Croatia: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Croatia

The Croatian market for plastic plates, sheets, film, foil and strip surged to $X in 2021, increasing by 25% against the previous year. The market value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Croatia

In value terms, production of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021 estimated in export price. In general, production, however, posted a prominent increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Croatia

After nine years of growth, shipments abroad of plastic plates, sheets, film, foil and strip decreased by -6.7% to X tons in 2021. Overall, exports, however, posted prominent growth. The growth pace was the most rapid in 2013 with an increase of 53% against the previous year. The exports peaked at X tons in 2020, and then dropped in the following year.

In value terms, exports of plastic plates, sheets, film, foil and strip soared to $X in 2021. In general, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by 53% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Croatia, with a 29% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Germany exceeded the volume sent to the second major destination, Hungary (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+19.4% per year) and Italy (+28.4% per year).

In value terms, Germany ($X) remains the key foreign market for plastic plates, sheets, film, foil and strip exports from Croatia, comprising 27% of total exports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total exports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+18.6% per year) and Italy (+26.1% per year).

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, increasing by 51% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to the Czech Republic ($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 Austria (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Croatia

In 2021, imports of plastic plates, sheets, film, foil and strip into Croatia surged to X tons, picking up by 20% on 2020 figures. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.7% 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 +86.9% against 2013 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip surged to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Serbia (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Croatia, together comprising 47% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +35.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic plate, sheet, film, foil and strip suppliers to Croatia were Germany ($X), Italy ($X) and Austria ($X), with a combined 46% share of total imports. Slovenia, Serbia, Poland, Bosnia and Herzegovina, France, Belgium, Hungary, Turkey and China lagged somewhat behind, together accounting for a further 38%.

In terms of the main suppliers, Serbia, with a CAGR of +25.2%, recorded the highest growth rate of 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 plates, sheets, film, foil and strip amounted to $X per ton, picking up by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :