Croatia: Sulphite Wood Pulp Market 2025

Sulphite Wood Pulp Market Size in Croatia

The Croatian sulphite wood pulp market expanded notably to $X in 2021, picking up by 7.6% against the previous year. Overall, consumption, however, saw a noticeable slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Sulphite Wood Pulp Production in Croatia

In value terms, sulphite wood pulp production rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced decrease. The growth pace was the most rapid in 2014 with an increase of 18% against the previous year. Sulphite wood pulp production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Sulphite Wood Pulp Exports

Exports from Croatia

For the third year in a row, Croatia recorded decline in overseas shipments of chemical wood pulp (sulphite, other than dissolving grades), which decreased by -11.8% to X kg in 2021. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 491% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, sulphite wood pulp exports fell to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 430%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X kg) was the main destination for sulphite wood pulp exports from Croatia, with a 67% share of total exports. Moreover, sulphite wood pulp exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-11.4% per year) and Bulgaria (-40.0% per year).

In value terms, Serbia ($X), Bosnia and Herzegovina ($X) and Bulgaria ($X) constituted the largest markets for sulphite wood pulp exported from Croatia worldwide, with a combined 96% share of total exports.

Bosnia and Herzegovina, with a CAGR of +3.4%, saw 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 a decline.

Export Prices by Country

In 2021, the average sulphite wood pulp export price amounted to $X per ton, stabilizing at the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphite wood pulp export price increased by +25.1% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 26% against the previous year. The export price peaked at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Serbia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Bulgaria (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphite Wood Pulp Imports

Imports into Croatia

In 2021, sulphite wood pulp imports into Croatia declined slightly to X tons, therefore, remained relatively stable against 2020 figures. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.5% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, sulphite wood pulp imports expanded slightly to $X in 2021. In general, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -8.7% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 38% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons) and Austria (X tons) were the main suppliers of sulphite wood pulp imports to Croatia.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +18.4%).

In value terms, the largest sulphite wood pulp suppliers to Croatia were Germany ($X) and Austria ($X).

Austria, with a CAGR of +16.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average sulphite wood pulp import price stood at $X per ton in 2021, surging by 4.3% against the previous year. Over the period under review, the import price, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 8.8%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-1.1%).

Source: IndexBox Platform

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