Not ornamented plaster boards and panels market in Croatia

Earlier Report Observations

The market for not ornamented plaster boards in Croatia saw substantial physical expansion from 2018 to 2024, with volume rising from 12.6 million m² to 18.0 million m², a 43% increase over the period. Growth was steady overall, with a slight stabilization in 2020. In value terms, the market declined in 2019 and 2020 before a strong rebound, reaching $39.7 million in 2024.

A notable volume surge of 10% occurred in 2024, lifting the market to 18.0 million m². This growth was accompanied by increased imports, including new supply routes from Belarus, which broadened available sources. Concurrently, vibrant activity in related construction material segments like tiles and clay roofing, involving global manufacturers, contributed to wider sectoral demand.

Production not ornamented plaster boards and panels in Croatia

In value, 2017-2020, K $ US

Croatia's production of not ornamented plaster boards and panels has increased for the third consecutive year. In 2020, the output was valued at 23 065 thousand US dollars, marking a modest gain of 8.4% compared to the previous year. Between 2017 and 2020, production grew by 58.3%, which translates to an annualized rate of 16.5%.

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

In kind, 2017-2020, K m²

Croatia's production volume of not ornamented plaster boards and panels has risen for the third year in a row. In 2020, the country produced 17 911 thousand square meters, which is 8.5% higher than in 2019. From 2017 to 2020, production increased by 76.5%, equating to an annualized growth rate of 20.9%.

Annual dynamics of production in Croatia in kind, 2017-2020, K m²

Exports not ornamented plaster boards and panels from Croatia

Exports in kind, K m²

Croatia's exports of not ornamented plaster boards and panels have grown for the third consecutive year. In 2020, exports reached 9 677 thousand square meters, representing a year-over-year increase of 10.7%. Between 2017 and 2020, exports surged by 92.6%, with an annualized rate of 24.4%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, K m²

From 2017 to 2020, Hungary, Bosnia and Herzegovina, and Montenegro were the main destinations for Croatia's exports of not ornamented plaster boards and panels in kind. Hungary accounted for 46.2% of exports, Bosnia and Herzegovina for 33.8%, and Montenegro for 11.9%, together making up 91.9% 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 value of not ornamented plaster boards and panels has increased for the third year running. In 2020, exports amounted to 11 922 thousand US dollars, up by 10.7% compared to 2019. Between 2017 and 2020, exports grew by 77.8%, corresponding to an annualized rate of 21.1%.

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

Between 2017 and 2020, Bosnia and Herzegovina, Hungary, and Montenegro were the primary buyers of not ornamented plaster boards and panels from Croatia in value terms. Bosnia and Herzegovina represented 43.8% of exports, Hungary 33.2%, and Montenegro 16.2%, collectively accounting for 93.3% 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 not ornamented plaster boards and panels to Croatia

Imports in kind, K m²

Croatia's imports of not ornamented plaster boards and panels have declined for the second consecutive year. In 2020, imports totaled 5 823 thousand square meters, reflecting a modest decrease of 8.6% from 2019. Between 2017 and 2020, imports fell by 7.1%, with an annualized decline rate of 2.4%. The peak was recorded in 2018 at 6 446 thousand square meters, which also saw the largest increase of 2.9%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, K m²

Throughout 2017 to 2020, Romania, Austria, and Hungary were the leading sources for Croatia's imports of not ornamented plaster boards and panels in kind. Romania contributed 36.9% of imports, Austria 30.3%, and Hungary 13.3%, together comprising 80.5% 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 import value of not ornamented plaster boards and panels has decreased for the second year in a row. In 2020, imports reached 8 519 thousand US dollars, down by 20.2% from the previous year. Between 2017 and 2020, imports dropped by 22.3%, equating to an annualized decline of 8.1%. The highest value was in 2018 at 11 699 thousand US dollars, which also experienced the largest increase of 6.7%.

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

From 2017 to 2020, Austria, Romania, and Bulgaria were the main suppliers of not ornamented plaster boards and panels to Croatia in value terms. Austria accounted for 33.3% of imports, Romania for 32.7%, and Bulgaria for 9.4%, together making up 75.3% of total import value.

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

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