Croatia: Wool Market Overview 2020

Wool Market Size in Croatia

The revenue of the wool market in Croatia amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, wool consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. In that year, the wool market reached its peak level of $X. From 2012 to 2018, the growth of the wool market remained at a lower figure.

Wool Production in Croatia

In value terms, wool production stood at $X in 2018 estimated in export prices. Over the period under review, wool production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Wool production peaked at $X in 2017, and then declined slightly in the following year.

Wool Exports

Exports from Croatia

In 2018, approx. X tonnes of wool were exported from Croatia; declining by -X% against the previous year. Over the period under review, wool exports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2016 with a decrease of -X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, wool exports totaled $X in 2018. Overall, wool exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2016 when exports decreased by -X% year-to-year. Over the period under review, wool exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

India (X tonnes) was the main destination for wool exports from Croatia, with a X% share of total exports. Moreover, wool exports to India exceeded the volume sent to the second major destination, Macedonia (X tonnes), twofold.

From 2007 to 2018, the average annual rate of growth in terms of volume to India stood at -X%.

In value terms, India ($X) and Macedonia ($X) were the largest markets for wool exported from Croatia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Macedonia experienced the highest growth rate of exports, over the last eleven-year period.

Export Prices by Country

In 2018, the average wool export price amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. In that year, the average export prices for wool attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for wool failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Macedonia ($X per tonne), while the average price for exports to India stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to India.

Wool Imports

Imports into Croatia

In 2018, the amount of wool imported into Croatia totaled X kg, jumping by X% against the previous year. Overall, wool imports, however, continue to indicate a dramatic drop. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, wool imports totaled $X in 2018. Over the period under review, wool imports, however, continue to indicate a dramatic descent. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

Germany (X kg), the UK (X kg) and the Netherlands (X kg) were the main suppliers of wool imports to Croatia, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Netherlands, while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), Belgium ($X) and Germany ($X) constituted the largest wool suppliers to Croatia, together comprising X% of total imports. The Netherlands lagged somewhat behind, comprising a further X Netherlands recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average wool import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the wool import price continues to indicate a slight deduction. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for wool attained their maximum at $X per tonne in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Belgium ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform