Cellular plastic plates, sheets, film, foil and strip market in Croatia

Earlier Report Observations

The market for cellular plastic plates, sheets, film, foil and strip in Croatia showed significant volatility in both volume and value from 2018 to 2024. Market volume ranged from a low of 15 722 t in 2023 to a high of 21 109 t in 2021, while market value swung dramatically from 43.9 million USD in 2020 to 71.8 million USD in 2021.

A sharp market expansion occurred in 2021, with volume rising by 19% to 21 109 t and value surging by 64% to 71.8 million USD. This peak was followed by a substantial contraction in 2022, where volume fell by 20% and value decreased by 14%. The downward trend continued in 2023 before a modest recovery in volume to 16 405 t in 2024, although market value kept declining to 53.6 million USD.

These market size movements were accompanied by notable shifts in trade flows. Exports more than doubled from 2 880 t in 2018 to 7 210 t in 2024, while imports fluctuated between 18 500 t and 22 000 t annually. Domestic production volume also varied, reaching its highest point in 2022 at 4 311 t before decreasing in the following years.

Production cellular plastic sheets in Croatia

In value, 2017-2020, K $ US

Market performance showed noticeable fluctuations during this period. Production reached its lowest point in 2017 and peaked in 2020, with a two-fold difference between these years. In 2020, Croatia's output of cellular plastic plates, sheets, film, foil, and strip was valued at 8 932 thousand US dollars, representing a 2.7% year-over-year increase. The largest decline occurred in 2019 at 1.1%, while the most significant growth was recorded in 2018 with a 93.0% increase.

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

In kind, 2017-2020, t

Croatia's production volume of cellular plastic plates, sheets, film, foil, and strip increased for the third consecutive year. In 2020, the country produced 3 993 tons, marking an 8.7% rise compared to the previous year. Between 2017 and 2020, production grew by 136.4%, which translates to an annualized growth rate of 33.2%.

Annual dynamics of production in Croatia in kind, 2017-2020, t

Exports cellular plastic sheets from Croatia

Exports in kind, t

Croatia's exports of cellular plastic plates, sheets, film, foil, and strip increased for the third year in a row. In 2020, exports reached 4 748 tons, up by 28.6% year-over-year. From 2017 to 2020, exports grew by 65.8%, equating to an annualized growth rate of 18.4%.

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

Between 2017 and 2020, the largest buyers of Croatia's cellular plastic plates, sheets, film, foil, and strip were Slovenia, accounting for 55.4% of exports in kind; Bosnia and Herzegovina, with 20.5%; and China, at 5.9%. Together, these three countries represented 81.8% of total exports in kind.

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

Croatia's exports of cellular plastic plates, sheets, film, foil, and strip increased for the third consecutive year. In 2020, export value reached 17 677 thousand US dollars, showing a sharp 45.1% year-over-year rise. Over the 2017-2020 period, exports grew by 107.7%, with a compound annual growth rate of 27.6%.

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

From 2017 to 2020, Slovenia led as the top buyer in value terms, accounting for 33.7% of exports, followed by Bosnia and Herzegovina at 24.1%, and China at 16.0%. Combined, these three markets represented 73.8% of total export value.

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

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

Imports cellular plastic sheets to Croatia

Imports in kind, t

After two years of growth, Croatia's imports of cellular plastic plates, sheets, film, foil, and strip declined. In 2020, imports reached 18 514 tons, reflecting a modest 9.1% decrease year-over-year. Over the 2017-2020 period, imports increased by 13.8%, with a compound annual growth rate of 4.4%. The highest import volume was recorded in 2019 at 20 367 tons, while the largest increase occurred in 2018 with a 15.9% rise.

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

Throughout 2017-2020, Hungary was the leading source of imports in kind, accounting for 21.4%, followed by Slovenia at 19.3%, and Bosnia and Herzegovina at 16.6%. Together, these three countries accounted for 57.3% of total import flows.

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 cellular plastic plates, sheets, film, foil, and strip declined for the second consecutive year. In 2020, import value stood at 52 648 thousand US dollars, marking an 8.4% decrease compared to the previous year. Over the 2017-2020 period, imports increased by 3.2%, with a compound annual growth rate of 1.1%. The peak import value was recorded in 2018 at 61 172 thousand US dollars, which also saw the largest increase of 19.9%.

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

From 2017 to 2020, Hungary was the top source of imports in value terms, representing 19.8%, followed by Slovenia at 19.1%, and Bosnia and Herzegovina at 12.6%. Together, these three markets accounted for 51.5% of total import value.

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

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