Croatia: Prepared Rubber Accelerators Market 2022

Prepared Rubber Accelerators Market Size in Croatia

In 2021, the Croatian prepared rubber accelerators market increased by 32% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption recorded a relatively flat trend pattern. Prepared rubber accelerators consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports from Croatia

After two years of decline, shipments abroad of prepared rubber accelerators increased by 136% to X kg in 2021. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 276% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, prepared rubber accelerators exports skyrocketed to $X in 2021. Over the period under review, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X kg) was the main destination for prepared rubber accelerators exports from Croatia, with a 98% share of total exports. It was followed by Serbia (X kg), with a 2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Slovenia amounted to +37.1%.

In value terms, Slovenia ($X) remains the key foreign market for prepared rubber accelerators exports from Croatia, comprising 94% of total exports. The second position in the ranking was taken by Serbia ($X), with a 6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Slovenia totaled +76.9%.

Export Prices by Country

The average prepared rubber accelerators export price stood at $X per ton in 2021, increasing by 26% against the previous year. Over the period under review, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 61%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Serbia ($X per ton), while the average price for exports to Slovenia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports into Croatia

Prepared rubber accelerators imports into Croatia expanded notably to X tons in 2021, picking up by 14% against 2020 figures. In general, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 129% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, prepared rubber accelerators imports surged to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 125% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Hungary (X tons) and Italy (X tons) were the main suppliers of prepared rubber accelerators imports to Croatia, together comprising 98% of total imports.

From 2012 to 2021, the biggest increases were in Hungary (with a CAGR of +57.7%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of prepared rubber accelerators to Croatia, comprising 57% of total imports. The second position in the ranking was held by Hungary ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+60.8% per year) and Italy (-4.2% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, picking up by 21% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Hungary ($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 (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :