Croatia: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in Croatia

The Croatian colloidal precious metals market shrank to $X in 2022, declining by X% against the previous year. In general, consumption showed a noticeable reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Colloidal Precious Metals Production in Croatia

In value terms, colloidal precious metals production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Colloidal Precious Metals Exports

Exports from Croatia

In 2022, shipments abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) increased by X% to X kg, rising for the second year in a row after two years of decline. In general, exports recorded a modest increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X kg. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, colloidal precious metals exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Serbia (X kg) was the main destination for colloidal precious metals exports from Croatia, with a X% share of total exports. Moreover, colloidal precious metals exports to Serbia exceeded the volume sent to the second major destination, Austria (X kg), tenfold. The third position in this ranking was taken by Slovenia (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Slovenia (X% per year).

In value terms, Serbia ($X) emerged as the key foreign market for colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Serbia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Slovenia (X% per year).

Export Prices by Country

The average colloidal precious metals export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X,571 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Austria ($X,200 per ton), while the average price for exports to Slovenia ($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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Colloidal Precious Metals Imports

Imports into Croatia

Colloidal precious metals imports into Croatia fell to X tons in 2022, which is down by X% compared with 2021 figures. In general, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, colloidal precious metals imports declined notably to $X in 2022. Over the period under review, imports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of colloidal precious metals to Croatia, accounting for a X% share of total imports. Moreover, colloidal precious metals imports from Spain exceeded the figures recorded by the second-largest supplier, the UK (X kg), ninefold. The third position in this ranking was held by Italy (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Italy (X% per year).

In value terms, Spain ($X) constituted the largest supplier of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) to Croatia, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Italy (X% per year).

Import Prices by Country

The average colloidal precious metals import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, colloidal precious metals import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then contracted rapidly 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 ($X,622 per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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