Croatia: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in Croatia

In 2022, the Croatian synthetic yarn market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a abrupt shrinkage. Synthetic yarn consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Synthetic Yarn Production in Croatia

In value terms, synthetic yarn production fell to $X in 2022 estimated in export price. In general, production showed a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Synthetic yarn production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Synthetic Yarn Exports

Exports from Croatia

In 2022, the amount of yarn of synthetic or artificial staple fibers exported from Croatia shrank to X tons, which is down by X% against the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, synthetic yarn exports declined to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X tons), Germany (X tons) and Italy (X tons) were the main destinations of synthetic yarn exports from Croatia, with a combined X% share of total exports. Turkey, Portugal, the Netherlands and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for synthetic yarn exported from Croatia were Austria ($X), Germany ($X) and Italy ($X), with a combined X% share of total exports. Portugal, Turkey, the Netherlands and France lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 2022, the average synthetic yarn export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Portugal ($X per ton) and Austria ($X per ton), while the average price for exports to France ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Yarn Imports

Imports into Croatia

In 2022, purchases abroad of yarn of synthetic or artificial staple fibers increased by X% to X tons, rising for the second year in a row after five years of decline. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, synthetic yarn imports soared to $X in 2022. In general, total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest synthetic yarn supplier to Croatia, accounting for a X% share of total imports. Moreover, synthetic yarn imports from Italy exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), threefold. The third position in this ranking was taken by Bosnia and Herzegovina (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Italy ($X) constituted the largest supplier of yarn of synthetic or artificial staple fibers to Croatia, comprising X% of total imports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with an X% share of total imports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (X% per year) and Slovenia (X% per year).

Import Prices by Country

The average synthetic yarn import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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