Croatia: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Croatia

The Croatian paperboard container machine market surged to $X in 2022, with an increase of 24% against the previous year. In general, consumption, however, showed a pronounced decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Paperboard Container Machine Production in Croatia

In value terms, paperboard container machine production skyrocketed to $X in 2022 estimated in export price. In general, production posted a moderate increase. The pace of growth appeared the most rapid in 2020 with an increase of 141% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Paperboard Container Machine Exports

Exports from Croatia

In 2022, overseas shipments of machines for making containers of paper or paperboard increased by 38% to X units, rising for the second consecutive year after two years of decline. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 1,100% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, paperboard container machine exports skyrocketed to $X in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 3,348%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X units) was the main destination for paperboard container machine exports from Croatia, with a 51% share of total exports. Moreover, paperboard container machine exports to France exceeded the volume sent to the second major destination, Switzerland (X units), threefold. The United States (X units) ranked third in terms of total exports with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +74.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+42.0% per year) and the United States (+1.2% per year).

In value terms, France ($X) remains the key foreign market for machines for making containers of paper or paperboard exports from Croatia, comprising 46% of total exports. The second position in the ranking was held by Switzerland ($X), with a 22% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +71.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+37.7% per year) and the United States (+9.4% per year).

Export Prices by Country

In 2022, the average paperboard container machine export price amounted to $X per unit, waning by -14.8% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 197%. The export price peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Paperboard Container Machine Imports

Imports into Croatia

In 2022, the amount of machines for making containers of paper or paperboard imported into Croatia surged to X units, with an increase of 64% on 2021 figures. In general, imports, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2014 with an increase of 700% against the previous year. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, paperboard container machine imports surged to $X in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 when imports increased by 689% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Serbia (X units), Germany (X units) and Austria (X units) were the main suppliers of paperboard container machine imports to Croatia, together comprising 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +46.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of machines for making containers of paper or paperboard to Croatia, comprising 77% of total imports. The second position in the ranking was held by Austria ($X), with a 12% share of total imports. It was followed by Serbia, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +45.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+141.5% per year) and Serbia (+60.2% per year).

Import Prices by Country

In 2022, the average paperboard container machine import price amounted to $X per unit, jumping by 49% against the previous year. In general, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 130% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+177.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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