Croatia: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Croatia

The Croatian gypsum, anhydrite and limestone market skyrocketed to $X in 2021, rising by 90% against the previous year. Over the period under review, consumption, however, faced a abrupt setback. Gypsum, anhydrite and limestone consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Gypsum, Anhydrite And Limestone in Croatia

In value terms, gypsum, anhydrite and limestone production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a deep reduction. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Croatia

In 2021, exports of gypsum, anhydrite and limestone from Croatia surged to X tons, jumping by 78,519% against 2020 figures. Over the period under review, exports, however, recorded a deep reduction. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, gypsum, anhydrite and limestone exports skyrocketed to $X in 2021. In general, exports, however, saw a dramatic decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for gypsum, anhydrite and limestone exports from Croatia, accounting for a 100% share of total exports. It was followed by Serbia (X tons), with a 0.2% share of total exports. Slovenia (X kg) ranked third in terms of total exports with less than 0.1% share.

From 2012 to 2021, the average annual growth rate of volume to Bosnia and Herzegovina totaled +27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-53.8% per year) and Slovenia (-73.1% per year).

In value terms, Bosnia and Herzegovina ($X) emerged as the key foreign market for gypsum, anhydrite and limestone exports from Croatia, comprising 100% of total exports. The second position in the ranking was held by Serbia ($X), with a 0.2% share of total exports. It was followed by Slovenia, with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bosnia and Herzegovina totaled +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-63.4% per year) and Slovenia (-71.6% per year).

Export Prices by Country

The average gypsum, anhydrite and limestone export price stood at $X per ton in 2021, waning by -44.2% against the previous year. In general, the export price faced a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 129% against the previous year. Over the period under review, the average export prices reached the maximum 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Germany (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gypsum, Anhydrite And Limestone

Imports into Croatia

In 2021, after three years of growth, there was decline in overseas purchases of gypsum, anhydrite and limestone, when their volume decreased by -3.9% to X tons. Overall, total imports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 65%. Over the period under review, imports attained the peak figure at X tons in 2020, and then declined in the following year.

In value terms, gypsum, anhydrite and limestone imports reduced to $X in 2021. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 39%. Over the period under review, imports attained the maximum at $X in 2020, and then shrank in the following year.

Imports by Country

In 2021, Bosnia and Herzegovina (X tons) was the main gypsum, anhydrite and limestone supplier to Croatia, with a 98% share of total imports. It was followed by Italy (X tons), with a 1.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Bosnia and Herzegovina totaled +4.7%.

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of gypsum, anhydrite and limestone to Croatia, comprising 86% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Bosnia and Herzegovina amounted to +6.5%.

Import Prices by Country

The average gypsum, anhydrite and limestone import price stood at $X per ton in 2021, waning by -6.5% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, gypsum, anhydrite and limestone import price increased by +8.5% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 50%. As a result, import price reached the peak level of $X per ton. From 2018 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 Italy ($X per ton), while the price for Bosnia and Herzegovina totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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