Croatia: Glass Fibre Fabrics Market Overview 2021

Glass Fibre Fabrics Market Size in Croatia

In 2020, the Croatian glass fibre fabrics market was finally on the rise to reach $X after two years of decline. Overall, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Glass fibre fabrics consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Glass Fibre Fabrics Production in Croatia

In value terms, glass fibre fabrics production rose modestly to $X in 2020 estimated in export prices. In general, the total production indicated pronounced growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in the immediate term.

Glass Fibre Fabrics Exports

Exports from Croatia

In 2020, overseas shipments of glass fibre fabrics decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Overall, total exports indicated a slight expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2019, and then dropped in the following year.

In value terms, glass fibre fabrics exports reduced to $X in 2020. Over the period under review, exports, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at $X in 2019, and then reduced slightly in the following year.

Exports by Country

Italy (X tonnes), Germany (X tonnes) and Austria (X tonnes) were the main destinations of glass fibre fabrics exports from Croatia, with a combined X% share of total exports. These countries were followed by Slovenia, Bosnia and Herzegovina, Latvia, the Czech Republic, Slovakia, Hungary, the UK, Serbia, Russia and Greece, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fibre fabrics exported from Croatia were Italy ($X), Germany ($X) and Austria ($X), with a combined X% share of total exports. These countries were followed by Bosnia and Herzegovina, Slovenia, the Czech Republic, Latvia, Slovakia, the UK, Russia, Hungary, Serbia and Greece, which together accounted for a further X UK (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fibre fabrics export price stood at $X per tonne in 2020, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2009; however, from 2010 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to Latvia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Fabrics Imports

Imports into Croatia

In 2020, the amount of glass fibre fabrics imported into Croatia amounted to X tonnes, with an increase of X% compared with the year before. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, glass fibre fabrics imports rose slightly to $X in 2020. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tonnes), Latvia (X tonnes) and Serbia (X tonnes) were the main suppliers of glass fibre fabrics imports to Croatia, together accounting for X% of total imports. Slovenia, Macedonia, Italy, Bosnia and Herzegovina, China, Austria, Slovakia and Poland lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Macedonia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibre fabrics suppliers to Croatia were the Czech Republic ($X), Latvia ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by Serbia, Slovenia, Austria, Macedonia, Bosnia and Herzegovina, China, Slovakia and Poland, which together accounted for a further X terms of the main suppliers, Macedonia (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average glass fibre fabrics import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre fabrics in the world?

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China (674K tonnes) constituted the country with the largest volume of glass fibre fabrics consumption, accounting for 27% of total volume. Moreover, glass fibre fabrics consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (312K tonnes), twofold. The third position in this ranking was occupied by India (266K tonnes), with a 11% share.

What are the largest producers of glass fibre fabrics in the world?

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China (822K tonnes) remains the largest glass fibre fabrics producing country worldwide, accounting for 32% of total volume. Moreover, glass fibre fabrics production in China exceeded the figures recorded by the second-largest producer, the U.S. (307K tonnes), threefold. The third position in this ranking was occupied by India (260K tonnes), with a 10% share.

What are the leading suppliers of glass fibre fabrics to Croatia?

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In value terms, the largest glass fibre fabrics suppliers to Croatia were the Czech Republic ($3.5M), Latvia ($2M) and Italy ($777K), together accounting for 61% of total imports. These countries were followed by Serbia, Slovenia, Austria, Macedonia, Bosnia and Herzegovina, China, Slovakia and Poland, which together accounted for a further 27%.

What are the leading importers of glass fibre fabrics from Croatia?

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In value terms, Italy ($4.8M), Germany ($3.6M) and Austria ($1.2M) constituted the largest markets for glass fibre fabrics exported from Croatia worldwide, with a combined 67% share of total exports. These countries were followed by Bosnia and Herzegovina, Slovenia, the Czech Republic, Latvia, Slovakia, the UK, Russia, Hungary, Serbia and Greece, which together accounted for a further 23%.

What is the average export price for glass fibre fabrics in Croatia?

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In 2020, the average glass fibre fabrics export price amounted to $3,626 per tonne, increasing by 9.9% against the previous year.

What is the average import price for glass fibre fabrics in Croatia?

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In 2020, the average glass fibre fabrics import price amounted to $2,641 per tonne, falling by -4.6% against the previous year.