Croatia: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Croatia

The Croatian sack kraft paper market fell to $X in 2022, declining by -6.7% against the previous year. Overall, consumption, however, showed prominent growth. Sack kraft paper consumption peaked at $X in 2021, and then contracted in the following year.

Sack Kraft Paper Production in Croatia

In value terms, sack kraft paper production expanded to $X in 2022 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 172%. Sack kraft paper production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Sack Kraft Paper Exports

Exports from Croatia

In 2022, sack kraft paper exports from Croatia soared to X tons, with an increase of 120% compared with 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 66,488% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, sack kraft paper exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 1,859,000% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for sack kraft paper exports from Croatia, with a 97% share of total exports. It was followed by Slovenia (X tons), with a 2.7% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to India totaled +123.1%.

In value terms, India ($X) emerged as the key foreign market for sack kraft paper exports from Croatia, comprising 95% of total exports. The second position in the ranking was held by Slovenia ($X), with a 5% share of total exports.

From 2013 to 2022, the average annual growth rate of value to India totaled +131.0%.

Export Prices by Country

In 2022, the average sack kraft paper export price amounted to $X per ton, reducing by -13.4% against the previous year. Over the period under review, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 2,692%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+32.8%), while the prices for the other major destinations experienced mixed trend patterns.

Sack Kraft Paper Imports

Imports into Croatia

In 2022, purchases abroad of sack kraft paper decreased by -9.3% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 122%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, sack kraft paper imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 106%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Bosnia and Herzegovina (X tons) constituted the largest sack kraft paper supplier to Croatia, accounting for a 48% share of total imports. Moreover, sack kraft paper imports from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. Sweden (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bosnia and Herzegovina totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+33.2% per year) and Sweden (+35.5% per year).

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of sack kraft paper to Croatia, comprising 50% of total imports. The second position in the ranking was held by Poland ($X), with a 16% share of total imports. It was followed by Sweden, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Bosnia and Herzegovina totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+36.9% per year) and Sweden (+39.2% per year).

Import Prices by Country

The average sack kraft paper import price stood at $X per ton in 2022, increasing by 41% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sack kraft paper import price increased by +75.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bosnia and Herzegovina ($X per ton) and Spain ($X per ton), while the price for Brazil ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform