Croatia: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Croatia

In 2022, after four years of growth, there was significant decline in the Croatian market for rigid tubes, pipes and hoses, of other polymers, when its value decreased by -13.1% to $X. Overall, consumption, however, enjoyed a notable increase. As a result, consumption attained the peak level of $X, and then fell in the following year.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Croatia

In value terms, production of rigid tubes, pipes and hoses, of other polymers contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 159%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Croatia

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers decreased by -0.1% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 792%. Over the period under review, the exports of reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers dropped slightly to $X in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 431% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then declined modestly in the following year.

Exports by Country

Slovenia (X tons) was the main destination for exports of rigid tubes, pipes and hoses, of other polymers from Croatia, accounting for a 92% share of total exports. Moreover, exports of rigid tubes, pipes and hoses, of other polymers to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Slovenia amounted to +56.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+23.0% per year) and Serbia (+23.3% per year).

In value terms, Slovenia ($X) remains the key foreign market for rigid tubes, pipes and hoses, of other polymers exports from Croatia, comprising 78% of total exports. The second position in the ranking was taken by Serbia ($X), with a 9.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Slovenia stood at +57.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+54.4% per year) and Bosnia and Herzegovina (+15.1% per year).

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, falling by -2.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of 100% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton 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 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 Serbia (+25.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Croatia

In 2022, after four years of growth, there was significant decline in purchases abroad of rigid tubes, pipes and hoses, of other polymers, when their volume decreased by -29.2% to X tons. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 104%. Imports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Turkey (X tons), Romania (X tons) and Poland (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to Croatia, together accounting for 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +70.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rigid tubes, pipes and hoses, of other polymers suppliers to Croatia were Romania ($X), Turkey ($X) and Poland ($X), together comprising 64% of total imports.

Romania, with a CAGR of +75.7%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average import price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, surging by 33% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. Over the period under review, average import prices hit record highs at $X per ton 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 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 (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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