Croatia: Roundwood Market 2024

Roundwood Market Size in Croatia

The Croatian roundwood market reached $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Roundwood Production in Croatia

In value terms, roundwood production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Roundwood Exports

Exports from Croatia

In 2022, roundwood exports from Croatia declined to X cubic meters, waning by X% against 2021. In general, exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of X cubic meters. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, roundwood exports soared to $X in 2022. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its value 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X cubic meters) was the main destination for roundwood exports from Croatia, with a X% share of total exports. Moreover, roundwood exports to Italy exceeded the volume sent to the second major destination, Slovenia (X cubic meters), fourfold. The third position in this ranking was taken by Hungary (X cubic meters), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Hungary (X% per year).

In value terms, Italy ($X) remains the key foreign market for roundwood exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Slovenia ($X), with an X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the average roundwood export price amounted to $X per cubic meter, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per cubic meter), while the average price for exports to Italy ($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 Ireland (X.2%), while the prices for the other major destinations experienced more modest paces of growth.

Roundwood Imports

Imports into Croatia

In 2022, approx. X cubic meters of roundwood were imported into Croatia; growing by X% against the previous year's figure. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, roundwood imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Slovenia (X cubic meters) constituted the largest supplier of roundwood to Croatia, with a X% share of total imports. Moreover, roundwood imports from Slovenia exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X cubic meters), threefold. Austria (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Slovenia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (X% per year) and Austria (X% per year).

In value terms, Slovenia ($X) constituted the largest supplier of roundwood to Croatia, comprising X% of total imports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Slovenia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (X% per year) and Austria (X% per year).

Import Prices by Country

The average roundwood import price stood at $X per cubic meter in 2022, increasing by X% against the previous year. In general, the import price, however, showed a slight slump. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per cubic meter), while the price for Italy ($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 Bosnia and Herzegovina (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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