Croatia: Particle Board Market 2025

Particle Board Market Size in Croatia

The Croatian particle board market soared to $X in 2022, picking up by 19% against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +78.4% against 2016 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Particle Board Production in Croatia

In value terms, particle board production reached $X in 2022 estimated in export price. In general, production, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the production volume increased by 147% against the previous year. Particle board production peaked in 2022 and is likely to continue growth in years to come.

Particle Board Exports

Exports from Croatia

After two years of growth, overseas shipments of particle board decreased by -20.2% to X cubic meters in 2022. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports reached the peak of X cubic meters, and then reduced markedly in the following year.

In value terms, particle board exports shrank to $X in 2022. Overall, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Bosnia and Herzegovina (X cubic meters), Italy (X cubic meters) and Slovenia (X cubic meters) were the main destinations of particle board exports from Croatia, together comprising 78% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +26.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for particle board exported from Croatia were Bosnia and Herzegovina ($X), Italy ($X) and Slovenia ($X), with a combined 77% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +29.8%, recorded 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

The average particle board export price stood at $X per cubic meter in 2022, increasing by 18% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, particle board export price increased by +68.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 43%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($X per cubic meter) and Bosnia and Herzegovina ($X per cubic meter), while the average price for exports to Serbia ($X per cubic meter) and Romania ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Croatia

In 2022, supplies from abroad of particle board decreased by -7.7% to X cubic meters, falling for the third consecutive year after eight years of growth. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume 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, imports decreased by -12.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 39% against the previous year. Over the period under review, imports reached the peak figure at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, particle board imports reached $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +32.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Austria (X cubic meters) constituted the largest particle board supplier to Croatia, accounting for a 48% share of total imports. Moreover, particle board imports from Austria exceeded the figures recorded by the second-largest supplier, Hungary (X cubic meters), twofold. Romania (X cubic meters) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Austria stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+15.6% per year) and Romania (+20.8% per year).

In value terms, Austria ($X) constituted the largest supplier of particle board to Croatia, comprising 48% of total imports. The second position in the ranking was taken by Hungary ($X), with a 20% share of total imports. It was followed by Romania, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+19.3% per year) and Romania (+21.2% per year).

Import Prices by Country

The average particle board import price stood at $X per cubic meter in 2022, growing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($X per cubic meter), while the price for Ukraine ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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