Croatia: Plastic Box Market 2024

Plastic Box Market Size in Croatia

The Croatian plastic box market stood at $X in 2022, surging by 13% against the previous year. Over the period under review, consumption enjoyed measured growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Plastic Box Production in Croatia

In value terms, plastic box production rose sharply to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +67.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by 57%. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the near future.

Plastic Box Exports

Exports from Croatia

In 2022, shipments abroad of plastic boxes, cases, crates and similar packing articles decreased by -5.7% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2014 when exports increased by 107%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, plastic box exports reached $X in 2022. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 87% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tons), Austria (X tons) and Germany (X tons) were the main destinations of plastic box exports from Croatia, with a combined 45% share of total exports. Slovenia, Serbia, the Netherlands, Bosnia and Herzegovina, Bulgaria, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +168.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic box exported from Croatia were Turkey ($X), Austria ($X) and Germany ($X), together accounting for 43% of total exports. Slovenia, Serbia, the Netherlands, Bulgaria, Sweden, Bosnia and Herzegovina and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

The Netherlands, with a CAGR of +169.6%, recorded 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 plastic box export price stood at $X per ton in 2022, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2019 an increase of 36%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Bulgaria (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Box Imports

Imports into Croatia

For the fifth year in a row, Croatia recorded growth in supplies from abroad of plastic boxes, cases, crates and similar packing articles, which increased by 8.7% to X tons in 2022. Overall, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 24%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, plastic box imports skyrocketed to $X in 2022. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Slovenia (X tons), Israel (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of plastic box imports to Croatia, with a combined 40% share of total imports. Germany, Italy, Poland, Serbia, Austria, France, the Czech Republic, Hungary, Romania and Slovakia lagged somewhat behind, together accounting for a further 52%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +114.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic box suppliers to Croatia were Bosnia and Herzegovina ($X), Israel ($X) and Italy ($X), together comprising 41% of total imports. Slovenia, Poland, Germany, Serbia, France, Slovakia, Romania, Austria, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further 50%.

In terms of the main suppliers, Romania, with a CAGR of +96.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic box import price amounted to $X per ton, growing by 8.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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