Croatia: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Croatia

In 2022, the Croatian market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a pronounced reduction. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Croatia

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 182%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Croatia

Exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Croatia expanded markedly to X tons in 2022, surging by 10% against the year before. Over the period under review, exports showed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 1,964% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2015 when exports increased by 515%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X kg), India (X kg) and Russia (X kg) were the main destinations of exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Croatia, with a combined 69% share of total exports. South Korea, Turkey, Poland, Montenegro and China lagged somewhat behind, together comprising a further 27%.

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 +592.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cyclanic, cyclenic or cycloterpenic mono- or polyamines exported from Croatia were Brazil ($X), India ($X) and South Korea ($X), together comprising 71% of total exports. Russia, Turkey, Poland, China and Montenegro lagged somewhat behind, together comprising a further 25%.

In terms of the main countries of destination, Montenegro, with a CAGR of +325.4%, recorded the highest growth rate of 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

The average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, picking up by 19% against the previous year. Over the period under review, the export price, however, saw a slight downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 906% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Montenegro ($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 Portugal (+293.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Croatia

In 2022, approx. X tons of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof were imported into Croatia; picking up by 36% against 2021. Overall, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 with an increase of 242%. Over the period under review, imports of reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022. In general, imports posted a noticeable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,311%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines to Croatia, accounting for a 49% share of total imports. Moreover, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from the UK exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled +60.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+126.7% per year) and Italy (+3.9% per year).

In value terms, Italy ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Croatia, comprising 61% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports. It was followed by the Czech Republic, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +25.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+45.5% per year) and the Czech Republic (+122.1% per year).

Import Prices by Country

In 2022, the average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, surging by 10% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 647%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 Italy ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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