Croatia: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Croatia

For the fourth year in a row, the Croatian paper pulp moulded articles market recorded decline in sales value, which decreased by -32.1% to $X in 2022. In general, consumption continues to indicate a abrupt setback. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Moulded Or Pressed Articles Of Paper Pulp in Croatia

In value terms, paper pulp moulded articles production skyrocketed to $X in 2022 estimated in export price. In general, production, however, posted buoyant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Croatia

In 2022, after four years of growth, there was significant decline in overseas shipments of moulded or pressed articles of paper pulp, when their volume decreased by -23% to X tons. Over the period under review, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by 47% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank sharply in the following year.

In value terms, paper pulp moulded articles exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 30%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

France (X tons) was the main destination for paper pulp moulded articles exports from Croatia, with a 26% share of total exports. Moreover, paper pulp moulded articles exports to France exceeded the volume sent to the second major destination, Serbia (X tons), twofold. Bulgaria (X tons) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to +49.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+6.1% per year) and Bulgaria (+6.7% per year).

In value terms, France ($X) remains the key foreign market for moulded or pressed articles of paper pulp exports from Croatia, comprising 26% of total exports. The second position in the ranking was held by Serbia ($X), with a 12% share of total exports. It was followed by Germany, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +45.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+9.6% per year) and Germany (+15.5% per year).

Export Prices by Country

The average paper pulp moulded articles export price stood at $X per ton in 2022, surging by 65% against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Bulgaria ($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 the UK (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Croatia

In 2022, purchases abroad of moulded or pressed articles of paper pulp increased by 8.7% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 157%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, paper pulp moulded articles imports surged to $X in 2022. Overall, imports posted a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Hungary (X tons), the Czech Republic (X tons) and Denmark (X tons) were the main suppliers of paper pulp moulded articles imports to Croatia, together comprising 87% of total imports. Romania, Germany, Italy and Poland lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +227.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), the Czech Republic ($X) and Denmark ($X) were the largest paper pulp moulded articles suppliers to Croatia, together comprising 80% of total imports. Germany, Romania, Poland and Italy lagged somewhat behind, together comprising a further 17%.

Romania, with a CAGR of +214.1%, 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

In 2022, the average paper pulp moulded articles import price amounted to $X per ton, surging by 6.6% against the previous year. Overall, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 10%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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