Croatia: Base Metal Closure Market 2025

Base Metal Closure Market Size in Croatia

The Croatian base metal closure market expanded sharply to $X in 2021, with an increase of 5.5% against the previous year. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Base metal closure consumption peaked in 2021 and is likely to see steady growth in the near future.

Base Metal Closure Production in Croatia

In value terms, base metal closure production reached $X in 2021 estimated in export price. In general, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by 32% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Base Metal Closure Exports

Exports from Croatia

In 2021, the amount of base metal closures, stoppers, caps and lids exported from Croatia skyrocketed to X tons, with an increase of 35% compared with 2020. In general, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +58.8% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, base metal closure exports surged to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +108.7% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Bosnia and Herzegovina (X tons) and Slovenia (X tons) were the main destinations of base metal closure exports from Croatia, with a combined 63% share of total exports. Serbia, North Macedonia, France, the Czech Republic and Poland lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +70.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for base metal closure exported from Croatia were Germany ($X), Bosnia and Herzegovina ($X) and Slovenia ($X), together comprising 66% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +47.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average base metal closure export price stood at $X per ton in 2021, with an increase of 22% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Closure Imports

Imports into Croatia

In 2021, imports of base metal closures, stoppers, caps and lids into Croatia totaled X tons, picking up by 4.9% compared with the year before. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.2% against 2012 indices. The growth pace was the most rapid in 2016 with an increase of 21%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, base metal closure imports surged to $X in 2021. In general, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.5% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 25% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest base metal closure supplier to Croatia, accounting for a 46% share of total imports. Moreover, base metal closure imports from Italy exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+3.8% per year) and the Czech Republic (+34.7% per year).

In value terms, Italy ($X), Slovenia ($X) and Poland ($X) constituted the largest base metal closure suppliers to Croatia, with a combined 67% share of total imports. The Czech Republic, Germany, Spain, Turkey and China lagged somewhat behind, together accounting for a further 21%.

Among the main suppliers, Turkey, with a CAGR of +65.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average base metal closure import price amounted to $X per ton, with an increase of 12% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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