Croatia: Roundwood Market 2024

Roundwood Market Size in Croatia

After two years of decline, the Croatian roundwood market increased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Roundwood Production in Croatia

In value terms, roundwood production rose slightly to $X in 2022 estimated in export price. Overall, production saw modest growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Roundwood Exports

Exports from Croatia

In 2022, after three years of growth, there was significant decline in overseas shipments of roundwood, when their volume decreased by X% to X cubic meters. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X cubic meters in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, roundwood exports skyrocketed to $X in 2022. In general, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Italy (X cubic meters) was the main destination for roundwood exports from Croatia, accounting for a X% share of total exports. Moreover, roundwood exports to Italy exceeded the volume sent to the second major destination, Slovenia (X cubic meters), fourfold. Hungary (X cubic meters) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Hungary (X% per year).

In value terms, Italy ($X) remains the key foreign market for roundwood exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Slovenia ($X), with an X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the average roundwood export price amounted to $X per cubic meter, surging by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roundwood export price increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per cubic meter), while the average price for exports to Italy ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Roundwood Imports

Imports into Croatia

In 2022, approx. X cubic meters of roundwood were imported into Croatia; surging by X% on 2021. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, roundwood imports skyrocketed to $X in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Slovenia (X cubic meters) constituted the largest roundwood supplier to Croatia, with a X% share of total imports. Moreover, roundwood imports from Slovenia exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X cubic meters), threefold. The third position in this ranking was held by Austria (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Slovenia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (X% per year) and Austria (X% per year).

In value terms, Slovenia ($X) constituted the largest supplier of roundwood to Croatia, comprising X% of total imports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovenia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (X% per year) and Austria (X% per year).

Import Prices by Country

The average roundwood import price stood at $X per cubic meter in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a mild decrease. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per cubic meter), while the price for Italy ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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