
Croatia - Corrugated Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights
Croatia: Corrugated Paper Market 2022
Corrugated Paper Market Size in Croatia
For the third consecutive year, the Croatian corrugated paper market recorded decline in sales value, which decreased by -X% to $X in 2021. Over the period under review, consumption, however, saw a buoyant expansion. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.
Corrugated Paper Production in Croatia
In value terms, corrugated paper production expanded significantly to $X in 2021 estimated in export price. Overall, production continues to indicate slight growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.
Corrugated Paper Exports
Exports from Croatia
In 2021, shipments abroad of corrugated paper and paperboard was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, corrugated paper exports soared to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Bosnia and Herzegovina (X tons), Slovenia (X tons) and Serbia (X tons) were the main destinations of corrugated paper exports from Croatia, together accounting for X% of total exports. Hungary and Italy lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Italy (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for corrugated paper exported from Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Serbia ($X), together accounting for X% of total exports. Hungary and Italy lagged somewhat behind, together accounting for a further X the main countries of destination, Italy, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average corrugated paper export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X 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 Serbia (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Corrugated Paper Imports
Imports into Croatia
In 2021, purchases abroad of corrugated paper and paperboard increased by X% to X tons, rising for the seventh year in a row after two years of decline. Over the period under review, imports enjoyed a prominent increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.
In value terms, corrugated paper imports soared to $X in 2021. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.
Imports by Country
In 2021, Italy (X tons) constituted the largest corrugated paper supplier to Croatia, with a X% share of total imports. Moreover, corrugated paper imports from Italy exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tons), twofold. The third position in this ranking was taken by Serbia (X tons), with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (-X% per year) and Serbia (+X% per year).
In value terms, the largest corrugated paper suppliers to Croatia were Italy ($X), Bosnia and Herzegovina ($X) and Serbia ($X), together comprising X% of total imports. Slovenia and Hungary lagged somewhat behind, together comprising a further X the main suppliers, Hungary, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average corrugated paper import price amounted to $X per ton, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the corrugated paper 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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