Inorganic oxygen compounds of non-metals market in Croatia

Earlier Report Observations

The market for inorganic oxygen compounds of non-metals in Croatia expanded over the 2018–2024 period, with total market volume rising from 19,097 tons to 24,575 tons, an increase of 29%. In value terms, the market grew from 5.3 million USD to 7.0 million USD. This growth was not steady, however, as the market contracted slightly in 2019 and 2020 before entering a phase of more dynamic change from 2021 onward.

A fundamental shift occurred in the supply structure after 2021. Domestic production, which had peaked at 32,881 tons in 2019, plummeted to just 4,350 tons in 2022. This dramatic decline was offset by a surge in imports, which more than doubled from 7,867 tons in 2021 to 19,472 tons in 2022. Consequently, the market became significantly more reliant on imported products, even as total consumption increased.

From 2023, domestic production began to recover, reaching 9,124 tons in 2024, though it remained far below pre-2022 levels. Imports stayed elevated to meet demand, and exports, which had also fallen sharply in 2022, showed modest recovery. The overall market volume continued its upward trajectory, reaching a new high in 2024.

Production inorganic oxygen compounds of non-metals in Croatia

In value, 2017-2020, K $ US

In 2019, Croatia's production of inorganic oxygen compounds of non-metals reached its peak value of 5 145 K $ US, with a significant increase of 17.0% that year. However, in 2020, production dropped sharply to 4 371 K $ US, marking a 15.0% decline compared to 2019. Over the period from 2017 to 2020, overall production decreased by 5.3%, which translates to an average annual decline of 1.8%.

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

In kind, 2017-2020, t

In 2019, Croatia's production of inorganic oxygen compounds of non-metals saw its largest increase of 12.8%. However, in 2020, production fell sharply to 24 250 t, reflecting a 26.2% drop compared to the previous year. From 2017 to 2020, total production decreased by 31%, averaging an 11.6% annual decline.

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

Exports inorganic oxygen compounds of non-metals from Croatia

Exports in kind, t

In 2019, Croatia's exports of inorganic oxygen compounds of non-metals peaked at 23 716 t, with the largest increase of 36.2% recorded that year. In 2020, exports dropped significantly to 13 249 t, a 44.1% reduction compared to 2019. Over the 2017-2020 period, exports decreased by 33.8%, with a compound annual growth rate (CAGR) of -12.9%.

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

From 2017 to 2020, Italy, Slovenia, and Serbia were the three main markets for Croatia's exports of inorganic oxygen compounds of non-metals in kind, collectively accounting for 90.4% 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

In 2019, Croatia's exports of inorganic oxygen compounds of non-metals in value terms reached their highest point at 2 870 K $ US, with a notable increase of 27.6% that year. Following a two-year rise, exports declined in 2020 to 1 933 K $ US, a sharp decrease of 32.7% year-over-year. Over the 2017-2020 period, exports decreased by 7.1%, with a CAGR of -2.4%.

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

From 2017 to 2020, Italy, Slovenia, and Serbia consistently led Croatia's export structure in value terms, with Italy accounting for 51.5%, Slovenia for 23.5%, and Serbia for 7.7% of total exports. Together, these three countries represented 82.6% 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 inorganic oxygen compounds of non-metals to Croatia

Imports in kind, t

In 2018, Croatia's imports of inorganic oxygen compounds of non-metals in kind reached their maximum at 7 369 t, with the largest increase of 10.7% recorded that year. Imports then declined for two consecutive years, dropping to 5 585 t in 2020, a 23.3% decrease compared to 2019. Over the 2017-2020 period, imports decreased by 16.1%, with a CAGR of -5.7%.

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

From 2017 to 2020, Hungary, Bosnia and Herzegovina, and Slovenia formed the core of Croatia's imports of inorganic oxygen compounds of non-metals in kind. Hungary accounted for 55.2%, Bosnia and Herzegovina for 18.0%, and Slovenia for 17.4% of total imports, together representing 90.6% 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

In 2018, Croatia's imports of inorganic oxygen compounds of non-metals in value terms peaked at 3 163 K $ US, with the largest increase of 40.5% that year. Imports then declined for two consecutive years, totaling 2 258 K $ US in 2020, a strong fall of 16.2% compared to 2019.

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

From 2017 to 2020, Croatia's import structure in value terms was relatively balanced rather than concentrated. Germany accounted for 16.5%, Austria for 14.8%, and Hungary for 12.6% of total imports, jointly representing 43.9% of flows. Many other countries accounted for the remaining 56.1%.

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

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