Croatia: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Croatia

The Croatian market for plasticised mixed polyvinyl chloride in primary forms was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, continues to indicate a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in Croatia

In value terms, production of plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by 152% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Croatia

In 2022, the amount of plasticised mixed polyvinyl chloride in primary forms exported from Croatia fell to X tons, dropping by -2.8% on the previous year's figure. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 194%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms soared to $X in 2022. Over the period under review, exports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 237%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Croatia, with a 74% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Germany (X tons), sixfold. Italy (X tons) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina amounted to -19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.9% per year) and Italy (-2.2% per year).

In value terms, Bosnia and Herzegovina ($X) emerged as the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Croatia, comprising 76% of total exports. The second position in the ranking was taken by Italy ($X), with a 13% share of total exports. It was followed by Germany, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina stood at -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+0.6% per year) and Germany (+1.3% per year).

Export Prices by Country

In 2022, the average export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, rising by 26% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($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 Serbia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Croatia

Imports of plasticised mixed polyvinyl chloride in primary forms into Croatia surged to X tons in 2022, increasing by 41% on the previous year. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 86% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022. In general, imports posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 129%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, North Macedonia (X tons) constituted the largest plasticised mixed polyvinyl chloride in primary forms supplier to Croatia, with a 44% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from North Macedonia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Bosnia and Herzegovina (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from North Macedonia totaled +161.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+462.2% per year) and Bosnia and Herzegovina (+138.4% per year).

In value terms, North Macedonia ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Croatia, comprising 45% of total imports. The second position in the ranking was held by Turkey ($X), with a 17% share of total imports. It was followed by Serbia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from North Macedonia totaled +180.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+304.0% per year) and Serbia (+58.0% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, falling by -12.1% against the previous year. Overall, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2021 an increase of 51%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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