Croatia: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Croatia

The Croatian market for PVC floor, wall and ceiling coverings expanded significantly to $X in 2022, with an increase of 11% against the previous year. Over the period under review, consumption showed a strong expansion. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Production of PVC Floor, Wall and Ceiling Coverings in Croatia

In value terms, production of PVC floor, wall and ceiling coverings fell modestly to $X in 2022 estimated in export price. In general, production, however, recorded a mild reduction. The growth pace was the most rapid in 2021 when the production volume increased by 0.7% 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 PVC Floor, Wall and Ceiling Coverings

Exports from Croatia

Exports of PVC floor, wall and ceiling coverings from Croatia dropped notably to X square meters in 2022, reducing by -40.3% compared with 2021 figures. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 244% against the previous year. As a result, the exports attained the peak of X square meters, and then contracted markedly in the following year.

In value terms, exports of PVC floor, wall and ceiling coverings dropped notably to $X in 2022. In general, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 270% against the previous year. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

Bosnia and Herzegovina (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Croatia, with a 64% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X square meters), fourfold. The third position in this ranking was held by Montenegro (X square meters), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina amounted to +38.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+28.7% per year) and Montenegro (+75.4% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Croatia, comprising 51% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 20% share of total exports. It was followed by Montenegro, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina totaled +21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+20.2% per year) and Montenegro (+65.3% per year).

Export Prices by Country

In 2022, the average export price for PVC floor, wall and ceiling coverings amounted to $X per square meter, surging by 13% against the previous year. Overall, the export price, however, faced a abrupt descent. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($X per square meter), while the average price for exports to Bosnia and Herzegovina ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (-2.4%), while the prices for the other major destinations experienced a decline.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Croatia

For the fifth year in a row, Croatia recorded growth in supplies from abroad of PVC floor, wall and ceiling coverings, which increased by 6.4% to X square meters in 2022. Overall, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of PVC floor, wall and ceiling coverings expanded rapidly to $X in 2022. In general, imports saw a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Germany (X square meters), Slovenia (X square meters) and Belgium (X square meters) were the main suppliers of imports of PVC floor, wall and ceiling coverings to Croatia, together accounting for 49% of total imports. Poland, France, Turkey, Serbia, China and Hungary lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +30.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest PVC floor, wall and ceiling coverings suppliers to Croatia were Germany ($X), Slovenia ($X) and Belgium ($X), with a combined 50% share of total imports. France, Poland, Serbia, Turkey, China and Hungary lagged somewhat behind, together comprising a further 37%.

In terms of the main suppliers, Poland, with a CAGR of +22.2%, 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 import price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, almost unchanged from the previous year. In general, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2017 an increase of 9.2% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 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 Hungary ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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