Report Update Nov 1, 2024

Croatia - Benzene - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Benzene Market 2024

Benzene Market Size in Croatia

The Croatian benzene market reduced markedly to $X in 2022, with a decrease of -45.4% against the previous year. Overall, consumption saw a noticeable reduction. Benzene consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Benzene Production in Croatia

In value terms, benzene production shrank significantly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 1,668%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Benzene Exports

Exports from Croatia

Benzene exports from Croatia totaled X kg in 2022, therefore, remained relatively stable against the previous year. Overall, exports faced a significant decline. The pace of growth was the most pronounced in 2018 when exports increased by 163%. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, benzene exports reduced to $X in 2022. In general, exports recorded a deep setback. The growth pace was the most rapid in 2020 when exports increased by 1,829% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X kg) was the main destination for benzene exports from Croatia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina totaled -33.8%.

In value terms, Bosnia and Herzegovina ($X) also remains the key foreign market for benzene exports from Croatia.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina amounted to -16.5%.

Export Prices by Country

In 2022, the average benzene export price amounted to $X per ton, reducing by -9.3% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 1,507%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +26.1% per year.

Benzene Imports

Imports into Croatia

In 2022, purchases abroad of benzene decreased by -60% to X kg, falling for the third year in a row after two years of growth. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by 580% against the previous year. Over the period under review, imports hit record highs at X kg in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, benzene imports shrank to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 166% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X kg) constituted the largest benzene supplier to Croatia, with a 68% share of total imports. Moreover, benzene imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -11.5%.

In value terms, Germany ($X) constituted the largest supplier of benzene to Croatia, comprising 94% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest.

Import Prices by Country

The average benzene import price stood at $X per ton in 2022, growing by 124% against the previous year. Overall, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2016 when the average import price increased by 252%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for benzene in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 39% share of global consumption.

What are the largest producers of benzene in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 37% share of global production.

What are the leading suppliers of benzene to Croatia?

In value terms, Germany $824) and the Czech Republic $732) appeared to be the largest benzene suppliers to Croatia.

What are the leading importers of benzene from Croatia?

In value terms, Bosnia and Herzegovina $85) remains the key foreign market for benzene exports from Croatia.

What is the average export price for benzene in Croatia?

The average benzene export price stood at $2,107 per ton in 2021, waning by -12.3% against the previous year.

What is the average import price for benzene in Croatia?

The average benzene import price stood at $19,783 per ton in 2021, growing by 56% against the previous year.

This report provides an in-depth analysis of the benzene market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141223 - Benzene

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023