Agglomerated wood or fibre panels and tiles market in Croatia

Earlier Report Observations

The market for agglomerated wood or fibre panels and tiles in Croatia expanded from 2.4 million dollars in 2018 to 3.3 million dollars in 2020, reflecting steady growth across the initial years. This upward trajectory was followed by a period of stabilization in 2021, with the market volume remaining near the 3.2 million dollar mark.

After a contraction to 2.7 million dollars in 2022, the market rebounded strongly, reaching 3.7 million dollars in 2023 and then climbing to 5.0 million dollars in 2024. The significant growth in 2024 occurred alongside legislative preparations, as amendments to the Construction Products Act were underway to align Croatian rules with EU Regulation 2024/3110, which will introduce new CE marking and harmonized standards for construction products including these panels from 2025 onward.

Production agglomerated wood or fibre panels and tiles in Croatia

In value, 2017-2020, K $ US

Croatia's production of agglomerated wood or fibre panels and tiles declined after two years of growth. In 2019, output reached its peak at 3,391 thousand US dollars, but by 2020, it had dropped to 2,659 thousand US dollars, marking a significant 21.6% decrease from the previous year. The largest annual increase occurred in 2018, with a 36.1% rise. Overall, from 2017 to 2020, production grew by 15.3%, averaging an annualized rate of 4.9%.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

Exports agglomerated wood or fibre panels and tiles from Croatia

Exports in kind, t

Exports of agglomerated wood or fibre panels and tiles from Croatia fell for the second year in a row. In 2018, volumes peaked at 5,983 tonnes, but by 2020, they had declined to 4,099 tonnes, showing a sharp 28.5% drop compared to 2019. The largest increase was recorded in 2018, with a 61.1% surge. Over the 2017-2020 period, exports increased by 10.4%, with a compound annual growth rate of 3.4%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, t

From 2017 to 2020, Italy, Austria, and Slovenia remained the top buyers of agglomerated wood or fibre panels and tiles from Croatia. Italy accounted for 60.7% of exports in kind, Austria for 14.1%, and Slovenia for 7.7%. Together, these three countries represented 82.6% of Croatia's total exports in this category.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Croatia in kind, 2017-2020

Exports in value, K $ US

After two years of growth, Croatia's exports of agglomerated wood or fibre panels and tiles in value terms declined. In 2019, exports reached their highest point at 3,016 thousand US dollars, but by 2020, they had fallen to 2,627 thousand US dollars, indicating a 12.9% decrease from the previous year. The largest annual increase was in 2018, with a 49.7% rise. From 2017 to 2020, exports grew by 41.4%, with a compound annual growth rate of 12.2%.

Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US

Between 2017 and 2020, Italy, Austria, and Slovenia were the main destinations for Croatia's exports of agglomerated wood or fibre panels and tiles in value terms. Italy held a 37.6% share, Austria 26.9%, and Slovenia 14.8%. Combined, these three countries accounted for 79.3% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Croatia in value, 2017-2020

Imports agglomerated wood or fibre panels and tiles to Croatia

Imports in kind, t

Imports of agglomerated wood or fibre panels and tiles into Croatia rose for the third consecutive year. In 2020, import volumes reached 5,840 tonnes, up 4.9% from 2019. Over the 2017-2020 period, imports increased by 71.5%, with a compound annual growth rate of 19.7%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, t

From 2017 to 2020, Czechia and Hungary dominated Croatia's imports of agglomerated wood or fibre panels and tiles in kind, jointly accounting for 89.1% of total flows. Other countries held much smaller shares during this period.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Croatia in kind, 2017-2020

Imports in value, K $ US

Croatia's imports of agglomerated wood or fibre panels and tiles in value terms increased for the third year in a row. In 2020, imports totaled 3,229 thousand US dollars, reflecting a 26.3% uptick from 2019. Between 2017 and 2020, imports surged by 133.8%, averaging an annualized growth rate of 32.7%.

Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US

During 2017-2020, Czechia, Hungary, and Italy were the principal sources for Croatia's imports of agglomerated wood or fibre panels and tiles in value terms. Czechia accounted for 57.3% of imports, Hungary for 16.5%, and Italy for 14.3%. Together, these three countries made up 88.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Croatia in value, 2017-2020