Croatia: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in Croatia

The Croatian non-malleable cast iron articles market contracted sharply to $X in 2022, reducing by -17.3% against the previous year. Over the period under review, consumption showed a abrupt decrease. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Articles Of Non-Malleable Cast Iron in Croatia

In value terms, non-malleable cast iron articles production stood at $X in 2022 estimated in export price. In general, production faced a sharp contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 3.5%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from Croatia

In 2022, shipments abroad of articles of non-malleable cast iron was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 68% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-malleable cast iron articles exports expanded significantly to $X in 2022. In general, exports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2018 with an increase of 48%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Slovenia (X tons) and Austria (X tons) were the main destinations of non-malleable cast iron articles exports from Croatia, with a combined 87% share of total exports. Bosnia and Herzegovina, Switzerland and Italy lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +23.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for articles of non-malleable cast iron exports from Croatia, comprising 55% of total exports. The second position in the ranking was held by Slovenia ($X), with a 22% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+7.1% per year) and Austria (+6.9% per year).

Export Prices by Country

In 2022, the average non-malleable cast iron articles export price amounted to $X per ton, declining by -13.8% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-malleable cast iron articles export price increased by +33.5% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Non-Malleable Cast Iron

Imports into Croatia

In 2022, approx. X tons of articles of non-malleable cast iron were imported into Croatia; shrinking by -12.5% against the previous year. Over the period under review, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of 14% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, non-malleable cast iron articles imports stood at $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 20%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Slovenia (X tons) constituted the largest supplier of non-malleable cast iron articles to Croatia, with a 60% share of total imports. Moreover, non-malleable cast iron articles imports from Slovenia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovenia amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.2% per year) and Turkey (+35.7% per year).

In value terms, Slovenia ($X) constituted the largest supplier of articles of non-malleable cast iron to Croatia, comprising 56% of total imports. The second position in the ranking was held by Italy ($X), with a 26% share of total imports. It was followed by Turkey, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from Slovenia stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.1% per year) and Turkey (+21.3% per year).

Import Prices by Country

In 2022, the average non-malleable cast iron articles import price amounted to $X per ton, with an increase of 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2020 an increase of 16%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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