Croatia: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Croatia

The Croatian market for plastic hoses and hose fittings surged to $X in 2021, jumping by 27% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +73.3% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Plastic Hoses and Hose Fittings in Croatia

In value terms, plastic hose and hose fitting production stood at $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 142% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports from Croatia

In 2021, shipments abroad of plastic hoses and hose fittings decreased by -7.9% to X tons, falling for the second year in a row after three years of growth. In general, total exports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -23.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 26%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, plastic hose and hose fitting exports amounted to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 12% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Bosnia and Herzegovina (X tons) and Slovenia (X tons) were the main destinations of plastic hose and hose fitting exports from Croatia, together accounting for 68% of total exports. Serbia, Slovakia, Spain and Kosovo lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kosovo (with a CAGR of +3,063.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic hose and hose fitting exported from Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Serbia ($X), with a combined 73% share of total exports. Italy, Slovakia, Spain and Kosovo lagged somewhat behind, together accounting for a further 12%.

Among the main countries of destination, Kosovo, with a CAGR of +612.4%, 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 2021, the average export price for plastic hoses and hose fittings amounted to $X per ton, with an increase of 13% against the previous year. Over the period under review, the export price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Spain ($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 Bosnia and Herzegovina (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Plastic Hoses and Hose Fittings

Imports into Croatia

Plastic hose and hose fitting imports into Croatia expanded remarkably to X tons in 2021, growing by 14% compared with 2020 figures. In general, total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +12.9% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting imports soared to $X in 2021. Overall, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of plastic hose and hose fitting imports to Croatia, with a combined 53% share of total imports. These countries were followed by Slovenia, Poland, the Czech Republic, North Macedonia, Turkey, Hungary, Bosnia and Herzegovina, Serbia, Belgium and France, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +24.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) constituted the largest plastic hose and hose fitting suppliers to Croatia, with a combined 57% share of total imports. These countries were followed by Slovenia, Poland, Hungary, Belgium, the Czech Republic, North Macedonia, France, Serbia, Bosnia and Herzegovina and Turkey, which together accounted for a further 31%.

In terms of the main suppliers, Belgium, with a CAGR of +20.2%, saw 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 2021, the average import price for plastic hoses and hose fittings amounted to $X per ton, with an increase of 9.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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