Petroleum Jelly Price in Croatia - 2023
Contents:
- Petroleum Jelly Price in Croatia (CIF) - 2022
- Petroleum Jelly Price in Croatia (FOB) - 2022
- Petroleum Jelly Imports in Croatia
- Petroleum Jelly Exports in Croatia
Petroleum Jelly Price in Croatia (CIF) - 2022
The average petroleum jelly import price stood at $2,757 per ton in 2022, picking up by 9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $2,856 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Austria ($3,561 per ton), while the price for Germany ($2,201 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Price in Croatia (FOB) - 2022
The average petroleum jelly export price stood at $2,948 per ton in 2022, picking up by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 an increase of 19% 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 near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($3,173 per ton) and Bosnia and Herzegovina ($2,965 per ton), while the average price for exports to North Macedonia ($2,680 per ton) and Greece ($2,892 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 Greece (+40.7%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum Jelly Imports in Croatia
Petroleum jelly imports into Croatia expanded modestly to 380 tons in 2022, picking up by 1.9% on the previous year. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 4%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, petroleum jelly imports rose notably to $1M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Petroleum Jelly in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 396 | 474 | 475 | 519 | 9.4% |
| Germany | 149 | 175 | 255 | 269 | 21.8% |
| Austria | 52.0 | 58.9 | 75.7 | 147 | 41.4% |
| Hungary | 78.3 | 59.4 | 91.9 | 74.2 | -1.8% |
| Slovenia | 6.4 | 6.8 | 23.0 | 20.9 | 48.4% |
| Czech Republic | 72.8 | 28.5 | 10.9 | N/A | -61.3% |
| Others | 5.6 | 10.3 | 11.4 | 16.1 | 42.2% |
| Total | 761 | 813 | 942 | 1,046 | 11.2% |
Top Suppliers of Petroleum Jelly to Croatia in 2022:
- Czech Republic (undefined tons)
- Netherlands (176.1 tons)
- Germany (122.2 tons)
- Austria (41.2 tons)
- Hungary (29.9 tons)
- Slovenia (7.4 tons)
Petroleum Jelly Exports in Croatia
In 2022, approx. 81 tons of petroleum jellies were exported from Croatia; growing by 8.9% against 2021 figures. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 87%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, petroleum jelly exports soared to $240K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 123% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Petroleum Jelly in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 56.6 | 61.3 | 91.6 | 122 | 29.2% |
| Slovenia | 4.1 | 5.9 | 38.4 | 46.7 | 125.0% |
| Greece | N/A | N/A | 25.9 | 34.2 | 32.0% |
| Bulgaria | 17.6 | 15.8 | 12.4 | 20.0 | 4.4% |
| North Macedonia | 0.2 | N/A | 15.8 | 15.0 | 321.7% |
| Netherlands | 19.4 | N/A | 0.6 | N/A | -82.4% |
| Others | 12.4 | N/A | 0.1 | 1.8 | -47.4% |
| Total | 110 | 82.9 | 185 | 240 | 29.7% |
Top Export Markets for Petroleum Jelly from Croatia in 2022:
- Bosnia and Herzegovina (41.2 tons)
- Slovenia (15.8 tons)
- Greece (11.8 tons)
- Bulgaria (6.3 tons)
- North Macedonia (5.6 tons)
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