Report Update Nov 1, 2024

Croatia - Granite Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Granite Block Market 2024

Granite Block Market Size in Croatia

In 2022, the Croatian granite block market increased by 2.2% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a noticeable contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Granite Block Production in Croatia

In value terms, granite block production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced setback. The pace of growth was the most pronounced in 2017 when the production volume increased by 22%. Granite block production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Granite Block Exports

Exports from Croatia

In 2022, exports of granite blocks and slabs from Croatia dropped remarkably to X tons, falling by -18.5% compared with the year before. In general, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by 388% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, granite block exports fell markedly to $X in 2022. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 400% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Serbia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of granite block exports from Croatia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of +53.8%).

In value terms, Serbia ($X) remains the key foreign market for granite blocks and slabs exports from Croatia, comprising 88% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Serbia totaled +18.4%.

Export Prices by Country

The average granite block export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of 25%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Bosnia and Herzegovina amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+0.8%), while the prices for the other major destinations experienced a decline.

Granite Block Imports

Imports into Croatia

In 2022, purchases abroad of granite blocks and slabs was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, granite block imports surged to $X in 2022. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Greece (X tons) and India (X tons) were the main suppliers of granite block imports to Croatia, with a combined 80% share of total imports. Slovenia, Albania, Germany and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +105.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and India ($X) constituted the largest granite block suppliers to Croatia, together accounting for 82% of total imports. Greece, Bosnia and Herzegovina, Slovenia and Albania lagged somewhat behind, together accounting for a further 17%.

Among the main suppliers, Slovenia, with a CAGR of +83.5%, recorded 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

The average granite block import price stood at $X per ton in 2022, rising by 283% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price reached 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 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granite blocks and slabs in the world?

The countries with the highest volumes of granite block consumption in 2020 were China, the United States and India, with a combined 38% share of global consumption.

What are the largest producers of granite blocks and slabs in the world?

The countries with the highest volumes of granite block production in 2020 were India, Brazil and China, with a combined 38% share of global production. These countries were followed by the United States, Italy, Japan, Russia, Pakistan, Turkey, Spain, Mexico, Portugal and Iran, which together accounted for a further 34%.

What are the leading suppliers of granite blocks and slabs to Croatia?

In value terms, India, Italy and Greece constituted the largest granite block suppliers to Croatia, with a combined 78% share of total imports. These countries were followed by Austria and Pakistan, which together accounted for a further 22%.

What are the leading importers of granite blocks and slabs from Croatia?

In value terms, Austria remains the key foreign market for granite block exports from Croatia.

What is the average export price for granite blocks and slabs in Croatia?

The average granite block export price stood at $445 per ton in 2020, surging by 86% against the previous year.

What is the average import price for granite blocks and slabs in Croatia?

In 2020, the average granite block import price amounted to $175 per ton, waning by -17.7% against the previous year.

This report provides an in-depth analysis of the granite block market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111236 - Granite merely cut into rectangular (including square) blocks or slabs

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023