Finishing agents for textile, paper and leather market in Croatia

Earlier Report Observations

The Croatian market for finishing agents and dye carriers expanded steadily from 2018 to 2021, with market volume growing from 15 368 t to 22 263 t. This growth was accompanied by a significant rise in market value, which increased by 48% in 2021 alone to reach 29.0 million $, indicating a shift toward higher-value products or substantial price increases within the period.

After reaching its peak, the market volume entered a correction phase, declining to 19 886 t in 2023 and stabilizing at 20 000 t in 2024. In value terms, the market hit its highest point at 31.9 million $ in 2022 before contracting over the subsequent two years to 27.4 million $ in 2024.

The overall trajectory shows a period of robust growth followed by a moderated market scale, with both production and trade flows contributing to the changes in domestic consumption levels.

Production finishing agents for textile, paper and leather in Croatia

In value, 2017-2020, K $ US

In 2020, Croatia's production of finishing agents for textile, paper and leather was valued at 15 745 thousand US dollars, representing a 6.0% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 18.2%, with a compound annual growth rate of 5.7%. The highest value was recorded in 2018 at 15 821 thousand US dollars, which saw an 18.8% increase. In 2019, production experienced the largest decline of 6.1%.

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

In kind, 2017-2020, t

Croatia's production of finishing agents for textile, paper and leather has increased for the third consecutive year. In 2020, the country produced 12 716 tonnes of these agents, reflecting a 12.1% year-on-year rise. Between 2017 and 2020, production grew by 33%, equating to an annualized rate of 10.0%.

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

Exports finishing agents for textile, paper and leather from Croatia

Exports in kind, t

Croatia's exports of finishing agents for textile, paper and leather have risen for the third year in a row. In 2020, the country exported 12 737 tonnes, showing a substantial 14.9% increase compared to the prior year. From 2017 to 2020, exports grew by 36.7%, with an annualized rate of 11.0%.

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

Between 2017 and 2020, Bosnia and Herzegovina accounted for 26.5% of Croatia's exports in kind, Serbia for 21.7%, and Slovenia for 21.1%. Together, these three countries comprised 69.3% 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

In 2020, Croatia's export value of finishing agents for textile, paper and leather amounted to 14 968 thousand US dollars, marking a robust 23.6% increase compared to 2019. Over the period from 2017 to 2020, exports grew by 41.6%, with a compound annual growth rate of 12.3%. The largest decline occurred in 2019, with a 0.5% decrease.

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

From 2017 to 2020, Slovenia was the main buyer, accounting for 25.4% of Croatia's exports in value terms, followed by Bosnia and Herzegovina at 23.8% and Serbia at 20.1%. Together, these three countries made up 69.3% 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 finishing agents for textile, paper and leather to Croatia

Imports in kind, t

Croatia's imports of finishing agents for textile, paper and leather have increased for the third consecutive year. In 2020, imports totaled 19 883 tonnes, reflecting a robust 11.0% gain compared to the prior year. Over the period from 2017 to 2020, imports grew by 42%, with a compound annual growth rate of 12.4%.

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

Between 2017 and 2020, Czechia was the main source, accounting for 30.6% of Croatia's imports in kind, followed by Bosnia and Herzegovina at 23.7% and Austria at 19.5%. Together, these three countries comprised 73.8% 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 finishing agents for textile, paper and leather have risen for the third year in a row. In 2020, imports totaled 18 859 thousand US dollars, amounting to a strong 15.8% improvement compared to 2019. From 2017 to 2020, imports grew by 41%, with a compound annual growth rate of 12.1%.

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

From 2017 to 2020, Czechia accounted for 27.7% of Croatia's imports in value terms, Bosnia and Herzegovina for 20.0%, and Austria for 19.6%. Together, these three markets formed the main cluster, with a combined share of 67.4% 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