.3	4.6	5.6	6.2	13.0%
Hungary	3.8	2.9	3.4	4.1	2.6%
Belgium	2.4	2.8	3.0	3.0	7.7%
Slovenia	2.1	2.9	2.8	2.9	11.4%
Serbia	0.4	2.5	3.1	2.8	91.3%
Poland	2.0	2.2	2.5	2.2	3.2%
Italy	1.1	0.9	1.9	2.1	24.1%
France	1.7	1.5	1.1	1.4	-6.3%
Czech Republic	0.7	0.7	0.4	0.5	-10.6%
Others	0.9	0.7	1.3	1.2	10.1%
Total	19.4	21.7	25.1	26.4	10.8%

Top Suppliers of Ice Cream to Croatia in 2022:

Germany (2080.7 tons)
Belgium (1044.0 tons)
Slovenia (1016.7 tons)
Serbia (997.8 tons)
Poland (860.3 tons)
Hungary (657.8 tons)
Italy (649.7 tons)
France (440.4 tons)
Czech Republic (144.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ice cream 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:

Prodcom 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)

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