Report Update: Apr 1, 2024

Croatia - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights

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Carboxylic Acid Price in Croatia - 2023

Carboxylic Acid Price in Croatia (CIF) - 2022

The average carboxylic acid import price stood at $4,491 per ton in 2022, waning by -10.3% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carboxylic acid import price decreased by -12.6% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 90% against the previous year. Over the period under review, average import prices reached the maximum at $5,141 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($8,761 per ton), while the price for Turkey amounted to $3,767 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%), while the prices for the other major suppliers experienced a decline.

Carboxylic Acid Price in Croatia (FOB) - 2022

In 2022, the average carboxylic acid export price amounted to $3,583 per ton, surging by 24% against the previous year. In general, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 245% against the previous year. As a result, the export price attained the peak level of $12,150 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,141 per ton), while the average price for exports to Slovenia ($2,953 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Carboxylic Acid Imports in Croatia

In 2022, approx. 798 tons of carboxylic acid with alcohol, phenol, aldehyde or ketone functions were imported into Croatia; rising by 1.7% on 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports attained the peak of 799 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, carboxylic acid imports declined to $3.6M in 2022. Over the period under review, imports, however, showed a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $3.9M, and then declined in the following year.

Import of Carboxylic Acid in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	N/A	N/A	N/A	2,570	0%
Switzerland	0.2	0.3	0.4	1,013	1617.4%
Germany	1,245	400	119	N/A	-69.1%
China	153	723	503	N/A	81.3%
Slovenia	150	236	232	N/A	24.4%
Belgium	57.8	147	79.5	N/A	17.3%
Greece	171	474	667	N/A	97.5%
Italy	355	446	681	N/A	38.5%
Netherlands	482	90.7	187	N/A	-37.7%
Israel	728	155	N/A	N/A	-78.7%
Others	371	563	1,463	N/A	98.6%
Total	3,712	3,235	3,932	3,583	-1.2%

Top Suppliers of Carboxylic Acid to Croatia in 2022:

Turkey (682.2 tons)
Switzerland (115.7 tons)

Carboxylic Acid Exports in Croatia

In 2022, the amount of carboxylic acid with alcohol, phenol, aldehyde or ketone functions exported from Croatia reached 158 tons, picking up by 6% compared with the previous year. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 62%. As a result, the exports reached the peak of 167 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, carboxylic acid exports skyrocketed to $567K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction.

Export of Carboxylic Acid in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	44.7	169	211	252	78.0%
Bulgaria	N/A	61.3	N/A	170	66.5%
Bosnia and Herzegovina	18.1	36.4	35.2	41.0	31.3%
Serbia	16.0	0.5	11.1	35.5	30.4%
United States	434	218	109	19.7	-64.3%
Hungary	1.6	4.3	45.7	17.6	122.4%
Others	251	215	17.6	30.9	-50.3%
Total	765	704	430	567	-9.5%

Top Export Markets for Carboxylic Acid from Croatia in 2022:

Slovenia (85.3 tons)
Bulgaria (47.4 tons)
Serbia (8.7 tons)
Bosnia and Herzegovina (6.8 tons)
United States (3.2 tons)
Hungary (3.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carboxylic acid market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023