Croatia: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Croatia

The Croatian halogenated hydrocarbon derivative market contracted to $X in 2022, waning by -5.2% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Halogenated hydrocarbon derivative consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Production in Croatia

In value terms, halogenated hydrocarbon derivative production declined modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by 2.6% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Halogenated Hydrocarbon Derivative Exports

Exports from Croatia

In 2022, halogenated hydrocarbon derivative exports from Croatia reduced modestly to X tons, dropping by -3.9% compared with the previous year's figure. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 94%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative exports declined rapidly to $X in 2022. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Serbia (X tons), Slovenia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of halogenated hydrocarbon derivative exports from Croatia, together comprising 65% of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +14.2%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for halogenated hydrocarbon derivative exported from Croatia were Slovenia ($X), Serbia ($X) and North Macedonia ($X), together accounting for 74% of total exports.

Slovenia, with a CAGR of +16.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average halogenated hydrocarbon derivative export price stood at $X per ton in 2022, which is down by -21.2% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced increase. The growth pace was the most rapid in 2017 an increase of 205% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Montenegro ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Halogenated Hydrocarbon Derivative Imports

Imports into Croatia

In 2022, overseas purchases of halogenated derivatives of hydrocarbons increased by 67% to X tons, rising for the second year in a row after three years of decline. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, halogenated hydrocarbon derivative imports surged to $X in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 +84.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 86% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of halogenated hydrocarbon derivative to Croatia, accounting for a 38% share of total imports. Moreover, halogenated hydrocarbon derivative imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.7% per year) and Austria (+31.6% per year).

In value terms, China ($X), Italy ($X) and Slovenia ($X) constituted the largest halogenated hydrocarbon derivative suppliers to Croatia, with a combined 67% share of total imports. Austria, Poland, France, the Czech Republic, Germany and the UK lagged somewhat behind, together comprising a further 25%.

Poland, with a CAGR of +135.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 halogenated hydrocarbon derivative import price amounted to $X per ton, waning by -16.5% against the previous year. In general, the import price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2020 an increase of 33%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then reduced notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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