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

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

In 2022, after three years of growth, there was significant decline in the Croatian market for rigid tubes, pipes and hoses of polymers of vinyl chloride, when its value decreased by -5.1% to $X. Over the period under review, consumption, however, posted a prominent increase. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Croatia

In value terms, vinyl chloride polymer rigid pipes production shrank significantly to $X in 2022 estimated in export price. Overall, production showed a sharp reduction. The growth pace was the most rapid in 2014 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Croatia

In 2022, vinyl chloride polymer rigid pipes exports from Croatia shrank significantly to X tons, which is down by -33.2% against 2021 figures. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of 63% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes exports reduced notably to $X in 2022. Overall, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Slovenia (X tons), Bosnia and Herzegovina (X tons) and Italy (X tons) were the main destinations of vinyl chloride polymer rigid pipes exports from Croatia, with a combined 90% share of total exports. Montenegro and Serbia lagged somewhat behind, together accounting for a further 7.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +5.7%), while the other leaders experienced mixed trend patterns.

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Italy ($X) were the largest markets for vinyl chloride polymer rigid pipes exported from Croatia worldwide, together accounting for 78% of total exports. Montenegro and Serbia lagged somewhat behind, together comprising a further 7.4%.

In terms of the main countries of destination, Serbia, with a CAGR of +6.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, picking up by 12% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 28% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the 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 Serbia ($X per ton), while the average price for exports to Montenegro ($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 Italy (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Croatia

After seven years of growth, supplies from abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -14.7% to X tons in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, vinyl chloride polymer rigid pipes imports expanded modestly to $X in 2022. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 66%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Serbia (X tons), Italy (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Croatia, with a combined 74% share of total imports. Slovenia, Romania, Hungary, Germany and the Czech Republic lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +87.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Italy ($X) and Slovenia ($X) appeared to be the largest vinyl chloride polymer rigid pipes suppliers to Croatia, with a combined 69% share of total imports. Hungary, Bosnia and Herzegovina, Romania, Germany and the Czech Republic lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, Romania, with a CAGR of +82.5%, recorded 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 rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, with an increase of 23% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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