Croatia - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Croatia - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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Glass Fibre Filament Price in Croatia - 2023

Contents:

  1. Glass Fibre Filament Price in Croatia (CIF) - 2023
  2. Glass Fibre Filament Price in Croatia (FOB) - 2022
  3. Glass Fibre Filament Imports in Croatia
  4. Glass Fibre Filament Exports in Croatia

Glass Fibre Filament Price in Croatia (CIF) - 2023

The average glass fibre filament import price stood at $1,156 per ton in July 2023, falling by -49.2% against the previous month. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in December 2022 an increase of 17% m-o-m. Over the period under review, average import prices reached the maximum at $2,598 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 Belgium ($4,802 per ton), while the price for Thailand ($683 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 Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Filament Price in Croatia (FOB) - 2022

The average glass fibre filament export price stood at $2,565 per ton in 2022, surging by 63% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre filament export price increased by +100.0% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($9,714 per ton), while the average price for exports to Bosnia and Herzegovina ($1,781 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 Slovenia (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Fibre Filament Imports in Croatia

After three years of growth, supplies from abroad of glass fibre filaments decreased by -11.3% to 5.6K tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61%. As a result, imports reached the peak of 6.3K tons, and then reduced in the following year.

In value terms, glass fibre filament imports surged to $13M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Glass Fibre Filament in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.62.15.38.272.4%
Slovakia2.42.22.91.7-10.9%
RomaniaN/A0.31.51.4116.0%
China0.1N/A0.80.791.3%
BahrainN/AN/A0.10.3200.0%
United Kingdom0.40.6N/AN/A50.0%
Italy0.2N/A0.2N/A0.0%
Others0.10.10.20.681.7%
Total4.95.610.913.138.8%

Top Suppliers of Glass Fibre Filament to Croatia in 2022:

  1. Belgium (2832.8 tons)
  2. Romania (929.4 tons)
  3. Slovakia (920.7 tons)
  4. China (441.5 tons)
  5. Bahrain (223.1 tons)
  6. Italy (22.9 tons)

Glass Fibre Filament Exports in Croatia

In 2022, shipments abroad of glass fibre filaments decreased by -32% to 168 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 80%.

In value terms, glass fibre filament exports expanded rapidly to $431K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 110%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Glass Fibre Filament in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina13514021822919.3%
FinlandN/AN/AN/A1300%
Slovenia11.520.927.243.756.0%
Germany0.70.356.615.4180.2%
BelgiumN/AN/A53.3N/A0%
Czech RepublicN/A150N/AN/A0%
Others2.44.034.213.678.3%
Total15031438943142.2%

Top Export Markets for Glass Fibre Filament from Croatia in 2022:

  1. Bosnia and Herzegovina (128.4 tons)
  2. Slovenia (14.5 tons)
  3. Finland (13.4 tons)
  4. Germany (8.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fibre filament 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 23141130 - Glass fibre filaments (including rovings)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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