Croatia: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Croatia

For the third year in a row, the Croatian assembled parquet panels market recorded decline in sales value, which decreased by -24.7% to $X in 2021. In general, consumption recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Assembled Parquet Panels Production in Croatia

In value terms, assembled parquet panels production soared to $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +85.9% against 2016 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Assembled Parquet Panels Exports

Exports from Croatia

In 2021, overseas shipments of assembled parquet panels increased by 19% to X tons, rising for the fifth consecutive year after three years of decline. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, assembled parquet panels exports skyrocketed to $X in 2021. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 41%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Switzerland (X tons) and Lithuania (X tons) were the main destinations of assembled parquet panels exports from Croatia, with a combined 48% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +233.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Lithuania ($X) and Switzerland ($X) were the largest markets for assembled parquet panels exported from Croatia worldwide, with a combined 51% share of total exports.

Lithuania, with a CAGR of +271.4%, saw the highest growth rate of the value of exports, in terms of 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

The average assembled parquet panels export price stood at $X per ton in 2021, increasing by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Turkey ($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 France (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports into Croatia

After two years of decline, overseas purchases of assembled parquet panels increased by 7.4% to X tons in 2021. Over the period under review, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -27.2% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 38%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, assembled parquet panels imports soared to $X in 2021. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 46% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Slovenia (X tons), Serbia (X tons) and Austria (X tons) were the main suppliers of assembled parquet panels imports to Croatia, together accounting for 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +14.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest assembled parquet panels suppliers to Croatia were Slovenia ($X), Serbia ($X) and Austria ($X), with a combined 69% share of total imports. Germany, Italy, Lithuania, Bosnia and Herzegovina, Poland, Hungary and Switzerland lagged somewhat behind, together accounting for a further 29%.

Lithuania, with a CAGR of +24.0%, 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 assembled parquet panels import price stood at $X per ton in 2021, with an increase of 12% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, assembled parquet panels import price increased by +75.8% against 2015 indices. The growth pace was the most rapid in 2020 an increase of 16%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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