Croatia: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Croatia

In 2022, the Croatian market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 37% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Croatia

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Croatia

Exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Croatia skyrocketed to X square meters in 2022, jumping by 144% compared with 2021. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 407% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground surged to $X in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 433% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Italy (X square meters), Poland (X square meters) and Slovenia (X square meters) were the main destinations of exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Croatia, with a combined 76% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +235.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) remains the key foreign market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exports from Croatia, comprising 68% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by Serbia, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia totaled +53.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+63.0% per year) and Serbia (+104.6% per year).

Export Prices by Country

The average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, falling by -52.1% against the previous year. In general, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of 178%. The export price peaked at $X per square meter in 2021, and then fell notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Croatia

In 2022, supplies from abroad of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 3% to X square meters, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground skyrocketed to $X in 2022. In general, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X square meters), Italy (X square meters) and Romania (X square meters) were the main suppliers of imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Croatia, together accounting for 79% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +58.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and Romania ($X) were the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground suppliers to Croatia, with a combined 79% share of total imports.

Among the main suppliers, Romania, with a CAGR of +65.0%, saw the highest growth rate of 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 2022, the average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, surging by 47% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by +90.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform