Croatia: Borates And Perborates Market 2024

Borates And Perborates Market Size in Croatia

The Croatian borates and perborates market shrank significantly to $X in 2022, falling by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Borates And Perborates Exports

Exports from Croatia

Borates and perborates exports from Croatia skyrocketed to X tons in 2022, with an increase of X% compared with 2021. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, borates and perborates exports surged to $X in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for borates and perborates exports from Croatia, with a X% share of total exports. It was followed by Bosnia and Herzegovina (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia stood at X%.

In value terms, Serbia ($X) emerged as the key foreign market for borates, peroxoborates (perborates) exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Serbia totaled X%.

Export Prices by Country

In 2022, the average borates and perborates export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a deep setback. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Serbia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced a decline.

Borates And Perborates Imports

Imports into Croatia

In 2022, imports of borates, peroxoborates (perborates) into Croatia declined notably to X tons, falling by X% against 2021 figures. Over the period under review, imports, however, posted noticeable growth. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, borates and perborates imports contracted dramatically to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) was the main supplier of borates and perborates to Croatia, accounting for a X% share of total imports. Moreover, borates and perborates imports from Italy exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Poland (X% per year).

In value terms, Italy ($X) constituted the largest supplier of borates, peroxoborates (perborates) to Croatia, comprising X% of total imports. The second position in the ranking was held by Slovenia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average borates and perborates import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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