Croatia: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Croatia

In 2021, after three years of growth, there was significant decline in the Croatian market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when its value decreased by -13.9% to $X. In general, consumption, however, posted a prominent expansion. Consumption of peaked at $X in 2020, and then fell in the following year.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Croatia

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2021 estimated in export price. Over the period under review, production saw strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 53% against the previous year. Production of peaked in 2021 and is expected to retain growth in the near future.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Croatia

In 2021, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was finally on the rise to reach X tons after two years of decline. Overall, exports saw a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by 140%. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2021. Over the period under review, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 95%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Italy (X tons) was the main destination for exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Croatia, with a 59% share of total exports. Moreover, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Italy exceeded the volume sent to the second major destination, Austria (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+8.6% per year) and Belgium (+3.7% per year).

In value terms, the largest markets for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exported from Croatia were Austria ($X), Italy ($X) and Belgium ($X), with a combined 86% share of total exports. These countries were followed by Germany, Hungary and Slovenia, which together accounted for a further 11%.

Germany, with a CAGR of +29.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, flattening at the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Italy ($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 Germany (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Croatia

In 2021, approx. X tons of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders were imported into Croatia; picking up by 2.4% compared with the previous year. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of 95% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders declined to $X in 2021. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 70% against the previous year. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

The Czech Republic (X tons) and Hungary (X tons) were the main suppliers of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Croatia.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +27.2%).

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders suppliers to Croatia were the Czech Republic ($X) and Hungary ($X).

Hungary, with a CAGR of +28.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, waning by -16.1% against the previous year. Over the period under review, the import price saw a slight setback. The growth pace was the most rapid in 2020 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Hungary totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+0.6%).

Source: IndexBox Platform

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