Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia - 2023
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,632 per ton, rising by 14% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 19%. The import price peaked at $3,604 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($5,224 per ton), while the price for Serbia ($1,101 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+7.5%), while the prices for the other major suppliers experienced a decline.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,358 per ton in 2022, surging by 37% against the previous year. In general, the export price saw a prominent expansion. The growth pace was the most rapid in 2018 an increase of 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($7,561 per ton), while the average price for exports to North Macedonia ($1,373 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 Kosovo (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia
In 2022, after three years of growth, there was decline in supplies from abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume decreased by -1.9% to 12K tons. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded significantly to $31M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.9 | 5.9 | 8.3 | 9.0 | 9.3% |
| Slovenia | 5.0 | 6.5 | 6.8 | 6.9 | 11.3% |
| Austria | 3.5 | 3.6 | 3.9 | 4.6 | 9.5% |
| Italy | 2.5 | 2.7 | 3.5 | 3.7 | 14.0% |
| Hungary | 1.2 | 1.1 | 2.4 | 3.2 | 38.7% |
| Netherlands | 0.1 | 0.1 | 0.2 | 0.8 | 100.0% |
| Poland | 0.3 | 0.4 | 0.3 | 0.5 | 18.6% |
| Others | 1.8 | 2.2 | 2.3 | 2.3 | 8.5% |
| Total | 21.2 | 22.4 | 27.6 | 31.0 | 13.5% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Croatia in 2022:
- Slovenia (3.4K tons)
- Germany (3.0K tons)
- Hungary (1.5K tons)
- Italy (1.4K tons)
- Austria (0.9K tons)
- Poland (0.5K tons)
- Netherlands (0.3K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia
In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Croatia shrank to 831 tons, which is down by -10.7% against the previous year's figure. The total export volume increased at an average annual rate of +1.4% from 2019 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 with an increase of 40%. As a result, the exports attained the peak of 930 tons, and then dropped in the following year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $3.6M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 808 | 966 | 1,257 | 1,674 | 27.5% |
| Serbia | 566 | 424 | 487 | 502 | -3.9% |
| Slovenia | 291 | 353 | 390 | 381 | 9.4% |
| Sweden | N/A | N/A | N/A | 240 | 0% |
| Montenegro | 133 | 70.8 | 180 | 142 | 2.2% |
| Kosovo | N/A | 51.6 | 97.6 | 113 | 48.0% |
| Romania | 138 | 149 | 188 | 90.5 | -13.1% |
| North Macedonia | 61.6 | 57.1 | 85.3 | 43.3 | -11.1% |
| Others | 374 | 183 | 282 | 433 | 5.0% |
| Total | 2,370 | 2,255 | 2,966 | 3,620 | 15.2% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Croatia in 2022:
- Bosnia and Herzegovina (324.1 tons)
- Serbia (93.0 tons)
- Montenegro (81.8 tons)
- Sweden (67.4 tons)
- Kosovo (59.6 tons)
- Slovenia (50.4 tons)
- North Macedonia (31.5 tons)
- Romania (17.5 tons)
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