Dairy spreads market in Croatia

Earlier Report Observations

The dairy spreads market in Croatia demonstrated consistent volume growth from 2018 to 2024, expanding from 5 617 tonnes to 7 013 tonnes. This represents an overall increase of nearly 25%, with the most pronounced annual rises occurring in 2021, when volume grew by 6.2%, and again in 2024 with a 7.4% surge.

In value terms, the market experienced an even sharper ascent, particularly from 2021 onward. The market size in U.S. dollars climbed from 23.4 million to 36.6 million, a gain of over 56% across the seven-year period. This stronger growth in financial terms indicates that factors such as price increases or a shift in the product mix contributed to the market's expansion beyond mere volume growth.

Domestic production kept pace with the rising consumption, increasing from 5 601 tonnes to 6 790 tonnes between 2018 and 2024. The market maintained its upward trajectory throughout the period, reflecting stable and growing demand for dairy spreads within the country.

Production dairy spreads in Croatia

In value, 2017-2020, K $ US

Croatia's dairy spreads production has increased for the third consecutive year. In 2020, output was valued at 23 917 thousand US dollars, marking a 1.0% gain compared to the previous year. Between 2017 and 2020, production rose by 12%, which translates to an annualized growth rate of 3.8%.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

In kind, 2017-2020, t

Croatia's dairy spreads production volume has grown for the third year in a row. In 2020, 5 944 tonnes were produced, showing a slight increase of 1.2% year-over-year. From 2017 to 2020, production expanded by 11.3%, averaging an annual growth rate of 3.6%.

Annual dynamics of production in Croatia in kind, 2017-2020, t

Exports dairy spreads from Croatia

Exports in kind, t

In 2020, dairy spreads exports from Croatia reached 175.9 tonnes, up by 22.7% compared to the previous year. Between 2017 and 2020, exports increased by 20.5%, with an annualized rate of 6.4%. The lowest volume was recorded in 2019 at 143.3 tonnes, while the highest was in 2018 at 194.1 tonnes. The largest decline occurred in 2019, falling by 26.2%, and the largest increase was in 2018, rising by 32.9%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, t

From 2017 to 2020, Slovenia, Germany, and Bosnia and Herzegovina were the top destinations for Croatia's dairy spreads exports in volume terms. Slovenia accounted for 35.1% of exports, Germany for 22.4%, and Bosnia and Herzegovina for 19.6%, together making up 77.1% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Croatia in kind, 2017-2020

Exports in value, K $ US

Croatia exported 927 thousand US dollars worth of dairy spreads in 2020, representing an 11.7% improvement year-over-year. Over the period 2017-2020, exports grew by 47.8%, with a compound annual growth rate of 13.9%. The highest value was recorded in 2018 at 991 thousand US dollars. The largest decline was in 2019, dropping by 16.3%, while the largest increase occurred in 2018, surging by 58.1%.

Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US

Between 2017 and 2020, Slovenia, Germany, and Bosnia and Herzegovina were the main destinations for Croatia's dairy spreads exports in value terms. Slovenia held 42.6% of exports, Germany 22.5%, and Bosnia and Herzegovina 14.1%, collectively accounting for 79.2% of total exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Croatia in value, 2017-2020

Imports dairy spreads to Croatia

Imports in kind, t

In 2020, dairy spreads imports into Croatia totaled 193.3 tonnes, reflecting a substantial increase of 21.4% year-over-year. From 2017 to 2020, imports rose by 55.1%, equating to an annualized rate of 15.8%. The peak volume was in 2018 at 210.5 tonnes. The largest decline was in 2019, down by 24.3%, and the largest increase was in 2018, up by 68.9%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, t

Throughout 2017-2020, Serbia, Germany, and Slovenia were the key sources for Croatia's dairy spreads imports in volume terms. Serbia contributed 38.6% of imports, Germany 26.4%, and Slovenia 17.5%, together representing 82.5% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Croatia in kind, 2017-2020

Imports in value, K $ US

The market showed an unstable trend over this period. Croatia imported approximately 845 thousand US dollars of dairy spreads in 2020, marking a 19.5% gain compared to the previous year. The highest value was recorded in 2018 at 1 015 thousand US dollars. The largest decline occurred in 2019, falling by 30.4%, while the largest increase was in 2018, rising by 81.4%. From the low in 2017 to the high in 2018, import volumes varied by 1.8 times.

Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US

From 2017 to 2020, Serbia, Germany, and Slovenia played leading roles in Croatia's dairy spreads imports in value terms. Serbia accounted for 36.9% of imports, Germany for 28.4%, and Slovenia for 17.3%, jointly making up 82.6% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Croatia in value, 2017-2020