Waxes; Artificial, Prepared Price in Croatia - 2023

Contents:

1. Waxes; Artificial, Prepared Price in Croatia (CIF) - 2023
2. Waxes; Artificial, Prepared Price in Croatia (FOB) - 2022
3. Waxes; Artificial, Prepared Imports in Croatia
4. Waxes; Artificial, Prepared Exports in Croatia

Waxes; Artificial, Prepared Price in Croatia (CIF) - 2023

In July 2023, the average waxes; artificial, prepared import price amounted to $3,834 per ton, with an increase of 7.8% against the previous month. Over the period under review, the import price continues to indicate tangible growth. The pace of growth was the most pronounced in August 2022 when the average import price increased by 107% against the previous month. The import price peaked at $6,556 per ton in December 2022; however, from January 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 Slovenia ($18,812 per ton), while the price for Germany ($2,076 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 Italy (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Waxes; Artificial, Prepared Price in Croatia (FOB) - 2022

In 2022, the average waxes; artificial, prepared export price amounted to $5,607 per ton, declining by -3.1% against the previous year. Overall, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $6,749 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($14,663 per ton), while the average price for exports to Turkey ($1,278 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 France (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Waxes; Artificial, Prepared Imports in Croatia

In 2022, waxes; artificial, prepared imports into Croatia reduced sharply to 929 tons, with a decrease of -52.2% against the previous year. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 1.9K tons, and then fell notably in the following year.

In value terms, waxes; artificial, prepared imports shrank remarkably to $3.3M in 2022. In general, imports, however, saw a modest increase. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $4.2M, and then shrank sharply in the following year.

Top Suppliers of Waxes; Artificial, Prepared to Croatia in 2022:

1. Italy (451.0 tons)
2. Germany (113.3 tons)
3. Netherlands (78.5 tons)
4. France (56.5 tons)
5. Austria (44.2 tons)
6. United Kingdom (39.5 tons)
7. China (39.2 tons)
8. Denmark (33.9 tons)
9. Slovenia (31.4 tons)
10. Spain (13.3 tons)
11. Belarus (4.2 tons)

Waxes; Artificial, Prepared Exports in Croatia

In 2022, approx. 73 tons of waxes; artificial, prepared were exported from Croatia; picking up by 34% compared with the year before. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +76.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, waxes; artificial, prepared exports surged to $407K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Waxes; Artificial, Prepared from Croatia in 2022:

1. Bosnia and Herzegovina (15.2 tons)
2. Turkey (12.3 tons)
3. Slovenia (11.7 tons)
4. Serbia (10.3 tons)
5. Iran (5.9 tons)
6. France (5.6 tons)
7. Germany (2.3 tons)
8. Ukraine (0.5 tons)
9. Tunisia (0.2 tons)
10. Hungary (0.2 tons)

Source: IndexBox Market Intelligence Platform