Croatia: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Croatia

The Croatian market for nets of twine, cordage, rope or textile materials plummeted to $X in 2022, which is down by -39.2% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Croatia

In value terms, twine, cordage or textile net production shrank to $X in 2022 estimated in export price. Overall, production, however, saw buoyant growth. The growth pace was the most rapid in 2014 with an increase of 88%. Twine, cordage or textile net production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Croatia

For the fourth year in a row, Croatia recorded decline in overseas shipments of nets of twine, cordage, rope or textile materials, which decreased by -1.3% to X tons in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 440%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, twine, cordage or textile net exports reduced sharply to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 654% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X tons) was the main destination for twine, cordage or textile net exports from Croatia, accounting for a 49% share of total exports. Moreover, twine, cordage or textile net exports to Greece exceeded the volume sent to the second major destination, Slovenia (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Greece stood at +51.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+47.2% per year) and Italy (+1.8% per year).

In value terms, Greece ($X) remains the key foreign market for nets of twine, cordage, rope or textile materials exports from Croatia, comprising 55% of total exports. The second position in the ranking was taken by Italy ($X), with a 14% share of total exports. It was followed by Australia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Greece totaled +66.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+10.3% per year) and Australia (+30.7% per year).

Export Prices by Country

In 2022, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, which is down by -22.1% against the previous year. Over the period under review, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2014 an increase of 53% against the previous year. The export price peaked at $X per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Serbia ($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 New Zealand (+226.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Croatia

In 2022, imports of nets of twine, cordage, rope or textile materials into Croatia dropped markedly to X tons, with a decrease of -24.8% compared with the previous year. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 35%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, twine, cordage or textile net imports dropped sharply to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

Slovenia (X tons), Germany (X tons) and China (X tons) were the main suppliers of twine, cordage or textile net imports to Croatia, with a combined 57% share of total imports. Italy, Thailand, France, Vietnam, Serbia, India, Hungary, Greece, Austria and North Macedonia lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +46.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest twine, cordage or textile net suppliers to Croatia were Italy ($X), Germany ($X) and Slovenia ($X), with a combined 51% share of total imports. China, Thailand, Vietnam, Serbia, Hungary, France, Austria, Greece, India and North Macedonia lagged somewhat behind, together accounting for a further 40%.

Among the main suppliers, India, with a CAGR of +49.5%, saw the highest growth rate of 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 import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, reducing by -23.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 30% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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