Croatia - Asphalt or Bitumen Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Asphalt or Bitumen Article in Croatia - 2023
Contents:
- Price for Asphalt or Bitumen Article in Croatia (CIF) - 2022
- Price for Asphalt or Bitumen Article in Croatia (FOB) - 2023
- Imports of Asphalt or Bitumen Article in Croatia
- Exports of Asphalt or Bitumen Article in Croatia
Price for Asphalt or Bitumen Article in Croatia (CIF) - 2022
The average asphalt or bitumen article import price stood at $593 per ton in 2022, growing by 24% against the previous year. Over the period under review, the import price, however, saw a mild downturn. Over the period under review, average import prices reached the peak figure at $704 per ton in 2013; however, from 2014 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 Poland ($690 per ton), while the price for Germany ($279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Asphalt or Bitumen Article in Croatia (FOB) - 2023
The average asphalt or bitumen article export price stood at $947 per ton in July 2023, growing by 21% against the previous month. In general, export price indicated a noticeable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, asphalt or bitumen article export price increased by +56.9% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 88% month-to-month. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Montenegro ($1,863 per ton), while the average price for exports to Kosovo ($314 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Asphalt or Bitumen Article in Croatia
In 2022, after three years of growth, there was significant decline in supplies from abroad of asphalt or bitumen articles, when their volume decreased by -6.4% to 17K tons. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 11%. As a result, imports reached the peak of 18K tons, and then contracted in the following year.
In value terms, asphalt or bitumen article imports skyrocketed to $10M in 2022. Overall, total imports indicated a buoyant 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, imports increased by +47.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Asphalt or Bitumen Article in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3,420 | 2,864 | 4,062 | 4,062 | 5.9% |
| Italy | 828 | 735 | 1,039 | 1,482 | 21.4% |
| Slovenia | 1,141 | 1,037 | 777 | 1,005 | -4.1% |
| Serbia | 212 | 217 | 341 | 624 | 43.3% |
| Turkey | N/A | 0.3 | 168 | 566 | 4243.6% |
| Poland | 49.0 | 44.0 | 113 | 464 | 111.6% |
| Bosnia and Herzegovina | 98.1 | 40.8 | 63.7 | 387 | 58.0% |
| Slovakia | 285 | 250 | 247 | 362 | 8.3% |
| Germany | 318 | 433 | 394 | 308 | -1.1% |
| North Macedonia | 127 | 201 | 339 | 299 | 33.0% |
| Russia | 851 | 953 | 1,012 | 187 | -39.7% |
| Lithuania | N/A | N/A | N/A | 171 | 0% |
| Others | 111 | 108 | 215 | 236 | 28.6% |
| Total | 7,439 | 6,883 | 8,771 | 10,153 | 10.9% |
Top Suppliers of Asphalt or Bitumen Article to Croatia in 2022:
- Austria (6.3K tons)
- Italy (2.2K tons)
- Slovenia (1.7K tons)
- Serbia (1.1K tons)
- Germany (1.1K tons)
- Turkey (0.9K tons)
- Poland (0.7K tons)
- Bosnia and Herzegovina (0.7K tons)
- North Macedonia (0.6K tons)
- Slovakia (0.6K tons)
- Russia (0.5K tons)
- Lithuania (0.4K tons)
Exports of Asphalt or Bitumen Article in Croatia
In 2022, approx. 3.3K tons of asphalt or bitumen articles were exported from Croatia; with a decrease of -26.2% compared with the year before. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 9.6%. As a result, the exports reached the peak of 4.5K tons, and then contracted markedly in the following year.
In value terms, asphalt or bitumen article exports shrank significantly to $1.8M in 2022. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 8.2%.
| Export of Asphalt or Bitumen Article in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 872 | 934 | 1,383 | 911 | 1.5% |
| Bosnia and Herzegovina | 384 | 382 | 342 | 496 | 8.9% |
| Serbia | 810 | 558 | 228 | 237 | -33.6% |
| North Macedonia | 105 | 62.1 | 77.4 | 76.7 | -9.9% |
| Albania | 67.2 | 87.6 | 99.5 | 46.2 | -11.7% |
| Others | 33.8 | 8.6 | 69.2 | 50.8 | 14.5% |
| Total | 2,272 | 2,033 | 2,199 | 1,818 | -7.2% |
Top Export Markets for Asphalt or Bitumen Article from Croatia in 2022:
- Slovenia (1295.6 tons)
- Serbia (944.2 tons)
- Bosnia and Herzegovina (656.0 tons)
- North Macedonia (187.7 tons)
- Albania (166.2 tons)
This report provides an in-depth analysis of the market for asphalt or bitumen article 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls
- Prodcom 23991290 - Products based on bitumen (excluding in rolls)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
186
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This report provides an in-depth analysis of the market for asphalt or bitumen article in Croatia.
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This report provides an in-depth analysis of the non-rolled bitumen products market in Croatia.
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This report provides an in-depth analysis of the global market for asphalt or bitumen article.
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