Croatia: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Croatia

In 2021, the Croatian rubber tube and pipe market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber in Croatia

In value terms, rubber tube and pipe production skyrocketed to $X in 2021 estimated in export price. Overall, production saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 45% against the previous year. Rubber tube and pipe production peaked in 2021 and is likely to see steady growth in the near future.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Croatia

In 2021, approx. X tons of tubes, pipes and hoses of vulcanized rubber were exported from Croatia; jumping by 18% against the year before. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 53% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, rubber tube and pipe exports soared to $X in 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 125%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Sweden (X tons), Serbia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of rubber tube and pipe exports from Croatia, together comprising 82% 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 Sweden (with a CAGR of +112.8%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Serbia ($X) and Bosnia and Herzegovina ($X) were the largest markets for rubber tube and pipe exported from Croatia worldwide, together accounting for 68% of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +93.7%, 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

In 2021, the average rubber tube and pipe export price amounted to $X per ton, flattening at the previous year. Overall, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 83% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Croatia

In 2021, approx. X tons of tubes, pipes and hoses of vulcanized rubber were imported into Croatia; increasing by 12% against the previous year's figure. Overall, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, rubber tube and pipe imports soared to $X in 2021. In general, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 21%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

Italy (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of rubber tube and pipe imports to Croatia, together comprising 59% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +31.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rubber tube and pipe suppliers to Croatia were Germany ($X), Italy ($X) and Poland ($X), with a combined 52% share of total imports.

Poland, with a CAGR of +29.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 rubber tube and pipe import price amounted to $X per ton, surging by 6.2% against the previous year. In general, the import price, however, showed a slight downturn. The growth pace was the most rapid in 2017 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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