Wednesday, 27 July 2022

Croatia's May Industrial Turnover Jumps 24.3% y-o-y, 10% m-o-m

ZAGREB, 27 July 2022 - In May 2022, industrial turnover was 24.3% higher on the year and 10% on the month, the Croatian Bureau of Statistics (DZS) said on Tuesday.

Year on year, industrial turnover went up by 28.2% on the domestic and by 19.4% on the foreign market.

In May, the highest year-on-year increase was recorded in the sale of energy, +58.6%.

It was followed by durable consumer goods (+33.2%)

Industrial turnover of intermediate products grew 24.6%, of non-durable consumer goods (+19..4%), and capital goods by 18.3%.

Year on year, industrial turnover has been increasing since early 2021, except in February that year, when it dropped 7.7%. In January 2021, it was up by 1.7% and since March increases have been in two-digit numbers, the highest in April (+40.6).

Month on month, industrial turnover in May 2022 increased by 8.1% on the domestic and by 11.8% on the foreign market.

For more, check out our business section.

Sunday, 15 November 2020

Cabbage Production Stable in Croatia

ZAGREB, November 15, 2020  - The production of cabbage in Croatia is stable, the market is supplied with sufficient amounts of this vegetable, and the corona crisis has led to a price drop this year, according to an analysis conducted by the Smarter consultancy firm.

This year's cabbage crop can satisfy the needs on the domestic market, and 2020 has been perceived as a favourable year for cabbage growing, says Smarter.

On the other hand, the epidemic of coronavirus has prevented holding of events and gatherings, such as wedding parties and other private parties with many guests, and has also affected the hospitality industry, and consequently the demand for cabbage has dropped and its price has also fallen, as a result.

The latest data provided by the Agriculture Market Information System (TISUP) shows that at the end of October the price of kilo of cabbage was HRK 3.66 as against 4.99 kuna in the corresponding period last year.

In 2019, Croatia's cabbage crop was 31,580 tonnes and it was grown on 1,463 hectares.

Record high export

 At the end of 2019, Croatia registered a record high amount of exported cabbage, over 2,000 tonnes, and the value of the export was above a million euros.

Last year, the imports reached 6,148 tonnes, worth 3.3 million euros.

The top market for the export of Croatian cabbage is Slovenia which imported 1,600 tonnes of this vegetable grown in Croatia, and paid 800,000 euros for that last year.

The largest quantity of the imported cabbage, 1,646 tonnes at the total price of over a million euro, arrived in Croatia from Macedonia last year. The  cabbage imports from the Netherlands totalled 1,476 tonnes (€870,000).

The biggest cabbage growers in Croatia are in northwestern areas (Varazdin, Koprivnica and Ogulin) as well as in the southern town of Sinj.

The average annual consumption per capita in Croatia is 11 kilograms.

The "Varazdinsko Zelje" cabbage, grown in Varazdin, and fermented cabbage (sauerkraut) from the western town of Ogulin enjoy a protected status in the EU.

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