Croatia: Marble And Travertine Market 2022

Marble And Travertine Market Size in Croatia

For the third year in a row, the Croatian marble and travertine market recorded decline in sales value, which decreased by -1% to $X in 2021. Over the period under review, consumption, however, recorded a deep reduction. Marble and travertine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Marble And Travertine Production in Croatia

In value terms, marble and travertine production expanded significantly to $X in 2021 estimated in export price. In general, production, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 44%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Marble And Travertine Exports

Exports from Croatia

In 2021, after six years of decline, there was significant growth in overseas shipments of marble and travertine, when their volume increased by 48% to X tons. Overall, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 124% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, marble and travertine exports soared to $X in 2021. In general, exports recorded modest growth. The pace of growth was the most pronounced in 2013 with an increase of 75% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for marble and travertine exports from Croatia, with a 65% share of total exports. Moreover, marble and travertine exports to Italy exceeded the volume sent to the second major destination, China (X tons), threefold. Bosnia and Herzegovina (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at -15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+12.2% per year) and Bosnia and Herzegovina (+20.2% per year).

In value terms, the largest markets for marble and travertine exported from Croatia were Italy ($X), China ($X) and Belarus ($X), together comprising 85% of total exports.

In terms of the main countries of destination, Belarus, with a CAGR of +32.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average marble and travertine export price stood at $X per ton in 2021, falling by -9.8% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 60%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Italy (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Marble And Travertine Imports

Imports into Croatia

After seven years of decline, overseas purchases of marble and travertine increased by 19% to X tons in 2021. In general, imports, however, saw a abrupt contraction. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, marble and travertine imports surged to $X in 2021. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 28% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

North Macedonia (X tons), Bosnia and Herzegovina (X tons) and Slovenia (X tons) were the main suppliers of marble and travertine imports to Croatia, with a combined 64% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +85.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest marble and travertine suppliers to Croatia were North Macedonia ($X), Bosnia and Herzegovina ($X) and Slovenia ($X), together accounting for 65% of total imports.

Among the main suppliers, Slovenia, with a CAGR of +73.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in 2014 an increase of 29%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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