Key Market Indicators
Croatian crude oil demand is forecast to reach 30 thousand metric tons in December 2021, a 3.5% increase from the 21 thousand metric tons in November 2021. Since 2010, it is expected to have decreased by 42.3% year on year. Croatian crude oil production is projected to reach 549 thousand tonnes of oil equivalent by 2026, a 1.9% fall from 605 thousand tonnes of oil equivalent in 2021. Since 1995, it has declined by 2.8% year on year. In 2021, Croatia was ranked 66th, with Hungary overtaking it at 605 thousand tonnes of oil equivalent. Saudi Arabia, the United States and Iraq were ranked 2nd, 3rd and 4th respectively.