Croatia: Worked Slate Market 2024

Worked Slate Market Size in Croatia

After two years of decline, the Croatian worked slate market increased by 7.3% to $X in 2022. Overall, consumption, however, recorded a noticeable downturn. Worked slate consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Worked Slate Production in Croatia

In value terms, worked slate production expanded slightly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.4% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 44%. Worked slate production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Worked Slate Exports

Exports from Croatia

In 2022, the amount of worked slate exported from Croatia skyrocketed to X tons, picking up by 70% on the previous year's figure. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 11,568%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, worked slate exports dropped remarkably to $X in 2022. Over the period under review, exports posted a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 7,795%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for worked slate exports from Croatia, with a 70% share of total exports. Moreover, worked slate exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina stood at +92.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-14.3% per year) and Italy (-37.8% per year).

In value terms, the largest markets for worked slate exported from Croatia were Bosnia and Herzegovina ($X), the Czech Republic ($X) and Italy ($X), with a combined 88% share of total exports.

Among the main countries of destination, Bosnia and Herzegovina, with a CAGR of +47.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average worked slate export price amounted to $X per ton, declining by -69.1% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2015 an increase of 239% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Austria (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Slate Imports

Imports into Croatia

In 2022, supplies from abroad of worked slate was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2016 with an increase of 67% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, worked slate imports soared to $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.8% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 41%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of worked slate to Croatia, with a 69% share of total imports. Moreover, worked slate imports from Italy exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tons), eightfold. The third position in this ranking was held by Germany (X tons), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +44.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (-14.8% per year) and Germany (+21.8% per year).

In value terms, the largest worked slate suppliers to Croatia were Bosnia and Herzegovina ($X), Germany ($X) and Italy ($X), with a combined 65% share of total imports. Austria, Slovenia, Spain, China and the Czech Republic lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, Slovenia, with a CAGR of +55.6%, 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 2022, the average worked slate import price amounted to $X per ton, rising by 11% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, worked slate import price increased by +67.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 30%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+74.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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