Croatia: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Croatia

The Croatian calcareous building stone market reduced modestly to $X in 2023, almost unchanged from the previous year. Over the period under review, consumption saw temperate growth. Calcareous building stone consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Calcareous Building Stone Production in Croatia

In value terms, calcareous building stone production declined slightly to $X in 2023 estimated in export price. In general, the total production indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Calcareous building stone production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Calcareous Building Stone Exports

Exports from Croatia

Calcareous building stone exports from Croatia fell to X tons in 2023, dropping by X% on the year before. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, calcareous building stone exports dropped slightly to $X in 2023. Overall, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), China (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of calcareous building stone exports from Croatia, with a combined X% share of total exports. Montenegro lagged somewhat behind, accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Montenegro (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for calcareous building stone exported from Croatia were Italy ($X), China ($X) and Bosnia and Herzegovina ($X), with a combined X% share of total exports. These countries were followed by Montenegro, which accounted for a further X%.

Montenegro, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average calcareous building stone export price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price saw a strong increase. The most prominent rate of growth was recorded in 2022 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Calcareous Building Stone Imports

Imports into Croatia

In 2023, overseas purchases of calcareous building stone increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, calcareous building stone imports soared to $X in 2023. Overall, imports, however, continue to indicate a abrupt slump. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Bosnia and Herzegovina (X tons) constituted the largest supplier of calcareous building stone to Croatia, with a X% share of total imports. Moreover, calcareous building stone imports from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, Montenegro (X tons), fivefold.

From 2012 to 2023, the average annual growth rate of volume from Bosnia and Herzegovina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Montenegro (X% per year) and Albania (X% per year).

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of calcareous building stone to Croatia, comprising X% of total imports. The second position in the ranking was held by Albania ($X), with an X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Bosnia and Herzegovina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Albania (X% per year) and Montenegro (X% per year).

Import Prices by Country

In 2023, the average calcareous building stone import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a slight slump. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Albania ($X per ton), while the price for Montenegro ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform