Croatia: Marble Building Stone Market 2024

Marble Building Stone Market Size in Croatia

After two years of decline, the Croatian marble building stone market increased by 20% to $X in 2021. In general, consumption, however, continues to indicate a mild downturn. Marble building stone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Marble Building Stone Production in Croatia

In value terms, marble building stone production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible reduction. Marble building stone production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Marble Building Stone Exports

Exports from Croatia

In 2021, overseas shipments of marble building stone decreased by -66.3% to X tons, falling for the second year in a row after two years of growth. In general, exports faced a sharp descent. The pace of growth appeared the most rapid in 2019 when exports increased by 90%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, marble building stone exports plummeted to $X in 2021. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by 352%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Montenegro (X tons) and Switzerland (X tons) were the main destinations of marble building stone exports from Croatia, together comprising 97% of total exports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +9.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Bosnia and Herzegovina ($X), Montenegro ($X) and Switzerland ($X) appeared to be the largest markets for marble building stone exported from Croatia worldwide, together comprising 91% of total exports. These countries were followed by Germany and Austria, which together accounted for a further 6%.

Germany, with a CAGR of +20.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average marble building stone export price amounted to $X per ton, with an increase of 11% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 142% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, 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 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 the United States (+584.0%), while the prices for the other major destinations experienced more modest paces of growth.

Marble Building Stone Imports

Imports into Croatia

In 2021, overseas purchases of marble building stone increased by 15% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 23% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, marble building stone imports soared to $X in 2021. Overall, imports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2013 when imports increased by 25%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), Bosnia and Herzegovina (X tons) and Albania (X tons) were the main suppliers of marble building stone imports to Croatia, together accounting for 53% of total imports. Armenia, the Czech Republic, Turkey and Serbia lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +122.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Serbia ($X) and Bosnia and Herzegovina ($X) were the largest marble building stone suppliers to Croatia, together comprising 58% of total imports. These countries were followed by Albania, Turkey, Armenia and the Czech Republic, which together accounted for a further 25%.

Albania, 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 more modest paces of growth.

Import Prices by Country

The average marble building stone import price stood at $X per ton in 2021, increasing by 1.6% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2013 an increase of 22%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a 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 Serbia ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Albania (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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