Croatia: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Croatia

The Croatian market for clays for construction and industrial use shrank to $X in 2022, with a decrease of -13.9% 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). In general, consumption saw a perceptible downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Clays For Construction and Industrial Use

Exports from Croatia

In 2022, overseas shipments of clays for construction and industrial use decreased by -59% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2015 with an increase of 790%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of clays for construction and industrial use skyrocketed to $X in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of 615%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Montenegro (X tons) and Serbia (X tons) were the main destinations of exports of clays for construction and industrial use from Croatia, with a combined 87% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Montenegro (with a CAGR of +123.6%), while the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for clays for construction and industrial use exports from Croatia, comprising 55% of total exports. The second position in the ranking was held by Serbia ($X), with a 25% share of total exports. It was followed by Montenegro, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina stood at +28.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+49.0% per year) and Montenegro (+97.7% per year).

Export Prices by Country

The average export price for clays for construction and industrial use stood at $X per ton in 2022, with an increase of 348% against the previous year. Over the period under review, the export price posted a buoyant expansion. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Montenegro ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+32.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into Croatia

In 2022, the amount of clays for construction and industrial use imported into Croatia declined dramatically to X tons, which is down by -20.5% against the previous year. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 58%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of clays for construction and industrial use dropped slightly to $X in 2022. Over the period under review, imports showed a noticeable reduction. The growth pace was the most rapid in 2013 when imports increased by 67% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Slovenia (X tons), Spain (X tons) and Greece (X tons) were the main suppliers of imports of clays for construction and industrial use to Croatia, together accounting for 66% of total imports. Germany, the Czech Republic, Austria and the Netherlands lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +66.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest clays for construction and industrial use suppliers to Croatia were Slovenia ($X), Spain ($X) and Germany ($X), together accounting for 79% of total imports. Greece, Austria, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further 16%.

Greece, with a CAGR of +57.9%, 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

In 2022, the average import price for clays for construction and industrial use amounted to $X per ton, growing by 22% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clays for construction and industrial use increased by +47.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 57% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Spain ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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