Cement, concrete or artificial stone articles market in Croatia

Earlier Report Observations

The market for cement, concrete, and artificial stone articles in Croatia experienced notable swings between 2018 and 2021. Volume started at 713.4 thousand tons in 2018, climbed to 756.5 thousand tons in 2019, then declined to 696.2 thousand tons in 2020 before a strong recovery to 808.3 thousand tons in 2021.

In 2022, physical market volume softened to 775.0 thousand tons, yet the market's value rose slightly to 111.9 million US dollars. This was primarily due to substantial cost increases for producers: the EU Emissions Trading System imposed additional costs of 15-25 € per ton, while steep rises in energy and raw material prices further inflated production expenses. These pressures led to higher product prices, which maintained the market's monetary value despite the dip in volume.

Market activity accelerated in 2023, with volume surging to 937.0 thousand tons and value leaping to 159.2 million US dollars. By 2024, growth stabilized, with volume reaching 944.3 thousand tons and value easing marginally to 158.3 million US dollars.

Production cement, concrete or artificial stone articles in Croatia

In value, 2017-2020, K $ US

Cement, concrete, and artificial stone article production in Croatia declined for the second consecutive year. In 2020, output was valued at 64 406 thousand US dollars, marking a moderate decrease of 5.5% from 2019. Production peaked in 2018 at 68 385 thousand US dollars, with the largest annual increase of 12.8% recorded that year. Over the period from 2017 to 2020, production grew by 6.3%, equating to an average annual growth rate of 2.0%.

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

In kind, 2017-2020, K t

After two years of growth, cement, concrete, and artificial stone article production in Croatia declined. In 2020, 582.5 thousand tonnes were produced, representing a limited reduction of 7.0% from 2019. Production reached its highest level in 2019 at 626.1 thousand tonnes. The largest annual increase occurred in 2018, with a rise of 3.7%.

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

Exports cement, concrete or artificial stone articles from Croatia

Exports in kind, K t

The market showed signs of volatility over the observed period. Exports bottomed in 2017 and peaked in 2019, with a 2.1-fold difference between these years. In 2020, exported volumes from Croatia amounted to 82.3 thousand tonnes, indicating a reduction of 9.2% from the previous year. The maximum value was recorded in 2019 at 90.6 thousand tonnes, while the largest annual increase occurred in 2018, with a surge of 71.3%.

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

From 2017 to 2020, Slovenia, Bosnia and Herzegovina, and Serbia were the key partners for exports in kind. Slovenia accounted for 50.0% of exports, Bosnia and Herzegovina for 16.7%, and Serbia for 12.4%. Together, these three countries represented 79.1% of total export flows.

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 a two-year increase, cement, concrete, and artificial stone article exports from Croatia declined. In 2020, exports totalled 12 569 thousand US dollars, reflecting a strong fall of 16.4% from the previous year. Exports peaked in 2019 at 15 029 thousand US dollars, with the largest annual increase of 68.1% recorded in 2018. Over the period from 2017 to 2020, exports grew by 109.5%, equating to a compound annual growth rate of 28.0%.

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

From 2017 to 2020, Slovenia, Serbia, and Bosnia and Herzegovina formed the main group of destinations for exports in value terms. Slovenia accounted for 38.9% of exports, Serbia for 13.1%, and Bosnia and Herzegovina for 11.4%. Together, these three countries represented 63.4% 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 cement, concrete or artificial stone articles to Croatia

Imports in kind, K t

After two years of growth, imported cement, concrete, and artificial stone article volumes in Croatia declined. In 2020, import volume totalled 195.9 thousand tonnes, showing a decline of 11.4% compared to the previous year. Imports peaked in 2019 at 221.0 thousand tonnes, with the largest annual increase of 23.0% recorded that year. Over the period from 2017 to 2020, imports grew by 11%, equating to an average annual growth rate of 3.6%.

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

From 2017 to 2020, Bosnia and Herzegovina, Slovenia, and Hungary formed the main cluster of markets for imports in kind. Bosnia and Herzegovina accounted for 39.8% of imports, Slovenia for 27.1%, and Hungary for 9.7%. Together, these three countries represented 76.6% 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

After two years of growth, cement, concrete, and artificial stone article imports into Croatia declined. In 2020, imports were recorded at 30 702 thousand US dollars, reflecting a significant reduction of 16.4% compared to 2019. Imports peaked in 2019 at 36 746 thousand US dollars, with the largest annual increase of 28.6% recorded that year. Over the period from 2017 to 2020, imports grew by 20.2%, equating to an average annual growth rate of 6.3%.

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

From 2017 to 2020, Bosnia and Herzegovina, Slovenia, and Germany formed the main cluster of markets for imports in value terms. Bosnia and Herzegovina accounted for 39.5% of imports, Slovenia for 16.8%, and Germany for 7.6%. Together, these three countries represented 63.9% 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