Croatia: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Croatia

The Croatian market for self-adhesive plastic tape in rolls of a width under 20cm fell to $X in 2022, shrinking by -10.2% against the previous year. Overall, consumption, however, saw prominent growth. Consumption of peaked at $X in 2021, and then contracted in the following year.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Croatia

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a deep reduction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 37% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Croatia

For the fifth year in a row, Croatia recorded growth in overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm, which increased by 24% to X tons in 2022. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2019 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm skyrocketed to $X in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Slovenia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Croatia, together accounting for 84% of total exports. Austria, Serbia, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +48.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Croatia were Italy ($X), Slovenia ($X) and Bosnia and Herzegovina ($X), with a combined 76% share of total exports. Austria, Serbia, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further 18%.

Austria, with a CAGR of +65.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, with an increase of 5.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 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 Austria ($X per ton), while the average price for exports to Hungary ($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 Austria (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Croatia

In 2022, approx. X tons of self-adhesive plastic tape in rolls of a width under 20cm were imported into Croatia; growing by 1.6% against the previous year. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.5% against 2012 indices. The pace of growth appeared the most rapid in 2019 with an increase of 19%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm reached $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 21%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Italy (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to Croatia, together accounting for 48% of total imports. Spain, Austria, Serbia, China, Hungary, Slovenia, Bosnia and Herzegovina and Taiwan (Chinese) lagged somewhat behind, together comprising a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +49.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Croatia were Germany ($X), Italy ($X) and Poland ($X), with a combined 51% share of total imports. Austria, Spain, Serbia, Hungary, Slovenia, China, Bosnia and Herzegovina and Taiwan (Chinese) lagged somewhat behind, together comprising a further 39%.

Serbia, with a CAGR of +43.2%, 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 self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, growing by 5.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 12% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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