Croatia: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Croatia

The Croatian anti-freezing preparations market amounted to $X in 2021, rising by 6.1% against the previous year. Over the period under review, consumption continues to indicate a deep setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Anti-Freezing Preparations Production in Croatia

In value terms, anti-freezing preparations production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23%. Anti-freezing preparations production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Anti-Freezing Preparations Exports

Exports from Croatia

In 2021, after two years of decline, there was significant growth in shipments abroad of anti-freezing preparations and prepared de-icing fluids, when their volume increased by 20% to X tons. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 330%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, anti-freezing preparations exports soared to $X in 2021. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 83%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

Romania (X tons), Slovenia (X tons) and Belgium (X tons) were the main destinations of anti-freezing preparations exports from Croatia, together comprising 58% of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +451.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for anti-freezing preparations and prepared de-icing fluids exports from Croatia, comprising 57% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 12% share of total exports. It was followed by Slovenia, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium amounted to +123.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+14.3% per year) and Slovenia (+32.7% per year).

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, increasing by 8.2% against the previous year. Over the period under review, the export price recorded slight growth. The most prominent rate of growth was recorded in 2020 an increase of 67% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Romania ($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 Belgium (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Freezing Preparations Imports

Imports into Croatia

In 2021, approx. X tons of anti-freezing preparations and prepared de-icing fluids were imported into Croatia; with an increase of 3.4% compared with the year before. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 40%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, anti-freezing preparations imports skyrocketed to $X in 2021. Overall, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 41%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Latvia (X tons) and Belgium (X tons) were the main suppliers of anti-freezing preparations imports to Croatia, together accounting for 59% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +19.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of anti-freezing preparations and prepared de-icing fluids to Croatia, comprising 33% of total imports. The second position in the ranking was taken by Latvia ($X), with a 15% share of total imports. It was followed by Belgium, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+17.2% per year) and Belgium (-11.0% per year).

Import Prices by Country

In 2021, the average anti-freezing preparations import price amounted to $X per ton, increasing by 31% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :