Croatia: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Croatia

In 2021, the Croatian market for building blocks and bricks of cement, concrete or artificial stone decreased by -4.3% to $X, falling for the second consecutive year after four years of growth. In general, consumption continues to indicate a perceptible descent. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Croatia

In value terms, production of building blocks and bricks of cement, concrete or artificial stone expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 77% against the previous year. Over the period under review, production of reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Croatia

In 2021, the amount of building blocks and bricks of cement, concrete or artificial stone exported from Croatia skyrocketed to X tons, growing by 377% on the previous year. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Croatia, accounting for a 63% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Slovenia exceeded the volume sent to the second major destination, Austria (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Slovenia totaled +158.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+223.1% per year) and Bosnia and Herzegovina (+27.7% per year).

In value terms, Slovenia ($X) emerged as the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Croatia, comprising 58% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Slovenia stood at +102.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+27.2% per year) and Austria (+156.8% per year).

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, waning by -7% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of 334%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Austria ($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 Bosnia and Herzegovina (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Croatia

In 2021, supplies from abroad of building blocks and bricks of cement, concrete or artificial stone was finally on the rise to reach X tons after four years of decline. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 72%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone stood at $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 60% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Slovenia (X tons), Bosnia and Herzegovina (X tons) and Italy (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to Croatia, together comprising 91% of total imports. These countries were followed by Poland, Hungary, Slovakia and Turkey, which together accounted for a further 8.5%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +144.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to Croatia were Slovenia ($X), Bosnia and Herzegovina ($X) and Italy ($X), together comprising 89% of total imports. Poland, Hungary, Slovakia and Turkey lagged somewhat behind, together accounting for a further 9.4%.

Poland, with a CAGR of +102.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, picking up by 5.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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