Croatia: Plastic Support Market 2024

Plastic Support Market Size in Croatia

The Croatian plastic support market stood at $X in 2022, increasing by 11% against the previous year. In general, consumption, however, continues to indicate a drastic downturn. Plastic support consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Plastic Support Production in Croatia

In value terms, plastic support production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a deep setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by 146% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Plastic Support Exports

Exports from Croatia

In 2022, plastic support exports from Croatia surged to X tons, rising by 23% on the previous year. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 74%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic support exports surged to $X in 2022. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

France (X tons), Poland (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of plastic support exports from Croatia, with a combined 56% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +138.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Sweden ($X) and Poland ($X) constituted the largest markets for plastic support exported from Croatia worldwide, together accounting for 45% of total exports.

In terms of the main countries of destination, France, with a CAGR of +132.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic support export price amounted to $X per ton, which is down by -5.3% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic support export price decreased by -19.7% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 33% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Denmark ($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 (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Support Imports

Imports into Croatia

In 2022, imports of spools, cops and similar supports of plastics into Croatia stood at X tons, approximately mirroring the previous year's figure. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% 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 +7.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 28% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, plastic support imports surged to $X in 2022. The total import value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Hungary (X tons), Bosnia and Herzegovina (X tons) and Serbia (X tons) were the main suppliers of plastic support imports to Croatia, together comprising 45% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +13.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and Italy ($X) constituted the largest plastic support suppliers to Croatia, with a combined 40% share of total imports. Bosnia and Herzegovina, the Netherlands, Serbia, Austria, the United States, Slovenia, France, Poland and Romania lagged somewhat behind, together accounting for a further 47%.

In terms of the main suppliers, Serbia, with a CAGR of +13.0%, saw the highest growth rate of 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 2022, the average plastic support import price amounted to $X per ton, with an increase of 17% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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 ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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