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Croatia - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Synthetic Latex Rubber Market 2024

Synthetic Latex Rubber Market Size in Croatia

In 2021, the Croatian synthetic latex rubber market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Synthetic latex rubber consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Synthetic Latex Rubber Exports

Exports from Croatia

After two years of growth, overseas shipments of synthetic latex rubber decreased by -98.5% to X kg in 2021. Over the period under review, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2015 when exports increased by 388%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then reduced rapidly in the following year.

In value terms, synthetic latex rubber exports shrank markedly to $X in 2021. Overall, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 199%. The exports peaked at $X in 2020, and then shrank rapidly in the following year.

Exports by Country

Germany (X kg) was the main destination for synthetic latex rubber exports from Croatia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +27.5%.

In value terms, Germany ($X) emerged as the key foreign market for synthetic latex rubber exports from Croatia.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +3.1%.

Export Prices by Country

In 2021, the average synthetic latex rubber export price amounted to $X per ton, shrinking by -15.8% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 44% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -3.3% per year.

Synthetic Latex Rubber Imports

Imports into Croatia

Synthetic latex rubber imports into Croatia skyrocketed to X tons in 2021, with an increase of 21% on the previous year's figure. The total import volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 37% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, synthetic latex rubber imports skyrocketed to $X in 2021. Overall, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of synthetic latex rubber to Croatia, accounting for a 89% share of total imports. Moreover, synthetic latex rubber imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), tenfold.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.8% per year) and Belgium (+30.9% per year).

In value terms, Germany ($X) constituted the largest supplier of synthetic latex rubber to Croatia, comprising 81% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.7% per year) and Belgium (+36.1% per year).

Import Prices by Country

In 2021, the average synthetic latex rubber import price amounted to $X per ton, surging by 26% against the previous year. In general, the import price, however, continues to indicate a slight contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat 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 Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic latex rubber in the world?

China constituted the country with the largest volume of synthetic latex rubber consumption, accounting for 20% of total volume. Moreover, synthetic latex rubber consumption in China exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the largest producers of synthetic latex rubber in the world?

The countries with the highest volumes of synthetic latex rubber production in 2021 were China, South Korea and India, with a combined 40% share of global production.

What are the leading suppliers of synthetic latex rubber to Croatia?

In value terms, Germany constituted the largest supplier of synthetic latex rubber to Croatia, comprising 81% of total imports. The second position in the ranking was occupied by Italy, with a 14% share of total imports.

What is the average export price for synthetic latex rubber in Croatia?

The average synthetic latex rubber export price stood at $1,377 per ton in 2021, almost unchanged from the previous year.

What is the average import price for synthetic latex rubber in Croatia?

In 2021, the average synthetic latex rubber import price amounted to $1,496 per ton, rising by 26% against the previous year.

This report provides an in-depth analysis of the synthetic latex rubber 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 20171050 - Synthetic latex rubber

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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