Croatia: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in Croatia

The Croatian coated arc-welding electrode market fell notably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a deep reduction. Coated arc-welding electrode consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Coated Arc-Welding Electrode Production in Croatia

In value terms, coated arc-welding electrode production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight contraction. Coated arc-welding electrode production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Coated Arc-Welding Electrode Exports

Exports from Croatia

In 2022, exports of coated base metal electrodes for electric arc-welding from Croatia soared to X tons, rising by X% compared with the previous year's figure. In general, exports recorded a remarkable increase. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, coated arc-welding electrode exports skyrocketed to $X in 2022. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Bosnia and Herzegovina (X tons), the Czech Republic (X tons) and Germany (X tons) were the main destinations of coated arc-welding electrode exports from Croatia, together comprising X% of total exports. Serbia, Egypt, Poland, Montenegro, Romania, Slovenia, the UK, Bulgaria and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coated arc-welding electrode exported from Croatia were Bosnia and Herzegovina ($X), Poland ($X) and Germany ($X), with a combined X% share of total exports. Serbia, the Czech Republic, Egypt, Slovenia, Montenegro, Romania, Slovakia, Bulgaria and the UK lagged somewhat behind, together accounting for a further X%.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average coated arc-welding electrode export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the UK ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coated Arc-Welding Electrode Imports

Imports into Croatia

In 2022, the amount of coated base metal electrodes for electric arc-welding imported into Croatia fell sharply to X tons, shrinking by X% against the year before. In general, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, coated arc-welding electrode imports declined dramatically to $X in 2022. Over the period under review, imports recorded a noticeable setback. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Hungary (X tons), Slovenia (X tons) and Austria (X tons) were the main suppliers of coated arc-welding electrode imports to Croatia, with a combined X% share of total imports. Turkey, Romania, Israel and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Hungary ($X) and Slovenia ($X) were the largest coated arc-welding electrode suppliers to Croatia, with a combined X% share of total imports. Turkey, Romania, Israel and China lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average coated arc-welding electrode import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :