Croatia: Plywood Market 2023

Plywood Market Size in Croatia

The Croatian plywood market contracted sharply to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, saw a resilient expansion. Plywood consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Plywood Production in Croatia

In value terms, plywood production contracted notably to $X in 2022 estimated in export price. In general, production, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Plywood Exports

Exports from Croatia

In 2022, the amount of plywood exported from Croatia dropped sharply to X cubic meters, waning by X% compared with 2021. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, plywood exports declined sharply to $X in 2022. Over the period under review, exports saw a mild contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X cubic meters), Austria (X cubic meters) and Italy (X cubic meters) were the main destinations of plywood exports from Croatia, together accounting for X% of total exports. The United States, Bosnia and Herzegovina, the Netherlands, Slovenia, Lithuania, Germany, Denmark and Serbia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for plywood exported from Croatia were Austria ($X), France ($X) and the United States ($X), with a combined X% share of total exports. Bosnia and Herzegovina, Slovenia, Italy, the Netherlands, Germany, Lithuania, Denmark and Serbia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average plywood export price amounted to $X per cubic meter, with an increase of X% against the previous year. Over the period from 2012 to 2022, 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Italy ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plywood Imports

Imports into Croatia

In 2022, approx. X cubic meters of plywood were imported into Croatia; reducing by X% compared with 2021 figures. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, plywood imports shrank notably to $X in 2022. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

Poland (X cubic meters), Russia (X cubic meters) and Sweden (X cubic meters) were the main suppliers of plywood imports to Croatia, together comprising X% of total imports.

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

In value terms, the largest plywood suppliers to Croatia were Sweden ($X), Poland ($X) and Russia ($X), together accounting for X% of total imports.

Among the main suppliers, Sweden, with a CAGR of X%, saw the highest growth rate of 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 plywood import price stood at $X per cubic meter in 2022, increasing by X% against the previous year. Overall, import price indicated strong growth 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, plywood import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per cubic meter), while the price for Belarus ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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