Croatia: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Croatia

In 2022, the Croatian market for wood chips, parts, residues, pellets and other agglomerates decreased by X% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption, however, showed a resilient increase. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Croatia

In value terms, production of wood chips, parts, residues, pellets and other agglomerates dropped modestly to $X in 2022 estimated in export price. Over the period under review, production showed resilient growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from Croatia

In 2022, overseas shipments of wood chips, parts, residues, pellets and other agglomerates increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates surged to $X in 2022. In general, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X cubic meters) was the main destination for exports of wood chips, parts, residues, pellets and other agglomerates from Croatia, with a X% share of total exports. Moreover, exports of wood chips, parts, residues, pellets and other agglomerates to Italy exceeded the volume sent to the second major destination, Slovenia (X cubic meters), twofold. Austria (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms 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 Austria (X% per year).

In value terms, Italy ($X) remains the key foreign market for wood chips, parts, residues, pellets and other agglomerates exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total exports. It was followed by Austria, 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 Austria (X% per year).

Export Prices by Country

The average export price for wood chips, parts, residues, pellets and other agglomerates stood at $X per cubic meter in 2022, rising by X% against the previous year. Overall, export price indicated resilient 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, export price for wood chips, parts, residues, pellets and other agglomerates 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per cubic meter), while the average price for exports to Bosnia and Herzegovina ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into Croatia

Imports of wood chips, parts, residues, pellets and other agglomerates into Croatia expanded remarkably to X cubic meters in 2022, with an increase of X% against the previous year's figure. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates dropped rapidly to $X in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, Slovenia (X cubic meters) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to Croatia, with a X% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Slovenia exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X cubic meters), more than tenfold. The third position in this ranking was held by Montenegro (X cubic meters), with a X% share.

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

In value terms, Slovenia ($X) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to Croatia, comprising X% of total imports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total imports. It was followed by Montenegro, with a X% share.

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

Import Prices by Country

In 2022, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, reducing by X% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained 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 Bosnia and Herzegovina ($X per cubic meter), while the price for Slovenia (less than $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 Montenegro (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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