Croatia: Natural Sand Market 2022

Natural Sand Market Size in Croatia

In 2021, after two years of growth, there was decline in the Croatian natural sand market, when its value decreased by -2.7% to $X. In general, consumption continues to indicate a pronounced slump. Natural sand consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Natural Sand Production in Croatia

In value terms, natural sand production contracted to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by 16%. Natural sand production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Natural Sand Exports

Exports from Croatia

In 2021, natural sand exports from Croatia expanded sharply to X tons, increasing by 8.4% on the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 176%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, natural sand exports amounted to $X in 2021. Overall, exports recorded a moderate expansion. The most prominent rate of growth was recorded in 2019 with an increase of 269% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovenia (X tons) was the main destination for natural sand exports from Croatia, with a 63% share of total exports. Moreover, natural sand exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold. Serbia (X tons) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+7.7% per year) and Serbia (+30.9% per year).

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Serbia ($X) appeared to be the largest markets for natural sand exported from Croatia worldwide, with a combined 88% share of total exports. Austria lagged somewhat behind, comprising a further 1.3%.

Among the main countries of destination, Austria, with a CAGR of +23.7%, 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

In 2021, the average natural sand export price amounted to $X per ton, shrinking by -6.5% against the previous year. In general, the export price, however, posted a notable increase. The pace of growth was the most pronounced in 2013 an increase of 94%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovenia ($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 Slovenia (+2.7%), while the prices for the other major destinations experienced a decline.

Natural Sand Imports

Imports into Croatia

In 2021, imports of natural sands into Croatia surged to X tons, rising by 136% against the previous year. Over the period under review, imports showed a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural sand imports reached $X in 2021. In general, imports, however, saw a noticeable decline. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Serbia (X tons) constituted the largest natural sand supplier to Croatia, with a 48% share of total imports. Moreover, natural sand imports from Serbia exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Slovakia (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from Serbia stood at +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+0.1% per year) and Slovakia (-11.6% per year).

In value terms, Italy ($X), the Czech Republic ($X) and Slovenia ($X) constituted the largest natural sand suppliers to Croatia, with a combined 45% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +18.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average natural sand import price stood at $X per ton in 2021, falling by -52.1% against the previous year. Overall, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2013 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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