Paper and Paperboard Market Overview in Croatia
In value terms, paper and paperboard production contracted to $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of % y-o-y. Paper and paperboard production peaked at $ in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.
The value of the paper and paperboard market in Croatia shrank slightly to $ in 2019, with a decrease of -% 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, consumption saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the market value increased by % against the previous year. Paper and paperboard consumption peaked at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.
From 2007 to 2018, the most notable rate of growth in terms of paper and paperboard consumption, amongst the key consumed products, was attained by tissue paper, while paper and paperboard consumption for the other products experienced mixed trend patterns.
In value terms, packaging materials ($), graphic papers ($) and toilet or facial tissue stock, towel and similar paper ($) were the products with the highest levels of market value in 2018, with a combined % share of the total market. Other paper and paperboard, nes lagged somewhat behind, comprising a further %.
In terms of the main consumed products, tissue paper saw the highest growth rate of market size, over the period under review, while paper and paperboard market for the other products experienced a decline.