Croatia: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Croatia

In 2022, after three years of growth, there was significant decline in the Croatian market for plastics pipes and pipe fittings, when its value decreased by -14% to $X. In general, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 +37.4% against 2018 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Plastics Pipes And Pipe Fittings in Croatia

In value terms, plastics pipe and pipe fitting production declined dramatically to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 27% against the previous year. As a result, production attained the peak level of $X, and then fell remarkably in the following year.

Exports of Plastics Pipes And Pipe Fittings

Exports from Croatia

Plastics pipe and pipe fitting exports from Croatia fell to X tons in 2022, almost unchanged from 2021. In general, total exports indicated buoyant growth from 2012 to 2022: its volume 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, exports decreased by -5.7% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 33% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, plastics pipe and pipe fitting exports rose significantly to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.7% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 33% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Italy (X tons), Slovenia (X tons) and Austria (X tons) were the main destinations of plastics pipe and pipe fitting exports from Croatia, with a combined 62% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +36.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastics pipe and pipe fitting exported from Croatia were Italy ($X), Bosnia and Herzegovina ($X) and Austria ($X), together accounting for 58% of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +38.4%, recorded the highest rates of growth with regard to 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 2022, the average export price for plastics pipes and pipe fittings amounted to $X per ton, rising by 6.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 24%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Slovenia ($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 Bosnia and Herzegovina (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Croatia

In 2022, after four years of growth, there was significant decline in supplies from abroad of plastics pipes and pipe fittings, when their volume decreased by -9.5% to X tons. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 41% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, plastics pipe and pipe fitting imports rose rapidly to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Serbia (X tons), Italy (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Croatia, together accounting for 52% of total imports. Slovenia, Romania, Poland, Turkey, Germany, Hungary, North Macedonia, the Czech Republic, Austria and Bulgaria lagged somewhat behind, together accounting for a further 46%.

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 +90.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Italy ($X) and Slovenia ($X) constituted the largest plastics pipe and pipe fitting suppliers to Croatia, together accounting for 46% of total imports. Germany, Poland, Bosnia and Herzegovina, Hungary, Romania, Turkey, Austria, the Czech Republic, North Macedonia and Bulgaria lagged somewhat behind, together comprising a further 49%.

Among the main suppliers, Romania, with a CAGR of +75.4%, 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 2022, the average import price for plastics pipes and pipe fittings amounted to $X per ton, growing by 18% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, 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 Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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