Wood assembled flooring panels market in Croatia

Earlier Report Observations

The market for wood assembled flooring panels in Croatia experienced significant fluctuations between 2018 and 2024. After starting at 66.5 million US dollars in 2018, the market size declined to 41.7 million by 2020. It then rebounded strongly, peaking at 86.8 million in 2022, before falling again to 41.4 million in 2024.

The notable growth in 2022, when the market expanded by over 50% to 86.8 million dollars, coincided with increased consumer interest in wood and wood-look flooring designs. Trends such as herringbone patterns and the use of recycled wood gained popularity, adding aesthetic appeal and sustainability to flooring choices. These shifts in consumer preferences likely stimulated demand for wood assembled flooring panels during this period.

By 2024, design trends continued to emphasize natural materials, with wood remaining favored for its aesthetic and functional value. Technological advances improved water resistance, broadening the application of wood flooring to areas like kitchens and bathrooms. However, the market size contracted sharply to 41.4 million dollars, indicating other factors at play beyond these positive trends.

Production wood assembled flooring panels in Croatia

In value, 2017-2020, M $ US

In 2020, Croatia's production of wood assembled flooring panels was valued at 102.0 million US dollars, marking a 7.6% increase from 2019. Over the period from 2017 to 2020, production grew by 27.1%, with an average annual growth rate of 8.3%. The largest decline occurred in 2019, at 5.0%, while the largest increase was in 2018, at 24.2%.

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

In kind, 2017-2020, K m²

In 2020, Croatia produced 4,902 thousand square meters of wood assembled flooring panels, which is 9.0% more than in the previous year. Between 2017 and 2020, production increased by 16.3%, translating to an annualized growth rate of 5.2%. The largest decline was recorded in 2019, at 6.3%, and the largest increase was in 2018, at 13.8%.

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

Exports wood assembled flooring panels from Croatia

Exports in kind, K m²

Croatia's exports of wood assembled flooring panels have increased for the third consecutive year. In 2020, the export volume reached 3,193 thousand square meters, which is 31.8% higher than in 2019. From 2017 to 2020, exports surged by 129.8%, with an average annual growth rate of 32.0%.

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

From 2017 to 2020, Lithuania, Germany, and Switzerland were the top buyers of wood assembled flooring panels from Croatia, accounting for 23.3%, 22.2%, and 18.0% of exports in kind, respectively. Together, they represented 63.5% 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

Croatia's exports of wood assembled flooring panels have grown for the third year in a row. In 2020, exports amounted to 66,869 thousand US dollars, showing a sharp increase of 39.4% compared to 2019. Between 2017 and 2020, exports rose by 145.8%, equating to an annualized growth rate of 35.0%.

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

Between 2017 and 2020, Lithuania, Germany, and Switzerland were the main destinations for Croatia's wood assembled flooring panel exports in value terms, with shares of 24.8%, 22.2%, and 15.7%, respectively. Collectively, they absorbed 62.7% of total exports in value terms.

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

World map of product's exports from Croatia in value, 2017-2020

Imports wood assembled flooring panels to Croatia

Imports in kind, K m²

Croatia's imports of wood assembled flooring panels have declined for the second consecutive year. In 2020, imports totaled 240 thousand square meters, reflecting a moderate decrease of 7.7% from 2019. From 2017 to 2020, imports increased by 5.5%, with an annualized growth rate of 1.8%. The highest import volume was in 2018, at 355 thousand square meters. The largest decline occurred in 2019, at 26.9%, while the largest increase was in 2018, at 56.4%.

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

From 2017 to 2020, Serbia, Slovenia, and Germany consistently remained the primary sources for Croatia's imports of wood assembled flooring panels in kind, with shares of 28.4%, 25.7%, and 9.6%, respectively. Together, they accounted for 63.7% 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 wood assembled flooring panels have decreased for the second year in a row. In 2020, imports were valued at 6,499 thousand US dollars, representing a moderate year-on-year decline of 4.9%. Between 2017 and 2020, imports grew by 25.7%, with an annualized growth rate of 7.9%. The peak value was recorded in 2018, at 8,096 thousand US dollars. The largest decline was in 2019, at 15.6%, and the largest increase was in 2018, at 56.7%.

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

Over the period from 2017 to 2020, Slovenia, Serbia, and Austria were the leading destinations in Croatia's import structure for wood assembled flooring panels in value terms, with shares of 27.5%, 23.1%, and 12.1%, respectively. Combined, they made up 62.7% 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