Wholesale Costs Higher as Croatian Food Prices Continue to Cause Issues

Lauren Simmonds

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As Poslovni Dnevnik writes, when compared to back in January 2022, the prices of bananas, tomatoes, onions, carrots and potatoes rose the most across the country, and over the last two years, the highest price growth was for potatoes and onions. Wholesale prices grew considerably in comparison to January 2021, with potato prices shooting up by 120 percent and onion prices by 77 percent, said Agriculture Minister Marija Vuckovic.

When it comes to grains and oilseeds, compared to the end of 2022, there’s either been price stagnation or a slight decline in the most important grains in wholesale – wheat by nine percent, and corn by 15.5 percent. Compared to the year before (January 2022/January 2023), the prices of wheat are higher by 11.11 percent and corn by 12 percent, while the prices of soybeans are now lower by 4.76 percent.

The wholesale prices of flour in the fifth week of 2023 have been higher compared to what they were back at end of 2022, and for smooth (finely ground) flour by 1.89 percent, and for hard flour by 14.75 percent.

”During January and the beginning of February 2023, the purchase prices of pork and beef did not differ significantly from what they were back at the end of 2022,” Vuckovic said, adding that ”in the fifth week of this year, the wholesale price of beef was higher by 15.09 percent when compared to one year before, and approximately the same compared to the end of 2022, while the purchase price of pork has been 50.36 percent higher on an annual basis.”

If the wholesale prices in the fifth week of this year are compared with the EU average, it can be said that the wholesale price of beef is lower by 4.31 percent, while that of pork is almost identical. The prices of lamb are slightly higher, while the prices of chicken are decreasing and according to the EU average, they’re now lower by 1.15 percent in the fifth week of this year.

The highest growth when it comes to Croatian food prices, as Vuckovic said, has been recorded in the wholesale price of eggs and those prices have been altering continuously since back in March/April 2022 and are currently at record high levels.

In the fifth week of this year, the wholesale price of A-class eggs is lower by 1.05 percent compared to the last week of 2022, and significantly higher compared to the year before, she said, noting that Croatian wholesale egg prices are otherwise higher than the EU average.

For more on Croatian food prices and inflation, make sure to check out our dedicated news section.

 

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