Croatia: Corrugated Paper Market 2025

Corrugated Paper Market Size in Croatia

In 2021, the Croatian corrugated paper market was finally on the rise to reach $X after two years of decline. Overall, consumption posted a buoyant increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Corrugated Paper Production in Croatia

In value terms, corrugated paper production surged to $X in 2021 estimated in export price. Over the period under review, production saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 132%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Corrugated Paper Exports

Exports from Croatia

In 2021, after five years of decline, there was significant growth in shipments abroad of corrugated paper and paperboard, when their volume increased by 20% to X tons. The total export volume increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 25%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, corrugated paper exports soared to $X in 2021. The total export value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Slovenia (X tons) and Serbia (X tons) were the main destinations of corrugated paper exports from Croatia, with a combined 87% share of total exports. These countries were followed by Hungary and Italy, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +60.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Slovenia ($X) and Serbia ($X) constituted the largest markets for corrugated paper exported from Croatia worldwide, with a combined 86% share of total exports. These countries were followed by Hungary and Italy, which together accounted for a further 14%.

In terms of the main countries of destination, Italy, with a CAGR of +58.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average corrugated paper export price amounted to $X per ton, rising by 20% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Serbia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Imports

Imports into Croatia

In 2021, purchases abroad of corrugated paper and paperboard increased by 14% to X tons, rising for the seventh consecutive year after two years of decline. Over the period under review, imports showed a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 77% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, corrugated paper imports surged to $X in 2021. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 55% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Italy (X tons) constituted the largest corrugated paper supplier to Croatia, accounting for a 47% share of total imports. Moreover, corrugated paper imports from Italy exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tons), twofold. The third position in this ranking was held by Serbia (X tons), with a 19% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +37.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (-5.7% per year) and Serbia (+10.9% per year).

In value terms, Italy ($X), Bosnia and Herzegovina ($X) and Serbia ($X) constituted the largest corrugated paper suppliers to Croatia, together comprising 77% of total imports. Slovenia, Hungary and Germany lagged somewhat behind, together accounting for a further 21%.

Hungary, with a CAGR of +32.8%, 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 corrugated paper import price stood at $X per ton in 2021, surging by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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