Croatia: Steatite Market 2021

Steatite Market Size in Croatia

For the third year in a row, the Croatian steatite market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, the total consumption indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Steatite consumption peaked in 2019 and is expected to retain growth in the near future.

Steatite Exports

Exports from Croatia

For the third year in a row, Croatia recorded growth in overseas shipments of steatites, which increased by X% to X tons in 2019. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, steatite exports rose slightly to $X in 2019. Overall, exports showed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tons) was the main destination for steatite exports from Croatia, accounting for a X% share of total exports. Moreover, steatite exports to Hungary exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), twofold.

From 2007 to 2019, the average annual growth rate of volume to Hungary totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+X% per year) and Italy (+X% per year).

In value terms, Italy ($X), Hungary ($X) and Bosnia and Herzegovina ($X) constituted the largest markets for steatite exported from Croatia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Hungary (+X% per year) saw the highest rates of growth with regard to 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

The average steatite export price stood at $X per ton in 2019, with a decrease of -X% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2010 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Hungary, while the prices for the other major destinations experienced mixed trend patterns.

Steatite Imports

Imports into Croatia

In 2019, overseas purchases of steatites increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a tangible expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in the immediate term.

In value terms, steatite imports expanded to $X in 2019. Overall, total imports indicated a moderate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in years to come.

Imports by Country

Italy (X tons), Finland (X tons) and Austria (X tons) were the main suppliers of steatite imports to Croatia, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland, while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Finland ($X) and Austria ($X) appeared to be the largest steatite suppliers to Croatia, with a combined X% share of total imports.

Among the main suppliers, Finland recorded 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 2019, the average steatite import price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Austria ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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