Croatia: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Croatia

After six years of decline, the Croatian acid and mordant dye market increased by 113% to $X in 2021. Overall, consumption, however, showed a noticeable curtailment. Acid and mordant dye consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Croatia

In value terms, acid and mordant dye production expanded to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decrease. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Croatia

In 2021, approx. X tons of acid and mordant dyes and preparations based thereon were exported from Croatia; surging by 256% compared with the previous year. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, acid and mordant dye exports surged to $X in 2021. In general, exports posted prominent growth. The growth pace was the most rapid in 2014 with an increase of 233%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Slovenia (X tons) was the main destination for acid and mordant dye exports from Croatia, accounting for a 60% share of total exports. Moreover, acid and mordant dye exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X kg), threefold. Serbia (X kg) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia amounted to +29.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+12.7% per year) and Serbia (+4.2% per year).

In value terms, Slovenia ($X) emerged as the key foreign market for acid and mordant dyes and preparations based thereon exports from Croatia, comprising 61% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 21% share of total exports. It was followed by Serbia, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovenia stood at +20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-3.1% per year) and Serbia (-7.2% per year).

Export Prices by Country

In 2021, the average acid and mordant dye export price amounted to $X per ton, reducing by -27.9% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2016 an increase of 108%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, among the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.5%), while the prices for the other major destinations experienced a decline.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Croatia

In 2021, supplies from abroad of acid and mordant dyes and preparations based thereon was finally on the rise to reach X tons after five years of decline. Overall, imports, however, showed a slight shrinkage. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, acid and mordant dye imports skyrocketed to $X in 2021. In general, imports, however, saw a perceptible setback. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) was the main supplier of acid and mordant dye to Croatia, with a 95% share of total imports. It was followed by France (X tons), with a 3.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+31.4% per year) and Germany (-19.7% per year).

In value terms, Italy ($X) constituted the largest supplier of acid and mordant dyes and preparations based thereon to Croatia, comprising 90% of total imports. The second position in the ranking was held by France ($X), with a 3.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+13.6% per year) and Germany (-13.1% per year).

Import Prices by Country

The average acid and mordant dye import price stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 6.5%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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