Key Market Indicators
Since 2015, the Croatian market has experienced a significant decline, decreasing by approximately 17% year on year. In the juice sector, Croatian exports are projected to grow modestly. By 2028, exports are expected to reach nearly $3.5 million, up from around $3.4 million in 2023, marking an average annual growth rate of 0.3%. However, this comes against a backdrop of a long-term decline, with Croatian juice supply decreasing by 0.7% annually since 1997. Conversely, Croatian juice imports are on the rise. Imports are forecasted to climb to about $33.7 million by 2028, up from $29.9 million in 2023, representing a compound annual growth rate (CAGR) of 1.9%. This growth follows a historical trend of increasing demand, which has seen a 3.5% annual rise since 1997.