Overview of the Market for Rubber Tube And Pipe in Croatia
In value terms, rubber tube and pipe production amounted to $5.1M in 2010 estimated in export prices. Over the period under review, rubber tube and pipe production continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2008 with an increase of 5.7% y-o-y. In that year, rubber tube and pipe production reached its peak level of $11M. From 2009 to 2010, rubber tube and pipe production growth failed to regain its momentum.
The revenue of the rubber tube and pipe market in Croatia amounted to $7.2M in 2010, waning by -22.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, rubber tube and pipe consumption continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2008 when the market value increased by 6.9% year-to-year. In that year, the rubber tube and pipe market reached its peak level of $12M. From 2009 to 2010, the growth of the rubber tube and pipe market remained at a somewhat lower figure.