Croatia: Carbides Market 2025

Carbides Market Size in Croatia

In 2022, the Croatian carbides market increased by 63% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. Carbides consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Carbides Exports

Exports from Croatia

In 2022, shipments abroad of carbides decreased by -51.1% to X kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of 4,300%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, carbides exports reduced rapidly to $X in 2022. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by 787% 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) and Serbia (X kg) were the main destinations of carbides exports from Croatia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of +17.1%).

In value terms, Serbia ($X) emerged as the key foreign market for carbides exports from Croatia, comprising 66% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 33% share of total exports.

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

Export Prices by Country

The average carbides export price stood at $X per ton in 2022, falling by -9.7% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The growth pace was the most rapid in 2018 when the average export price increased by 901% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Bosnia and Herzegovina totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

Carbides Imports

Imports into Croatia

After five years of decline, purchases abroad of carbides increased by 63% to X tons in 2022. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, carbides imports surged to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; afterwards, it flattened through to 2022.

Imports by Country

Slovenia (X tons), Slovakia (X tons) and Germany (X tons) were the main suppliers of carbides imports to Croatia, with a combined 90% share of total imports. Italy, Poland and Austria lagged somewhat behind, together accounting for a further 8.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +183.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest carbides suppliers to Croatia were Germany ($X), Slovenia ($X) and Slovakia ($X), with a combined 83% share of total imports. Italy, Poland and Austria lagged somewhat behind, together comprising a further 17%.

In terms of the main suppliers, Italy, with a CAGR of +170.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average carbides import price amounted to $X per ton, flattening at the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; afterwards, it flattened through to 2022.

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 Poland ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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