Croatia - Nitrogen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrogen Price in Croatia - 2023
Contents:
- Nitrogen Price in Croatia (CIF) - 2022
- Nitrogen Price in Croatia (FOB) - 2023
- Nitrogen Imports in Croatia
- Nitrogen Exports in Croatia
Nitrogen Price in Croatia (CIF) - 2022
In 2022, the average nitrogen import price amounted to $0.2 per cubic meter, picking up by 14% against the previous year. In general, the import price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. The import price peaked at $0.2 per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($0.4 per cubic meter), while the price for Serbia ($0.2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (-0.8%), while the prices for the other major suppliers experienced a decline.
Nitrogen Price in Croatia (FOB) - 2023
The average nitrogen export price stood at $183 per thousand cubic meters in June 2023, with a decrease of -8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 17% m-o-m. The export price peaked at $199 per thousand cubic meters in May 2023, and then fell in the following month.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Bosnia and Herzegovina ($531 per thousand cubic meters), while the average price for exports to Slovenia ($150 per thousand cubic meters) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrogen Imports in Croatia
In 2022, the amount of nitrogen imported into Croatia surged to 18M cubic meters, growing by 18% compared with the previous year. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrogen imports soared to $3.1M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +60.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nitrogen in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 475 | 677 | 873 | 1,332 | 41.0% |
| Slovenia | 1,196 | 923 | 853 | 992 | -6.0% |
| Serbia | 111 | 163 | 167 | 551 | 70.6% |
| Austria | 188 | 122 | 302 | 164 | -4.5% |
| Others | 14.4 | 30.6 | 93.2 | 30.0 | 27.7% |
| Total | 1,984 | 1,916 | 2,288 | 3,069 | 15.7% |
Top Suppliers of Nitrogen to Croatia in 2022:
- Italy (8.1M cubic meters)
- Slovenia (5.7M cubic meters)
- Serbia (3.5M cubic meters)
- Austria (0.4M cubic meters)
Nitrogen Exports in Croatia
In 2022, nitrogen exports from Croatia surged to 13M cubic meters, increasing by 32% against the year before. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 +77.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, nitrogen exports soared to $2.2M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +96.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Nitrogen in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 1,047 | 970 | 1,007 | 1,553 | 14.0% |
| Hungary | 243 | 44.7 | 281 | 303 | 7.6% |
| Bosnia and Herzegovina | 126 | 107 | 182 | 228 | 21.9% |
| Italy | 55.0 | N/A | 54.7 | 120 | 29.7% |
| Others | 7.6 | 19.3 | 96.0 | 30.6 | 59.1% |
| Total | 1,478 | 1,141 | 1,620 | 2,236 | 14.8% |
Top Export Markets for Nitrogen from Croatia in 2022:
- Slovenia (10.5M cubic meters)
- Hungary (1.8M cubic meters)
- Italy (0.6M cubic meters)
- Bosnia and Herzegovina (0.6M cubic meters)
This report provides an in-depth analysis of the nitrogen 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 20111160 - Nitrogen
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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