Croatia: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Croatia

In 2022, the Croatian other papers packaging market increased by 36% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Other Papers Packaging Production in Croatia

In value terms, other papers packaging production reduced to $X in 2022 estimated in export price. Overall, production recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 14%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Other Papers Packaging Exports

Exports from Croatia

Other papers packaging exports from Croatia reduced markedly to X tons in 2022, waning by -28.3% against the previous year's figure. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 3,297%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, other papers packaging exports shrank dramatically to $X in 2022. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1,756% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X tons) was the main destination for other papers packaging exports from Croatia, with a 93% share of total exports. Moreover, other papers packaging exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Slovenia totaled +21.3%.

In value terms, Slovenia ($X) remains the key foreign market for other papers packaging exports from Croatia, comprising 84% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Slovenia amounted to +12.3%.

Export Prices by Country

In 2022, the average other papers packaging export price amounted to $X per ton, waning by -29.8% against the previous year. Over the period under review, the export price, however, showed strong growth. The pace of growth was the most pronounced in 2018 an increase of 265% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, 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 Bosnia and Herzegovina ($X per ton), while the average price for exports to Slovenia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.2%), while the prices for the other major destinations experienced a decline.

Other Papers Packaging Imports

Imports into Croatia

In 2022, purchases abroad of other papers packaging was finally on the rise to reach X tons after two years of decline. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.5% 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 2014 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, other papers packaging imports surged to $X in 2022. In general, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) was the main other papers packaging supplier to Croatia, accounting for a 94% share of total imports. It was followed by Slovenia (X tons), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (-7.8% per year) and the Netherlands (-19.3% per year).

In value terms, Italy ($X) constituted the largest supplier of other papers packaging to Croatia, comprising 87% of total imports. The second position in the ranking was taken by Slovenia ($X), with a 1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (-5.3% per year) and the Netherlands (-15.1% per year).

Import Prices by Country

The average other papers packaging import price stood at $X per ton in 2022, surging by 40% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging import price increased by +96.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 41%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Italy ($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 Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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