Mastics, fillers and surfacing preparations market in Croatia

Earlier Report Observations

The market volume for mastics, fillers and surfacing preparations in Croatia increased from 136.7 thousand tons in 2018 to 180.8 thousand tons in 2024, despite a temporary contraction in 2022. In value terms, the market grew more consistently, rising from 55.5 million US dollars to 85.6 million US dollars over the same period.

This expansion was primarily supported by a steady rise in imports, which climbed from 158.5 thousand tons to 225.7 thousand tons, offsetting relatively flat domestic production that ranged between 4.2 and 5.1 thousand tons. Exports also increased, but their impact on net market volume was secondary.

After a dip to 132.2 thousand tons in 2022, market volume rebounded strongly in 2023 and 2024, reaching new highs. The market value showed annual growth from 2020 onward, with only a minor setback in 2019.

Production mastics, fillers and surfacing preparations in Croatia

In value, 2017-2020, K $ US

Production of mastics, fillers, and surfacing preparations in Croatia declined for the second consecutive year. In 2020, output was valued at 2 694 K $ US, marking an 8.2% decrease compared to 2019. From 2017 to 2020, production fell by 13.9%, which translates to an average annual decline of 4.9%. The highest value was recorded in 2018 at 3 466 K $ US, with the largest increase that year of 10.8%. The most significant drop occurred in 2019, when production decreased by 15.3%.

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

In kind, 2017-2020, t

Production of mastics, fillers, and surfacing preparations in Croatia declined for the second consecutive year. In 2020, Croatia produced 4 229 t, showing a substantial reduction of 12.2% compared to 2019. Over the period from 2017 to 2020, production decreased by 11.7%, with a compound annual growth rate of -4.1%. The peak was in 2018 at 5 102 t, which also saw the largest increase of 6.5%.

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

Exports mastics, fillers and surfacing preparations from Croatia

Exports in kind, K t

Exports of mastics, fillers, and surfacing preparations from Croatia increased for the second consecutive year. In 2020, Croatia exported 47.3 K t, reflecting a robust gain of 23.2% year-over-year. Between 2017 and 2020, exports grew by 52.6%, equating to an annualized rate of 15.1%. The lowest value was in 2018 at 26.9 K t, when exports declined by 13.3%. The largest increase occurred in 2019, with a surge of 42.9%.

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

From 2017 to 2020, Slovenia, Bosnia and Herzegovina, and Hungary were the main destinations for Croatia's exports of mastics, fillers, and surfacing preparations in kind. Slovenia accounted for 47.3% of exports, Bosnia and Herzegovina for 17.2%, and Hungary for 10.8%. Together, these three countries absorbed 75.3% 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 export volume of mastics, fillers, and surfacing preparations increased for the second consecutive year. In 2020, exports were valued at 15 542 K $ US, equivalent to a rise of 19.6% compared to the previous year. Between 2017 and 2020, exports grew by 59.8%, with an annualized rate of 16.9%. The lowest value was recorded in 2018 at 8 922 K $ US, when exports declined by 8.3%. The largest increase was in 2019, with a jump of 45.7%.

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

Throughout 2017 to 2020, Slovenia, Bosnia and Herzegovina, and Serbia were the key destinations for Croatia's exports in value terms. Slovenia accounted for 25.8% of exports, Bosnia and Herzegovina for 24.3%, and Serbia for 12.7%. Collectively, these three countries took 62.8% 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 mastics, fillers and surfacing preparations to Croatia

Imports in kind, K t

Imports of mastics, fillers, and surfacing preparations into Croatia increased for the third consecutive year. In 2020, imports reached 180.9 K t, showing a limited rise of 4.1% relative to the prior year. Over the period from 2017 to 2020, imports grew by 35.3%, with a compound annual growth rate of 10.6%.

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

From 2017 to 2020, three main markets—Serbia, Slovenia, and Italy—together absorbed 67.0% of total imports in kind of mastics, fillers, and surfacing preparations to Croatia.

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

Deliveries of mastics, fillers, and surfacing preparations to Croatia increased for the third consecutive year. In 2020, imports registered 67 626 K $ US, corresponding to a gradual increase of 8.2% compared to the previous year. Between 2017 and 2020, imports grew by 38.8%, equating to an annualized rate of 11.6%.

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

Over 2017 to 2020, Slovenia, Serbia, and Germany consistently held leading positions in Croatia's import structure in value terms. Slovenia accounted for 27.1% of imports, Serbia for 16.6%, and Germany for 13.8%. Together, these three countries accounted for 57.5% 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