Croatia: Cadmium Market 2022

Cadmium Market Size in Croatia

In 2021, the Croatian cadmium market decreased by -2.2% to $X, falling for the third year in a row after three years of growth. Overall, consumption, however, recorded a remarkable increase. Cadmium consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Cadmium Production in Croatia

In value terms, cadmium production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 27%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Cadmium Exports

Exports from Croatia

In 2015, cadmium exports from Croatia surged to X kg, jumping by 50% against the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cadmium exports surged to $X in 2015. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 211% against the previous year. Over the period under review, the exports attained the maximum in 2015 and are expected to retain growth in the immediate term.

Exports by Country

France (X kg) was the main destination for cadmium exports from Croatia, with a 99% share of total exports. It was followed by Germany (X kg), with a 0.5% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for cadmium exports from Croatia, comprising 99.9% of total exports. The second position in the ranking was taken by Germany ($X), with less than 0.1% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average cadmium export price stood at $X per ton in 2015, picking up by 33% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 130% against the previous year. The export price peaked in 2015 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Germany amounted to $X per ton.

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-27.7%).

Cadmium Imports

Imports into Croatia

After two years of growth, supplies from abroad of cadmium and articles thereof decreased by -91.7% to X kg in 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 2,400% against the previous year. Over the period under review, imports reached the maximum at X kg in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, cadmium imports declined significantly to $X in 2021. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 3,413% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Austria (X kg) was the main supplier of cadmium to Croatia, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Austria stood at -37.0%.

In value terms, Austria ($X) constituted the largest supplier of cadmium to Croatia.

From 2012 to 2021, the average annual growth rate of value from Austria totaled -36.6%.

Import Prices by Country

In 2021, the average cadmium import price amounted to $X per ton, waning by -78.7% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 74%. The import price peaked at $X per ton in 2020, and then shrank rapidly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +9.5% per year.

Source: IndexBox Market Intelligence Platform

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