Croatia: Corrugated Paper Market Overview 2020

Corrugated Paper Market Size in Croatia

The revenue of the corrugated paper market in Croatia amounted to $X in 2018, going up by X% against the previous year. Over the period under review, corrugated paper consumption, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the corrugated paper market reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Corrugated Paper Production in Croatia

In value terms, corrugated paper production stood at $X in 2018 estimated in export prices. In general, corrugated paper production, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2016 when production volume increased by X% against the previous year. Over the period under review, corrugated paper production attained its peak figure level in 2018 and is likely to see steady growth in the near future.

Corrugated Paper Exports

Exports from Croatia

In 2018, the amount of corrugated paper and paperboard exported from Croatia totaled X tonnes, dropping by -X% against the previous year. Overall, corrugated paper exports, however, continue to indicate a slight expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. Over the period under review, corrugated paper exports attained their peak figure at X tonnes in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, corrugated paper exports totaled $X in 2018. Overall, corrugated paper exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. In that year, corrugated paper exports reached their peak of $X. From 2015 to 2018, the growth of corrugated paper exports failed to regain its momentum.

Exports by Country

Bosnia and Herzegovina (X tonnes) was the main destination for corrugated paper exports from Croatia, with a X% share of total exports. Moreover, corrugated paper exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X tonnes), twofold. The third position in this ranking was occupied by Hungary (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Bosnia and Herzegovina totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Hungary (-X% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for corrugated paper exports from Croatia, comprising X% of total corrugated paper exports. The second position in the ranking was occupied by Slovenia ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Bosnia and Herzegovina totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Hungary (-X% per year).

Export Prices by Country

The average corrugated paper export price stood at $X per tonne in 2018, surging by X% against the previous year. Over the period under review, the corrugated paper export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for corrugated paper and paperboard attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for corrugated paper and paperboard remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the countries with the highest prices were Serbia ($X per tonne) and Slovenia ($X per tonne), while the average price for exports to Hungary ($X per tonne) and Bosnia and Herzegovina ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Serbia, while the prices for the other major destinations experienced a decline.

Corrugated Paper Imports

Imports into Croatia

In 2018, the amount of corrugated paper and paperboard imported into Croatia amounted to X tonnes, reducing by -X% against the previous year. In general, corrugated paper imports continue to indicate a deep deduction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, corrugated paper imports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, corrugated paper imports stood at $X in 2018. In general, corrugated paper imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Bosnia and Herzegovina (X tonnes) constituted the largest corrugated paper supplier to Croatia, with a X% share of total imports. Moreover, corrugated paper imports from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, Serbia (X tonnes), twofold. Slovenia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Bosnia and Herzegovina totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+X% per year) and Slovenia (-X% per year).

In value terms, the largest corrugated paper suppliers to Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Serbia ($X), together comprising X% of total imports. These countries were followed by Hungary, Italy, Germany and China, which together accounted for a further X the main suppliers, Hungary recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average corrugated paper import price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. In that year, the average import prices for corrugated paper and paperboard reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for corrugated paper and paperboard remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Hungary ($X per tonne), while the price for Bosnia and Herzegovina ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform