Croatia: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Croatia

The Croatian market for tiles, flagstones and similar articles of cement, concrete or artificial stone was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Croatia

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 24%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Croatia

Exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Croatia declined slightly to X tons in 2021, falling by -4.2% against the previous year's figure. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 143% against the previous year. The exports peaked at X tons in 2020, and then reduced slightly in the following year.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone rose remarkably to $X in 2021. Over the period under review, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 54% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Slovenia (X tons), Serbia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Croatia, with a combined 96% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +86.6%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Serbia ($X) and Bosnia and Herzegovina ($X) were the largest markets for tiles, flagstones and similar articles of cement, concrete or artificial stone exported from Croatia worldwide, together accounting for 89% of total exports.

Slovenia, with a CAGR of +56.5%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, rising by 11% against the previous year. In general, the export price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to Slovenia ($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 Austria (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Croatia

In 2021, the amount of tiles, flagstones and similar articles of cement, concrete or artificial stone imported into Croatia rose rapidly to X tons, picking up by 13% compared with 2020 figures. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 59% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by 37% against the previous year. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Slovenia (X tons), Hungary (X tons) and Italy (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Croatia, together comprising 90% of total imports. Bosnia and Herzegovina, Germany and Slovakia lagged somewhat behind, together comprising a further 8.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bosnia and Herzegovina (with a CAGR of +23.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tiles, flagstones and similar articles of cement, concrete or artificial stone suppliers to Croatia were Slovenia ($X), Hungary ($X) and Italy ($X), with a combined 79% share of total imports. Germany, Bosnia and Herzegovina and Slovakia lagged somewhat behind, together accounting for a further 12%.

Among the main suppliers, Bosnia and Herzegovina, with a CAGR of +20.0%, 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 import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, increasing by 3.8% against the previous year. In general, the import price, however, saw a noticeable decline. The pace of growth was the most pronounced in 2017 an increase of 7.6% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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