The Industrial Gases Market in Croatia experienced fluctuations over the last decade, with the market volume standing at 19.781 million kilograms in 2023. Between 2013 and 2023, the market saw periods of both growth and decline, with significant peaks in 2016 and 2021. Over the last two years, the market saw a slight decline of 0.27% in 2022 and 0.24% in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was modest at 1.06%, indicating a slow yet steady overall upward trend in market volume.
Future trends to watch for include:
- Technological innovations in gas production and distribution
- Increased demand in healthcare and manufacturing sectors
- Potential regulatory changes impacting production and environmental aspects
- Global economic conditions affecting local market dynamics
How does Croatia rank in Industrial Gases Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 7,380,800,000 | 2023 | +2.6% | +2.94% | View data |
| 2 | 2 Austria | 857,060,000 | 2023 | +1.58% | +2.18% | View data |
| 3 | 3 Spain | 826,420,000 | 2023 | -5.1% | -6.53% | View data |
| 4 | 4 Czech Republic | 469,860,000 | 2023 | +1.67% | +1.41% | View data |
| 5 | 5 Finland | 202,660,000 | 2023 | -0.037% | -1.11% | View data |
| 6 | 6 Denmark | 68,573,000 | 2023 | +1.62% | +0.39% | View data |
| 7 | 7 Greece | 29,877,000 | 2023 | +1.26% | +0.026% | View data |
| 8 | 8 Croatia | 19,781,000 | 2023 | -0.24% | +1.06% | |
| 9 | 9 Slovenia | 15,036,000 | 2023 | +8.35% | +4.29% | View data |