Croatia: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in Croatia

The Croatian non-cellular polyethylene film market soared to $X in 2021, with an increase of 21% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Non-cellular polyethylene film consumption peaked in 2021 and is likely to see steady growth in years to come.

Non-Cellular Polyethylene Film Production in Croatia

In value terms, non-cellular polyethylene film production surged to $X in 2021 estimated in export price. In general, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 32%. Over the period under review, production attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Non-Cellular Polyethylene Film Exports

Exports from Croatia

In 2021, after nine years of growth, there was significant decline in shipments abroad of non-cellular polyethylene films, sheets, foil and strip, when their volume decreased by -7.4% to X tons. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 62% against the previous year. The exports peaked at X tons in 2020, and then shrank in the following year.

In value terms, non-cellular polyethylene film exports skyrocketed to $X in 2021. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 60% 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 non-cellular polyethylene film exports from Croatia, with a 30% share of total exports. Moreover, non-cellular polyethylene film exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), twofold. Italy (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+20.1% per year) and Italy (+29.2% per year).

In value terms, Germany ($X), Hungary ($X) and Italy ($X) appeared to be the largest markets for non-cellular polyethylene film exported from Croatia worldwide, with a combined 52% share of total exports. The Czech Republic, Austria, Slovenia, Romania, France, Serbia, the Netherlands and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 41%.

France, with a CAGR of +77.2%, recorded the highest growth rate of the value of exports, among 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 non-cellular polyethylene film export price stood at $X per ton in 2021, with an increase of 57% against the previous year. Overall, the export price saw 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.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Serbia ($X per ton) and Slovenia ($X per ton), while the average price for exports to Germany ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polyethylene Film Imports

Imports into Croatia

In 2021, the amount of non-cellular polyethylene films, sheets, foil and strip imported into Croatia soared to X tons, growing by 26% against 2020 figures. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +28.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cellular polyethylene film imports surged to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. 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

In 2021, Serbia (X tons) constituted the largest supplier of non-cellular polyethylene film to Croatia, accounting for a 29% share of total imports. Moreover, non-cellular polyethylene film imports from Serbia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Slovenia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Serbia stood at +39.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.8% per year) and Slovenia (+3.6% per year).

In value terms, Italy ($X), Serbia ($X) and Slovenia ($X) were the largest non-cellular polyethylene film suppliers to Croatia, together accounting for 47% of total imports. These countries were followed by Germany, Bosnia and Herzegovina, Poland, France, Austria, China, Hungary, Turkey, Ukraine and Denmark, which together accounted for a further 43%.

Ukraine, with a CAGR of +197.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 non-cellular polyethylene film import price amounted to $X per ton, growing by 24% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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