Croatia: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Croatia

In 2022, the Croatian prepared additives for cements market decreased by -2.5% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, posted a perceptible expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped modestly in the following year.

Production of Prepared Additives For Cements, Mortars Or Concretes in Croatia

In value terms, prepared additives for cements production surged to $X in 2022 estimated in export price. In general, production, however, saw a noticeable setback. The pace of growth was the most pronounced in 2017 with an increase of 108% against the previous year. Prepared additives for cements production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Croatia

In 2022, approx. X tons of prepared additives for cements, mortars or concretes were exported from Croatia; shrinking by -51.4% on 2021. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 179% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, prepared additives for cements exports dropped remarkably to $X in 2022. In general, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by 137%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Serbia (X tons), Bosnia and Herzegovina (X tons) and Slovenia (X tons) were the main destinations of prepared additives for cements exports from Croatia, with a combined 92% share of total exports. The United Arab Emirates and Montenegro lagged somewhat behind, together comprising a further 7.8%.

From 2012 to 2022, the biggest increases were recorded for Montenegro (with a CAGR of +19.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared additives for cements exported from Croatia were Bosnia and Herzegovina ($X), Serbia ($X) and Slovenia ($X), together comprising 85% of total exports. The United Arab Emirates and Montenegro lagged somewhat behind, together accounting for a further 13%.

Among the main countries of destination, Montenegro, with a CAGR of +20.6%, 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 prepared additives for cements export price amounted to $X per ton, rising by 43% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of 86%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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 the United Arab Emirates ($X per ton), while the average price for exports to Slovenia ($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 Lebanon (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Croatia

In 2022, after six years of growth, there was significant decline in supplies from abroad of prepared additives for cements, mortars or concretes, when their volume decreased by -12.4% to X tons. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, prepared additives for cements imports shrank to $X in 2022. In general, imports, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2017 when imports increased by 45% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Italy (X tons), Austria (X tons) and Serbia (X tons) were the main suppliers of prepared additives for cements imports to Croatia, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +102.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared additives for cements suppliers to Croatia were Austria ($X), Italy ($X) and Germany ($X), together accounting for 73% of total imports. Slovenia, Serbia and Hungary lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Serbia, with a CAGR of +98.4%, 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

The average prepared additives for cements import price stood at $X per ton in 2022, surging by 2.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Serbia ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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