Croatia: Hydraulic Lime Market 2025

Hydraulic Lime Market Size in Croatia

In 2022, after two years of growth, there was significant decline in the Croatian hydraulic lime market, when its value decreased by -26.1% to $X. Over the period under review, consumption saw a mild decrease. Hydraulic lime consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Lime Exports

Exports from Croatia

In 2022, shipments abroad of hydraulic lime increased by 17% to X tons, rising for the second year in a row after two years of decline. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 106,567% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, hydraulic lime exports expanded modestly to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 58,550% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for hydraulic lime exports from Croatia, with a 91% share of total exports. Moreover, hydraulic lime exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina stood at +67.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+39.2% per year) and Slovenia (+113.7% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for hydraulic lime exports from Croatia, comprising 78% of total exports. The second position in the ranking was taken by Serbia ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina totaled +53.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+43.3% per year) and Slovenia (+116.6% per year).

Export Prices by Country

In 2022, the average hydraulic lime export price amounted to $X per ton, shrinking by -12.5% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 64% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Serbia (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Hydraulic Lime Imports

Imports into Croatia

In 2022, after two years of growth, there was significant decline in supplies from abroad of hydraulic lime, when their volume decreased by -34.9% to X tons. Over the period under review, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, hydraulic lime imports contracted dramatically to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 64%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Slovenia (X tons), Bosnia and Herzegovina (X tons) and Italy (X tons) were the main suppliers of hydraulic lime imports to Croatia, with a combined 92% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +60.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Italy ($X) appeared to be the largest hydraulic lime suppliers to Croatia, with a combined 88% share of total imports.

Slovenia, with a CAGR of +63.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hydraulic lime import price stood at $X per ton in 2022, growing by 24% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. 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 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Bosnia and Herzegovina ($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 (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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