Croatia: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Croatia

In 2021, after two years of decline, there was significant growth in the Croatian multiple-walled insulating glass unit market, when its value increased by 66% to $X. In general, consumption, however, showed a abrupt slump. Multiple-walled insulating glass unit consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Multiple-Walled Insulating Units Of Glass in Croatia

In value terms, multiple-walled insulating glass unit production soared to $X in 2021 estimated in export price. Overall, production saw a resilient increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 167%. Over the period under review, production attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Croatia

In 2021, the amount of multiple-walled insulating units of glass exported from Croatia skyrocketed to X square meters, rising by 20% against 2020 figures. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 249% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, multiple-walled insulating glass unit exports skyrocketed to $X in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 126%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Poland (X square meters), Austria (X square meters) and Italy (X square meters) were the main destinations of multiple-walled insulating glass unit exports from Croatia, with a combined 50% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +424.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for multiple-walled insulating glass unit exported from Croatia were Poland ($X), Austria ($X) and Germany ($X), with a combined 49% share of total exports.

Among the main countries of destination, Poland, with a CAGR of +308.9%, recorded the highest growth rate of 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 multiple-walled insulating glass unit export price stood at $X per square meter in 2021, increasing by 12% against the previous year. Overall, the export price, however, faced a deep contraction. The growth pace was the most rapid in 2017 an increase of 15% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to Hungary ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-4.8%), while the prices for the other major destinations experienced a decline.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Croatia

For the fifth year in a row, Croatia recorded growth in overseas purchases of multiple-walled insulating units of glass, which increased by 11% to X square meters in 2021. Over the period under review, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 36% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, multiple-walled insulating glass unit imports expanded significantly to $X in 2021. In general, imports posted a tangible increase. The pace of growth appeared the most rapid in 2017 when imports increased by 103%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Slovenia (X square meters), Bosnia and Herzegovina (X square meters) and Hungary (X square meters) were the main suppliers of multiple-walled insulating glass unit imports to Croatia, together accounting for 91% of total imports. Poland, Germany and Austria lagged somewhat behind, together comprising a further 6.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +165.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Hungary ($X) were the largest multiple-walled insulating glass unit suppliers to Croatia, with a combined 82% share of total imports. These countries were followed by Poland, Germany and Austria, which together accounted for a further 13%.

Among the main suppliers, Poland, with a CAGR of +165.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, almost unchanged from the previous year. Overall, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2018 to 2021, the average 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 ($X per square meter), while the price for Hungary ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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