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

Earlier Report Observations

Between 2018 and 2021, the Croatian market for cellular PS plates, sheets, film, foil and strip expanded in volume, reaching a peak of 14 453 tons in 2021. This was followed by a sharp contraction over the next two years, with the market size falling to 9 761 tons in 2023. In value terms, the market exhibited volatility, with a notable surge to 41.3 million US dollars in 2021 amidst changing price levels.

The market volume recovered to 10 887 tons in 2024. This rebound coincided with a broader stabilization of demand across the European Union for polystyrene cellular plates and films, which saw a slight rise after two years of decline. Additionally, import prices for these products in Europe fell by 9.1% in 2024, likely enhancing affordability and supporting consumption in Croatia.

Production cellular PS plates, sheets, film, foil and strip in Croatia

In value, 2017-2020, K $ US

Croatia's production of cellular PS plates, sheets, film, foil, and strip has increased for the third consecutive year. In 2020, the output was valued at 8 552 thousand US dollars, showing a modest rise of 1.4% compared to 2019. From 2017 to 2020, production surged by 121.4%, which translates to an average annual growth rate of 30.3%.

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

In kind, 2017-2020, t

Croatia's production of cellular PS plates, sheets, film, foil, and strip has grown for the third year in a row. In 2020, the country produced 3 935 tonnes, representing a steady increase of 8.3% year-on-year. Over the period from 2017 to 2020, production expanded by 141.3%, with a compound annual growth rate of 34.1%.

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

Exports cellular PS plates, sheets, film, foil and strip from Croatia

Exports in kind, t

Croatia's exports of cellular PS plates, sheets, film, foil, and strip have risen for the third consecutive year. In 2020, exports reached 2 070 tonnes, marking a solid growth of 17.0% from 2019. Between 2017 and 2020, exports increased by 81.3%, corresponding to an annualized rate of 21.9%.

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

From 2017 to 2020, Slovenia was the primary export partner in terms of volume, accounting for 90.8% of total exports.

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 PS plates, sheets, film, foil, and strip have increased for the third year in a row. In 2020, the export value totaled 4 514 thousand US dollars, up by 8.0% compared to 2019. From 2017 to 2020, exports grew by 117.2%, with an annualized rate of 29.5%.

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

During 2017–2020, Slovenia dominated the export structure in value terms, absorbing 85.8% of total flows, while numerous smaller partners made up the remainder.

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 PS plates, sheets, film, foil and strip to Croatia

Imports in kind, t

Following two years of growth, Croatia's imports of cellular PS plates, sheets, film, foil, and strip declined. In 2020, import volume was recorded at 10 469 tonnes, reflecting a slight decrease of 1.9% year-on-year. Over the period from 2017 to 2020, imports increased by 28.6%, with a compound annual growth rate of 8.7%. The peak volume occurred in 2019 at 10 672 tonnes, and the largest annual increase was in 2018 at 18.5%.

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

From 2017 to 2020, Bosnia and Herzegovina (28.3% of import volume), Slovenia (21.4% of import volume), and Serbia (17.1% of import volume) were the main sources for Croatia's imports of cellular PS plates, sheets, film, foil, and strip, collectively representing 66.8% of total 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

After two years of gains, Croatia's imports of cellular PS plates, sheets, film, foil, and strip in value terms declined. In 2020, imports amounted to 24 418 thousand US dollars, indicating a moderate drop of 5.5% from the previous year. Between 2017 and 2020, imports rose by 23.7%, equating to an annualized rate of 7.3%. The highest value was recorded in 2019 at 25 828 thousand US dollars, with the largest increase occurring in 2018 at 30.0%.

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

Throughout 2017–2020, Bosnia and Herzegovina (25.6% of import value), Slovenia (20.7% of import value), and Serbia (15.2% of import value) consistently led the import structure in value terms, together accounting for 61.6% of total flows.

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

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