Croatia: Acetic Anhydride Market 2022

Acetic Anhydride Market Size in Croatia

The Croatian acetic anhydride market dropped notably to $X in 2021, declining by -39.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a deep setback. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Acetic Anhydride Exports

Exports from Croatia

For the fifth year in a row, Croatia recorded growth in shipments abroad of acetic anhydride, which increased by 17% to X tons in 2021. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 178%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, acetic anhydride exports surged to $X in 2021. Over the period under review, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 when exports increased by 295%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Slovenia (X tons) was the main destination for acetic anhydride exports from Croatia, accounting for a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Slovenia amounted to +27.0%.

In value terms, Slovenia ($X) also remains the key foreign market for acetic anhydride exports from Croatia.

From 2015 to 2021, the average annual rate of growth in terms of value to Slovenia stood at +17.5%.

Export Prices by Country

The average acetic anhydride export price stood at $X per ton in 2021, with an increase of 71% against the previous year. Overall, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovenia.

From 2015 to 2021, the rate of growth in terms of prices for Slovenia amounted to -7.5% per year.

Acetic Anhydride Imports

Imports into Croatia

In 2021, acetic anhydride imports into Croatia expanded sharply to X tons, growing by 13% against the year before. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 551% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, acetic anhydride imports skyrocketed to $X in 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 217% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Belgium (X tons) was the main acetic anhydride supplier to Croatia, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +21.2%.

In value terms, Belgium ($X) constituted the largest supplier of acetic anhydride to Croatia.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +41.4%.

Import Prices by Country

The average acetic anhydride import price stood at $X per ton in 2021, jumping by 72% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +16.6% per year.

Source: IndexBox Market Intelligence Platform

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