Croatia: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Croatia

For the third year in a row, the Croatian non-cellular polyvinyl chloride film market recorded growth in sales value, which increased by 9.9% to $X in 2022. In general, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +87.4% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Production of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Croatia

In value terms, non-cellular polyvinyl chloride film production dropped to $X in 2022 estimated in export price. Overall, production recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by 11% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Croatia

In 2022, overseas shipments of non-cellular polyvinyl chloride films, sheets, foil and strip increased by 38% to X tons, rising for the second year in a row after three years of decline. Overall, exports showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 154% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, non-cellular polyvinyl chloride film exports skyrocketed to $X in 2022. Over the period under review, exports showed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 97%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Bosnia and Herzegovina (X tons), Slovenia (X tons) and Germany (X tons) were the main destinations of non-cellular polyvinyl chloride film exports from Croatia, together accounting for 79% of total exports. Montenegro, Serbia, the Czech Republic, Bulgaria, Russia and Italy lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +294.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Slovenia ($X) and Germany ($X) were the largest markets for non-cellular polyvinyl chloride film exported from Croatia worldwide, with a combined 77% share of total exports. Serbia, Montenegro, the Czech Republic, Bulgaria, Russia and Italy lagged somewhat behind, together comprising a further 16%.

Bulgaria, with a CAGR of +221.9%, saw the highest rates of growth with regard to the value of exports, among 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 2022, the average non-cellular polyvinyl chloride film export price amounted to $X per ton, with an increase of 13% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2015 an increase of 21% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Italy ($X per ton), while the average price for exports to the Czech Republic ($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 Serbia (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Croatia

Non-cellular polyvinyl chloride film imports into Croatia expanded rapidly to X tons in 2022, surging by 9.9% against the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, non-cellular polyvinyl chloride film imports amounted to $X in 2022. Overall, imports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of non-cellular polyvinyl chloride film imports to Croatia, together comprising 73% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +28.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) were the largest non-cellular polyvinyl chloride film suppliers to Croatia, with a combined 74% share of total imports.

Spain, with a CAGR of +21.7%, recorded the highest growth rate of the value of imports, in terms of 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 non-cellular polyvinyl chloride film import price stood at $X per ton in 2022, growing by 3.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2017 an increase of 28%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($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 (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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