Report Croatia - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Croatia - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Silver Nitrate Market 2024

Silver Nitrate Market Size in Croatia

In 2021, the Croatian silver nitrate market decreased by -53.9% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, showed a temperate increase. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Silver Nitrate Production in Croatia

In value terms, silver nitrate production stood at $X in 2021 estimated in export price. In general, production recorded a sharp curtailment. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Silver Nitrate Exports

Exports from Croatia

In 2021, after two years of decline, there was significant growth in shipments abroad of silver nitrate, when their volume increased by 167% to X kg. In general, exports, however, continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 467%. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, silver nitrate exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X kg), Albania (X kg) and Kosovo (X kg) were the main destinations of silver nitrate exports from Croatia.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Albania (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for silver nitrate exports from Croatia, comprising 53% of total exports. The second position in the ranking was taken by Albania ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Bosnia and Herzegovina totaled +61.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (0.0% per year) and Kosovo (0.0% per year).

Export Prices by Country

In 2021, the average silver nitrate export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 898% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Kosovo ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+30.2%).

Silver Nitrate Imports

Imports into Croatia

In 2021, purchases abroad of silver nitrate decreased by -56% to X kg, falling for the second consecutive year after three years of growth. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 87%. Imports peaked at X kg in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, silver nitrate imports contracted rapidly to $X in 2021. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 36%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X kg), the UK (X kg) and the Czech Republic (X kg) were the main suppliers of silver nitrate imports to Croatia, together accounting for 71% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +27.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest silver nitrate suppliers to Croatia were the UK ($X), Germany ($X) and the Czech Republic ($X), with a combined 81% share of total imports.

In terms of the main suppliers, the UK, with a CAGR of +34.1%, 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

In 2021, the average silver nitrate import price amounted to $X per ton, surging by 45% against the previous year. Over the period under review, the import price continues to indicate measured growth. The growth pace was the most rapid in 2016 when the average import price increased by 253%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+48.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of silver nitrate consumption in 2021 were the Netherlands, Germany and South Africa, with a combined 41% share of global consumption. France, the Czech Republic, Poland, Italy, Spain, Canada, Turkey, Brazil, India and Saudi Arabia lagged somewhat behind, together comprising a further 46%.
The countries with the highest volumes of silver nitrate production in 2021 were the UK, Germany and Belgium, together accounting for 64% of global production. These countries were followed by South Africa, the United States, France, Italy and Brazil, which together accounted for a further 27%.
In value terms, the largest silver nitrate suppliers to Croatia were the UK, Germany and the Czech Republic, together comprising 81% of total imports.
In value terms, Bosnia and Herzegovina remains the key foreign market for silver nitrate exports from Croatia, comprising 53% of total exports. The second position in the ranking was occupied by Albania, with a 24% share of total exports.
The average silver nitrate export price stood at $160,577 per ton in 2021, growing by 18% against the previous year.
In 2021, the average silver nitrate import price amounted to $131,560 per ton, jumping by 45% against the previous year.

This report provides an in-depth analysis of the silver nitrate market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20135183 - Silver nitrate

Country coverage:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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