Croatia: Market for Refractory Products of Siliceous or Diatomite Earths 2025

Market Size for Refractory Products of Siliceous or Diatomite Earths in Croatia

In 2021, the Croatian market for refractory products of siliceous or diatomite earths increased by 99.9% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a prominent expansion. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in years to come.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from Croatia

In 2021, overseas shipments of refractory products of siliceous or diatomite earths decreased by -95.2% to X kg, falling for the second year in a row after two years of growth. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 4,569% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of refractory products of siliceous or diatomite earths reduced rapidly to $X in 2021. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 4,177%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X kg) was the main destination for exports of refractory products of siliceous or diatomite earths from Croatia, with a 94% share of total exports. Moreover, exports of refractory products of siliceous or diatomite earths to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X kg), more than tenfold.

From 2014 to 2021, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled -38.1%.

In value terms, Bosnia and Herzegovina ($X) and Slovenia ($X) appeared to be the largest markets for refractory products of siliceous or diatomite earths exported from Croatia worldwide.

In terms of the main countries of destination, Slovenia, with a CAGR of -7.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average export price for refractory products of siliceous or diatomite earths amounted to $X per ton, with an increase of 3.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 239% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Bosnia and Herzegovina amounted to $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+29.9%).

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports into Croatia

In 2021, overseas purchases of refractory products of siliceous or diatomite earths increased by 111% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2017 when imports increased by 431%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of refractory products of siliceous or diatomite earths skyrocketed to $X in 2021. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 874%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Serbia (X tons) constituted the largest supplier of refractory products of siliceous or diatomite earths to Croatia, with a 73% share of total imports. Moreover, imports of refractory products of siliceous or diatomite earths from Serbia exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tons), fivefold. Slovenia (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from Serbia stood at +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+46.8% per year) and Slovenia (+27.9% per year).

In value terms, Slovenia ($X), Serbia ($X) and Bosnia and Herzegovina ($X) constituted the largest refractory products of siliceous or diatomite earths suppliers to Croatia, together comprising 87% of total imports.

In terms of the main suppliers, Bosnia and Herzegovina, with a CAGR of +45.0%, saw the highest growth rate of 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 2021, the average import price for refractory products of siliceous or diatomite earths amounted to $X per ton, dropping by -41.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 408% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :