Croatia: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Croatia

In 2021, the Croatian vulcanised rubber mats market decreased by -18.4% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a pronounced decrease. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Vulcanised Rubber Mats Production in Croatia

In value terms, vulcanised rubber mats production stood at $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 70% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Vulcanised Rubber Mats Exports

Exports from Croatia

Vulcanised rubber mats exports from Croatia skyrocketed to X tons in 2021, jumping by 35% on the year before. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 431% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, vulcanised rubber mats exports skyrocketed to $X in 2021. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 356% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Ireland (X tons) was the main destination for vulcanised rubber mats exports from Croatia, accounting for a 39% share of total exports. Moreover, vulcanised rubber mats exports to Ireland exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland totaled +58.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+7.9% per year) and Germany (+128.2% per year).

In value terms, Ireland ($X), Slovenia ($X) and the Netherlands ($X) were the largest markets for vulcanised rubber mats exported from Croatia worldwide, with a combined 68% share of total exports. Germany, Finland, Bosnia and Herzegovina and Italy lagged somewhat behind, together accounting for a further 25%.

Italy, with a CAGR of +119.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 vulcanised rubber mats export price amounted to $X per ton, rising by 12% against the previous year. In general, the export price, however, showed a abrupt descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to the Netherlands ($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 Finland (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Croatia

Vulcanised rubber mats imports into Croatia reduced markedly to X tons in 2021, which is down by -23% compared with the previous year's figure. In general, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 34%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, vulcanised rubber mats imports totaled $X in 2021. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 41%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Slovenia (X tons) were the main suppliers of vulcanised rubber mats imports to Croatia, together comprising 46% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +64.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised rubber mats suppliers to Croatia were Slovenia ($X), Poland ($X) and Germany ($X), with a combined 58% share of total imports.

Among the main suppliers, Poland, with a CAGR of +49.4%, 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 2021, the average vulcanised rubber mats import price amounted to $X per ton, increasing by 38% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Slovenia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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