Croatia: Glass Fabric Market Overview 2020

Glass Fabric Market Size in Croatia

The revenue of the glass fabric market in Croatia amounted to $X in 2018, going down by -X% against the previous year. Overall, glass fabric consumption continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. In that year, the glass fabric market reached its peak level of $X, and then declined slightly in the following year.

Glass Fabric Production in Croatia

In value terms, glass fabric production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated tangible growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, glass fabric production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Glass fabric production peaked in 2018 and is likely to continue its growth in the near future.

Glass Fabric Exports

Exports from Croatia

In 2018, the amount of woven fabrics (including narrow fabrics) of glass fibers exported from Croatia stood at X tonnes, picking up by X% against the previous year. Overall, the total exports indicated a moderate expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, glass fabric exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, glass fabric exports totaled $X in 2018. Over the period under review, the total exports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, glass fabric exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Germany (X tonnes), Italy (X tonnes) and Austria (X tonnes) were the main destinations of glass fabric exports from Croatia, with a combined X% share of total exports. These countries were followed by Latvia, Ukraine, Slovenia, Bosnia and Herzegovina, Hungary, Serbia, Greece, the U.S. and Finland, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Latvia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Latvia ($X) appeared to be the largest markets for glass fabric exported from Croatia worldwide, with a combined X% share of total exports.

Latvia experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fabric export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, the average export prices for woven fabrics (including narrow fabrics) of glass fibers attained their peak figure at $X per tonne in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Latvia, while the prices for the other major destinations experienced more modest paces of growth.

Glass Fabric Imports

Imports into Croatia

Glass fabric imports into Croatia totaled X tonnes in 2018, dropping by -X% against the previous year. In general, glass fabric imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, glass fabric imports amounted to $X in 2018. In general, glass fabric imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, glass fabric imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X tonnes) constituted the largest glass fabric supplier to Croatia, with a X% share of total imports. Moreover, glass fabric imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tonnes), fourfold. The third position in this ranking was occupied by the Czech Republic (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and the Czech Republic (+X% per year).

In value terms, the largest glass fabric suppliers to Croatia were the Czech Republic ($X), Hungary ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by Slovakia, Italy, Austria, China, Slovenia, Serbia, Macedonia and Bosnia and Herzegovina, which together accounted for a further X terms of the main suppliers, Serbia experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average glass fabric import price amounted to $X per tonne, going up by X% against the previous year. In general, the glass fabric import price, however, continues to indicate a slight drop. The pace of growth was the most pronounced in 2018 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 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 Slovakia ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform