Croatia: Market for Non-Refractory Clay Constructional Products 2024

Market Size for Non-Refractory Clay Constructional Products in Croatia

For the fifth consecutive year, the Croatian non-refractory clay constructional products market recorded growth in sales value, which increased by 8.1% to $X in 2022. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +130.5% against 2015 indices. Non-refractory clay constructional products consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Non-Refractory Clay Constructional Products in Croatia

In value terms, non-refractory clay constructional products production rose significantly to $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +120.1% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 39% against the previous year. Non-refractory clay constructional products production peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Non-Refractory Clay Constructional Products

Exports from Croatia

In 2022, shipments abroad of non-refractory clay constructional products increased by 14% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 74%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-refractory clay constructional products exports surged to $X in 2022. In general, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for non-refractory clay constructional products exports from Croatia, accounting for a 71% share of total exports. Moreover, non-refractory clay constructional products exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Bulgaria (X tons), sixfold. The third position in this ranking was taken by Slovenia (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina amounted to -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+19.6% per year) and Slovenia (+16.1% per year).

In value terms, the largest markets for non-refractory clay constructional products exported from Croatia were Bosnia and Herzegovina ($X), Bulgaria ($X) and Slovenia ($X), together accounting for 92% of total exports.

Among the main countries of destination, Slovenia, with a CAGR of +49.2%, saw 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 2022, the average non-refractory clay constructional products export price amounted to $X per ton, increasing by 51% against the previous year. Over the period under review, the export price recorded a strong expansion. The growth pace was the most rapid in 2016 an increase of 62% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Refractory Clay Constructional Products

Imports into Croatia

In 2022, supplies from abroad of non-refractory clay constructional products increased by 32% to X tons, rising for the fifth year in a row after three years of decline. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +134.4% against 2017 indices. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, non-refractory clay constructional products imports rose sharply to $X in 2022. Overall, total imports indicated a temperate expansion from 2012 to 2022: its value 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 increased by +79.9% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of 26%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), Hungary (X tons) and Slovenia (X tons) were the main suppliers of non-refractory clay constructional products imports to Croatia, with a combined 97% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +92.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of non-refractory clay constructional products to Croatia, comprising 60% of total imports. The second position in the ranking was taken by Hungary ($X), with a 16% share of total imports. It was followed by Slovenia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+80.8% per year) and Slovenia (+41.8% per year).

Import Prices by Country

The average non-refractory clay constructional products import price stood at $X per ton in 2022, waning by -14.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Italy ($X per ton), while the price for Hungary ($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 (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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