Croatia: Disperse Dye Market 2024

Disperse Dye Market Size in Croatia

The Croatian disperse dye market contracted to $X in 2021, which is down by -8.9% against the previous year. Over the period under review, consumption saw a abrupt downturn. Disperse dye consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Disperse Dye Production in Croatia

In value terms, disperse dye production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by 29%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Disperse Dye Exports

Exports from Croatia

For the fifth consecutive year, Croatia recorded decline in overseas shipments of disperse dyes and preparations based thereon, which decreased by -26.7% to X tons in 2021. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2013 when exports increased by 70% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, disperse dye exports contracted significantly to $X in 2021. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 105%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Slovenia (X tons) was the main destination for disperse dye exports from Croatia, with a 96% share of total exports. Moreover, disperse dye exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia totaled -12.5%.

In value terms, Slovenia ($X) remains the key foreign market for disperse dyes and preparations based thereon exports from Croatia, comprising 95% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovenia stood at -12.2%.

Export Prices by Country

The average disperse dye export price stood at $X per ton in 2021, remaining constant against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Slovenia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Disperse Dye Imports

Imports into Croatia

In 2021, after five years of growth, there was significant decline in supplies from abroad of disperse dyes and preparations based thereon, when their volume decreased by -89% to X tons. Overall, imports saw a precipitous decline. The growth pace was the most rapid in 2018 with an increase of 360%. Imports peaked at X tons in 2020, and then dropped significantly in the following year.

In value terms, disperse dye imports reduced remarkably to $X in 2021. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 431% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Serbia (X tons) constituted the largest supplier of disperse dye to Croatia, accounting for a 56% share of total imports. Moreover, disperse dye imports from Serbia exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Serbia amounted to -24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.5% per year) and Italy (+8.9% per year).

In value terms, Germany ($X), Italy ($X) and Austria ($X) appeared to be the largest disperse dye suppliers to Croatia, together accounting for 80% of total imports.

Among the main suppliers, Austria, with a CAGR of +40.0%, recorded 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

In 2021, the average disperse dye import price amounted to $X per ton, growing by 32% against the previous year. In general, the import price saw prominent growth. The pace of growth appeared the most rapid in 2015 an increase of 164%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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