Report Update: May 1, 2024

Croatia - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Salicylic Acid Price in Croatia - 2023

Salicylic Acid Price in Croatia (CIF) - 2022

In 2021, the average salicylic acid import price amounted to $10,791 per ton, declining by -9.4% against the previous year. Overall, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 39%. The import price peaked at $13,839 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($30,878 per ton), while the price for Denmark ($5,657 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Salicylic Acid Price in Croatia (FOB) - 2022

The average salicylic acid export price stood at $17,982 per ton in 2021, growing by 33% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 85% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Slovenia ($73,197 per ton), while the average price for exports to Germany ($7,811 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+25.0%), while the prices for the other major destinations experienced mixed trend patterns.

Salicylic Acid Imports in Croatia

In 2022, overseas purchases of salicylic acid and its salts were finally on the rise to reach 12 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, salicylic acid imports soared to $118K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Import of Salicylic Acid in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Germany	99.7	66.2	24.9	-50.0%
Switzerland	N/A	22.3	23.9	7.2%
Poland	4.9	15.5	19.4	99.0%
Denmark	8.1	10.3	11.3	18.1%
Italy	0.5	0.1	8.7	317.1%
Others	3.4	5.2	3.6	2.9%
Total	116	120	91.8	-11.0%

Top Suppliers of Salicylic Acid to Croatia in 2022:

Switzerland (3.0 tons)
Denmark (2.0 tons)
Poland (1.7 tons)
Italy (0.8 tons)
Germany (0.8 tons)

Salicylic Acid Exports in Croatia

In 2022, after two years of decline, there was significant growth in overseas shipments of salicylic acid and its salts, when their volume increased by 208% to 3.4 tons. Overall, exports, however, continue to indicate a abrupt curtailment.

In value terms, salicylic acid exports skyrocketed to $42K in 2022. In general, exports, however, showed a deep contraction.

Export of Salicylic Acid in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Slovenia	34.4	12.5	11.0	-43.5%
Germany	13.3	16.1	6.2	-31.7%
Bosnia and Herzegovina	2.7	3.4	2.3	-7.7%
Others	N/A	N/A	0.1	0%
Total	50.4	32.0	19.7	-37.5%

Top Export Markets for Salicylic Acid from Croatia in 2022:

Germany (800.0 kg)
Slovenia (150.0 kg)
Bosnia and Herzegovina (139.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the salicylic acid 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 21101030 - Salicylic acid and its salts

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