Croatia: Market for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals 2025

Market Size for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals in Croatia

The Croatian compounds of rare-earth metals market expanded significantly to $X in 2022, surging by X% against the previous year. Overall, consumption saw a remarkable increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals in Croatia

In value terms, compounds of rare-earth metals production expanded significantly to $X in 2022 estimated in export price. In general, production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Exports from Croatia

After three years of decline, overseas shipments of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals decreased by X% to less than X kg in 2022. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X kg in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, compounds of rare-earth metals exports dropped significantly to $X in 2022. Overall, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X kg) was the main destination for compounds of rare-earth metals exports from Croatia, accounting for a approx. X% share of total exports.

From 2016 to 2019, the average annual growth rate of volume to Bosnia and Herzegovina stood at X%.

In value terms, Bosnia and Herzegovina ($X) also remains the key foreign market for compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals exports from Croatia.

From 2016 to 2019, the average annual rate of growth in terms of value to Bosnia and Herzegovina totaled X%.

Export Prices by Country

The average compounds of rare-earth metals export price stood at $X per ton in 2019, increasing by X% against the previous year. Overall, the export price showed a pronounced expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2019, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2016 to 2019, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to X% per year.

Imports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Imports into Croatia

In 2022, purchases abroad of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals increased by X% to X kg, rising for the second consecutive year after six years of decline. Overall, imports, however, faced a sharp slump. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, compounds of rare-earth metals imports skyrocketed to $X in 2022. In general, imports, however, recorded a sharp contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X kg), the United States (X kg) and Germany (X kg) were the main suppliers of compounds of rare-earth metals imports to Croatia, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the United States ($X) and Germany ($X) constituted the largest compounds of rare-earth metals suppliers to Croatia, with a combined X% share of total imports. The Czech Republic, the UK and Slovenia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the UK, with a CAGR of X%, saw 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

The average compounds of rare-earth metals import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Austria ($X per ton), while the price for the UK ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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