Report Update: May 1, 2024

Croatia - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Monocarboxylic Acid Price in Croatia - 2023

Monocarboxylic Acid Price in Croatia (CIF) - 2023

The average monocarboxylic acid import price stood at $2,832 per ton in July 2023, with a decrease of -84.3% against the previous month. In general, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in June 2023 an increase of 266% against the previous month. As a result, import price attained the peak level of $18,065 per ton, and then contracted remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($41,144 per ton), while the price for Poland ($650 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Monocarboxylic Acid Price in Croatia (FOB) - 2022

In 2022, the average monocarboxylic acid export price amounted to $6,752 per ton, growing by 15% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monocarboxylic acid export price increased by +11.7% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $7,172 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($8,185 per ton), while the average price for exports to Slovenia totaled $5,929 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+21.1%), while the prices for the other major destinations experienced mixed trend patterns.

Monocarboxylic Acid Imports in Croatia

For the third consecutive year, Croatia recorded decline in supplies from abroad of acrylic acid and its salts and other monocarboxylic acid, which decreased by -26.2% to 78 tons in 2022. Overall, imports faced a precipitous decline.

In value terms, monocarboxylic acid imports declined significantly to $484K in 2022. Over the period under review, imports faced a dramatic slump.

Import of Monocarboxylic Acid in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	97.1	116	204	169	20.3%
Poland	214	64.9	54.2	60.4	-34.4%
Belgium	165	192	56.8	58.8	-29.1%
China	64.2	58.8	104	53.6	-5.8%
Slovenia	199	107	56.1	50.7	-36.6%
Ireland	13.6	11.7	4.1	20.8	15.2%
Russia	N/A	N/A	N/A	13.8	0%
Netherlands	100	2.8	13.5	2.9	-69.3%
Czech Republic	195	30.7	1.9	0.4	-87.3%
Others	268	153	81.3	54.1	-41.3%
Total	1,316	736	576	484	-28.4%

Top Suppliers of Monocarboxylic Acid to Croatia in 2022:

Germany (18.3 tons)
Belgium (12.8 tons)
Poland (11.8 tons)
China (11.3 tons)
Slovenia (7.9 tons)
Ireland (5.0 tons)
Russia (5.0 tons)
Netherlands (0.6 tons)
Czech Republic (0.1 tons)

Monocarboxylic Acid Exports in Croatia

After three years of growth, shipments abroad of acrylic acid and its salts and other monocarboxylic acid decreased by -3.1% to 16 tons in 2022. The total export volume increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 39%.

In value terms, monocarboxylic acid exports rose rapidly to $110K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 56%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Monocarboxylic Acid in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	20.6	27.4	30.8	60.8	43.4%
Bosnia and Herzegovina	38.1	63.3	40.1	49.2	8.9%
Spain	N/A	N/A	8.2	N/A	0%
Hungary	N/A	N/A	14.7	N/A	0%
Romania	N/A	N/A	4.7	N/A	0%
Others	3.3	5.8	0.6	0.5	-46.7%
Total	62.0	96.4	99.1	110	21.1%

Top Export Markets for Monocarboxylic Acid from Croatia in 2022:

Slovenia (10.3 tons)
Bosnia and Herzegovina (6.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the monocarboxylic 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 20143310 - Acrylic acid and its salts and other monocarboxylic acid

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
Find deeper insights into current market developments
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