Report Update: Apr 1, 2024

Croatia - Candles And Tapers - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Candles and Tapers Price in Croatia - 2023

Candles and Tapers Price in Croatia (CIF) - 2023

The average candles and tapers import price stood at $4,161 per ton in July 2023, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 16% m-o-m. Over the period under review, average import prices hit record highs at $4,469 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,328 per ton), while the price for the Netherlands ($2,598 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Candles and Tapers Price in Croatia (FOB) - 2022

The average candles and tapers export price stood at $3,813 per ton in 2022, rising by 27% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($5,794 per ton), while the average price for exports to Hungary ($3,045 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 Norway (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Candles and Tapers Imports in Croatia

In 2022, approx. 3.9K tons of candles and tapers were imported into Croatia; standing approx. at 2021. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, candles and tapers imports soared to $15M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Candles and Tapers in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2.2	2.0	2.8	3.7	18.9%
Hungary	1.0	1.2	1.7	2.7	39.2%
Poland	1.5	2.0	2.3	2.3	15.3%
Bosnia and Herzegovina	0.7	0.7	1.1	2.2	46.5%
Slovenia	1.0	1.0	2.0	2.0	26.0%
Italy	0.3	0.3	0.3	0.4	10.1%
Slovakia	0.2	0.2	0.3	0.3	14.5%
Others	1.0	1.1	1.6	1.7	19.3%
Total	7.8	8.6	12.0	15.2	24.9%

Top Suppliers of Candles and Tapers to Croatia in 2022:

Hungary (865.0 tons)
Poland (768.2 tons)
Germany (741.3 tons)
Bosnia and Herzegovina (684.1 tons)
Slovenia (451.8 tons)
Italy (82.1 tons)
Slovakia (67.1 tons)

Candles and Tapers Exports in Croatia

In 2022, the amount of candles and tapers exported from Croatia reduced to 821 tons, declining by -6.5% on the year before. In general, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year.

In value terms, candles and tapers exports skyrocketed to $3.1M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Candles and Tapers in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	201	291	851	1,014	71.5%
Hungary	295	417	408	580	25.3%
Italy	18.2	15.6	18.4	407	181.7%
Sweden	216	201	322	299	11.4%
Slovenia	781	340	279	216	-34.8%
Bosnia and Herzegovina	174	162	130	122	-11.2%
Austria	60.6	30.8	34.2	88.6	13.5%
France	39.4	77.5	138	81.3	27.3%
Greece	365	165	143	18.3	-63.1%
Others	144	215	321	304	28.3%
Total	2,294	1,913	2,644	3,131	10.9%

Top Export Markets for Candles and Tapers from Croatia in 2022:

Germany (309.3 tons)
Hungary (190.4 tons)
Italy (98.7 tons)
Sweden (89.6 tons)
Slovenia (40.9 tons)
Bosnia and Herzegovina (29.4 tons)
France (17.0 tons)
Austria (14.7 tons)
Greece (3.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the candles and tapers 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 32995400 - Candles, tapers and the like (including night lights fitted with a float) (excluding anti-asthmatic candles, wax matches or vestas, sulphur-treated bands, wicks and candles)

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