The glue market based on starches or modified starches in Croatia was valued at $1.8754 million USD in 2023. Over the past decade, the market demonstrated noticeable fluctuation, peaking in 2016 and declining thereafter. Year-on-year variations highlight a consistent decrease, with the exception of a slight uptick in 2021 and 2022. The last five-year CAGR shows an average annual decline of 3.69%, underscoring a shrinking market.
Future trends to watch for:
- The potential impact of sustainable and eco-friendly product demand.
- Technological advancements in glue manufacturing processes.
- Changes in global and local economic conditions that may affect market dynamics.
- Opportunities for expansion in emerging markets and industries.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 10 | 10 Morocco | 3,085,600 | 2023 | -3.14% | -3.27% | View data |
| 11 | 11 Jordan | 2,168,900 | 2023 | +2.95% | +4.16% | View data |
| 12 | 12 Croatia | 1,875,400 | 2023 | -0.88% | -3.69% | |
| 13 | 13 Senegal | 894,760 | 2023 | -2.5% | -4.8% | View data |
| 14 | 14 Moldova | 577,640 | 2023 | -0.028% | +0.75% | View data |
