Paper or paperboard labels market in Croatia

Earlier Report Observations

The market for paper and paperboard labels in Croatia showed significant volatility in physical volume from 2018 to 2024. After starting at 5 986 tons, consumption fell for two consecutive years, bottoming out at 5 090 tons in 2020. A strong recovery followed, lifting the market volume to 7 052 tons in 2022 and a peak of 7 213 tons in 2023, before it retreated to 6 360 tons in the final year.

In contrast, the market's value in US dollars demonstrated a more positive trajectory after a brief dip. From 2021 onward, its value grew steadily each year, culminating at 67 516 thousand US dollars in 2024. This divergence in 2024, where volume dropped but value increased, indicates a move towards higher-value products or rising unit prices within the label segment.

Domestic production trends largely echoed the market's physical swings, falling to 5 327 tons in 2019 before surging to over 8 000 tons in 2022 and 2024. Throughout the period, Croatia maintained a net exporter position in this sector, with export volumes consistently exceeding imports.

Production paper or paperboard labels in Croatia

In value, 2017-2020, K $ US

In 2020, Croatia's output of paper or paperboard labels was valued at 42 489 thousand US dollars, marking a 1.3% decrease from the previous year. Production grew by 6.9% over the period from 2017 to 2020, translating to an annualized growth rate of 2.3%. The highest value was recorded in 2018 at 43 086 thousand US dollars, which also saw the largest increase of 8.4%.

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

In kind, 2017-2020, t

In 2020, Croatia produced 5 487 tonnes of paper or paperboard labels, representing a 3.0% increase compared to the previous year. From 2017 to 2020, production rose by 7.5%, with a compound annual growth rate of 2.4%. The peak was in 2018 at 6 226 tonnes, which experienced the largest increase of 22.0%. In contrast, 2019 saw the largest decline of 14.4%.

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

Exports paper or paperboard labels from Croatia

Exports in kind, t

In 2020, Croatia exported 1 451 tonnes of paper or paperboard labels, showing a strong gain of 18.5% from the previous year. Over the 2017-2020 period, exports increased by 29.7%, with a compound annual growth rate of 9.0%. The largest decline occurred in 2019 at 11.5%, while the largest increase was in 2018 at 23.5%.

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

From 2017 to 2020, Austria, Italy, and Slovenia were the top buyers of paper or paperboard labels from Croatia, accounting for 27.6%, 22.6%, and 16.5% of exports in kind, respectively. Together, they represented 66.8% of total exports in kind.

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 exports of paper or paperboard labels reached 10 790 thousand US dollars, up 7.9% from the previous year. Between 2017 and 2020, exports grew by 20.8%, with a compound annual growth rate of 6.5%. The largest decline was in 2019 at 0.9%, and the largest increase was in 2018 at 12.9%.

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

From 2017 to 2020, Austria, Italy, and Slovenia stood out as the main markets for Croatia's exports in value terms, with shares of 27.3%, 21.4%, and 17.2%, respectively. Combined, they made up 66.0% 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 paper or paperboard labels to Croatia

Imports in kind, t

In 2020, Croatia imported 1 451 tonnes of paper or paperboard labels, up 1.7% from 2019. Over the 2017-2020 period, imports increased by 24%, with a compound annual growth rate of 7.4%. The highest volume was in 2018 at 1 142 tonnes, which also saw the largest increase of 34.4%. The largest decline occurred in 2019 at 9.3%.

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

From 2017 to 2020, Italy, Slovenia, and Hungary were the main sources of imports in kind for Croatia, accounting for 21.7%, 17.9%, and 13.7% of imports, respectively. Together, they absorbed 53.3% of total imports in kind.

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 2020, Croatia's imports of paper or paperboard labels amounted to 7 832 thousand US dollars, showing no significant change from 2019. Over the 2017-2020 period, imports increased by 8%, with a compound annual growth rate of 2.6%. The peak value was in 2018 at 8 214 thousand US dollars, which experienced the largest increase of 13.3%. The largest decline was in 2019 at 5.0%.

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

From 2017 to 2020, Italy, Germany, and Slovenia accounted for the largest share of Croatia's imports in value terms, with percentages of 30.0%, 15.9%, and 13.9%, respectively. Together, they comprised 59.8% 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