The plastic market in Croatia reached a volume of 284.99 million kilograms in 2023. Observing historical data, significant growth occurred between 2015 and 2019, marked by a compound annual growth rate (CAGR) that peaked at 10.54% in 2019. However, the market faced fluctuations, particularly in 2020 with a decrease of 2.94%. In recent years, steady growth has reappeared, achieving a year-on-year increase of 3.04% from 2022 to 2023, with a five-year CAGR of 2.93%.
Future trends suggest careful attention to evolving environmental policies, innovations in biodegradable plastics, and shifts in consumer demand towards sustainable materials, which are likely to influence market dynamics significantly.
How does Croatia rank in Plastics Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 11,070,000,000 | 2023 | +1.5% | +1.24% | View data |
| 2 | 2 France | 5,987,000,000 | 2023 | +0.094% | -0.98% | View data |
| 3 | 3 Spain | 3,829,200,000 | 2023 | -0.79% | +2.24% | View data |
| 4 | 4 United Kingdom | 2,985,000,000 | 2023 | -1.42% | -1.71% | View data |
| 5 | 5 Romania | 1,202,000,000 | 2023 | +2.76% | +2.36% | View data |
| 11 | 11 Ireland | 412,370,000 | 2023 | +3.51% | +4.02% | View data |
| 12 | 12 Greece | 354,030,000 | 2023 | +1.87% | +3.66% | View data |
| 13 | 13 Croatia | 284,990,000 | 2023 | +3.04% | +2.93% | |
| 14 | 14 Estonia | 122,410,000 | 2023 | +1.41% | +1.21% | View data |
