The Croatian market for Vinyl Acetate Polymers and other Vinyl Esters and Polymers showed a declining trend from 2013 to 2023. The market volume decreased from 4.1956 million kilograms in 2013 to 2.687 million kilograms in 2023, reflecting a general contraction across the decade.
The year-on-year change highlights significant fluctuations, with the most considerable decline from 2021 to 2022 and 2022 to 2023, both showcasing a negative trend. The compound annual growth rate (CAGR) for the last five years indicates an annual average decrease of 4.02%, suggesting a persistent downtrend in recent years.
Future trends to watch:
- Technological advancements in polymer production could spur recovery.
- Environmental regulations may impact production and demand patterns.
- Increasing demand for eco-friendly materials could alter market dynamics.
- Greater integration into global supply chains may present new opportunities.
How does Croatia rank in Vinyl Acetate Polymers or of Other Vinyl Esters and Other Vinyl Polymers Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 596,680,000 | 2023 | +5.92% | +1.78% | View data |
| 2 | 2 Italy | 179,890,000 | 2023 | -5.81% | -2.51% | View data |
| 3 | 3 France | 78,386,000 | 2023 | +2.63% | +1.65% | View data |
| 4 | 4 United Kingdom | 67,219,000 | 2023 | -1.16% | -2.11% | View data |
| 5 | 5 Finland | 26,549,000 | 2023 | +1.9% | +2.41% | View data |
| 8 | 8 Denmark | 12,037,000 | 2023 | +3.25% | -1.74% | View data |
| 9 | 9 Lithuania | 3,755,100 | 2023 | -2.86% | -2.14% | View data |
| 10 | 10 Croatia | 2,687,000 | 2023 | -4.71% | -4.02% | |