Croatia: Non-Rolled Bitumen Products Market 2024

Non-Rolled Bitumen Products Market Size in Croatia

In 2022, the Croatian non-rolled bitumen products market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption showed a remarkable increase. Non-rolled bitumen products consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Non-Rolled Bitumen Products Production in Croatia

In value terms, non-rolled bitumen products production soared to $X in 2022 estimated in export price. In general, production recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Non-rolled bitumen products production peaked in 2022 and is expected to retain growth in the immediate term.

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Non-Rolled Bitumen Products Exports

Exports from Croatia

In 2022, after two years of growth, there was significant decline in shipments abroad of non-rolled bitumen products, when their volume decreased by X% to X tons. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, non-rolled bitumen products exports declined rapidly to $X in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Slovenia (X tons) was the main destination for non-rolled bitumen products exports from Croatia, accounting for a X% share of total exports. Moreover, non-rolled bitumen products exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), fourfold. The third position in this ranking was taken by Montenegro (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Montenegro (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for non-rolled bitumen products exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Montenegro, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Montenegro (X% per year).

Export Prices by Country

The average non-rolled bitumen products export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to Albania ($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 Montenegro (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Rolled Bitumen Products Imports

Imports into Croatia

In 2022, the amount of non-rolled bitumen products imported into Croatia expanded modestly to X tons, with an increase of X% on the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-rolled bitumen products imports soared to $X in 2022. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Slovakia (X tons), Lithuania (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of non-rolled bitumen products imports to Croatia, with a combined X% share of total imports. Poland, Russia, Slovenia and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest non-rolled bitumen products suppliers to Croatia were Slovakia ($X), Poland ($X) and Bosnia and Herzegovina ($X), with a combined X% share of total imports.

Among the main suppliers, Poland, with a CAGR of X%, recorded 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

The average non-rolled bitumen products import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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