Price for Mineral Substances Not Elsewhere Specified or Included in Croatia - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Croatia (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Croatia (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Croatia
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Croatia

Price for Mineral Substances Not Elsewhere Specified or Included in Croatia (CIF) - 2022

The average import price for mineral substances not elsewhere specified or includeds stood at $155 per ton in 2022, falling by -23.8% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 134%. As a result, import price attained the peak level of $417 per ton. From 2017 to 2022, the average 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 Germany ($1,112 per ton), while the price for Bosnia and Herzegovina ($44 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mineral Substances Not Elsewhere Specified or Included in Croatia (FOB) - 2022

In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $3,278 per ton, rising by 214% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($32,793 per ton), while the average price for exports to Bosnia and Herzegovina ($626 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 the United States (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral Substances Not Elsewhere Specified or Included in Croatia

In 2022, the amount of mineral substances not elsewhere specified or includeds imported into Croatia skyrocketed to 8K tons, with an increase of 40% compared with the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mineral substances not elsewhere specified or includeds expanded markedly to $1.2M in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mineral Substances Not Elsewhere Specified or Included in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy393156227353-3.5%
Hungary57.814613723258.9%
Germany270189217221-6.5%
Austria274216196182-12.7%
Slovenia62.590.111794.614.8%
Slovakia26.823812619.4-10.2%
Bosnia and Herzegovina23.144.819.412.3-18.9%
Others1041061271348.8%
Total1,2111,1861,1681,2491.0%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Croatia in 2022:

  1. Italy (5.8K tons)
  2. Austria (0.8K tons)
  3. Hungary (0.3K tons)
  4. Slovenia (0.3K tons)
  5. Bosnia and Herzegovina (0.3K tons)
  6. Germany (0.2K tons)
  7. Slovakia (0.1K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Croatia

In 2022, overseas shipments of mineral substances not elsewhere specified or includeds decreased by -79.7% to 25 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 40%. As a result, the exports reached the peak of 260 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mineral substances not elsewhere specified or includeds shrank notably to $82K in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -4.4% was in 2020.

Export of Mineral Substances Not Elsewhere Specified or Included in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1657.5N/A35.0-40.4%
China37.178.830.618.1-21.3%
Bosnia and Herzegovina10.831.748.57.8-10.3%
AlbaniaN/A11.310.02.1-56.9%
Serbia1.93.01.21.5-7.6%
Slovenia1.01.63.81.13.2%
Mexico152195N/A0.1-91.3%
Hungary9.19.2N/AN/A1.1%
MontenegroN/AN/A4.7N/A0%
Others29.349.530.216.3-17.8%
Total40638812982.2-41.3%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Croatia in 2022:

  1. Bosnia and Herzegovina (12.5 tons)
  2. China (7.0 tons)
  3. Serbia (1.6 tons)
  4. Slovenia (1.3 tons)
  5. United States (1.1 tons)
  6. Albania (0.1 tons)
  7. Mexico (0.1 tons)

Source: IndexBox Market Intelligence Platform

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