Croatia: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Croatia

In 2022, the Croatian market for inorganic oxygen compounds of non-metals was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a abrupt slump. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Inorganic Oxygen Compounds Of Non-Metals in Croatia

In value terms, inorganic oxygen compounds of non-metals production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Inorganic oxygen compounds of non-metals production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from Croatia

In 2022, shipments abroad of inorganic oxygen compounds of non-metals decreased by X% to X tons, falling for the third year in a row after three years of growth. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, inorganic oxygen compounds of non-metals exports dropped notably to $X in 2022. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X tons), Hungary (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of inorganic oxygen compounds of non-metals exports from Croatia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for inorganic oxygen compounds of non-metals exported from Croatia were Hungary ($X), Slovenia ($X) and Bosnia and Herzegovina ($X), together comprising X% of total exports. Switzerland and Serbia lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for inorganic oxygen compounds of non-metals amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inorganic oxygen compounds of non-metals export price increased by X% against 2015 indices. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Serbia ($X 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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into Croatia

In 2022, inorganic oxygen compounds of non-metals imports into Croatia soared to X tons, increasing by X% on the previous year. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, inorganic oxygen compounds of non-metals imports expanded remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Austria (X tons), Slovenia (X tons) and Germany (X tons) were the main suppliers of inorganic oxygen compounds of non-metals imports to Croatia, with a combined X% share of total imports. Italy, Albania, Serbia and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of inorganic oxygen compounds of non-metals to Croatia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average import price for inorganic oxygen compounds of non-metals amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, saw resilient growth. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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