Croatia: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Croatia

In 2021, the Croatian copper pipe and fitting market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Copper Tubes, Pipes And Fitting in Croatia

In value terms, copper pipe and fitting production declined slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 30%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports from Croatia

In 2021, overseas shipments of copper tubes, pipes and fitting increased by 28% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 158% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, copper pipe and fitting exports skyrocketed to $X in 2021. In general, exports saw a resilient increase. The growth pace was the most rapid in 2014 when exports increased by 154%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Slovenia (X tons), Bosnia and Herzegovina (X tons) and Serbia (X tons) were the main destinations of copper pipe and fitting exports from Croatia, together comprising 74% of total exports. Hungary, Germany, Kosovo, Bulgaria and Austria lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +121.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper pipe and fitting exported from Croatia were Slovenia ($X), Bosnia and Herzegovina ($X) and Hungary ($X), with a combined 68% share of total exports. Serbia, Germany, Bulgaria, Kosovo and Austria lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, Bulgaria, with a CAGR of +113.7%, 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 copper pipe and fitting export price stood at $X per ton in 2021, surging by 8.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 34% against the previous year. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Kosovo ($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 Kosovo (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Croatia

Copper pipe and fitting imports into Croatia skyrocketed to X tons in 2021, picking up by 21% compared with 2020. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting imports soared to $X in 2021. In general, total imports indicated prominent growth 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of copper pipe and fitting to Croatia, with a 50% share of total imports. Moreover, copper pipe and fitting imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Greece (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 totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.4% per year) and Greece (+1.1% per year).

In value terms, Italy ($X) constituted the largest supplier of copper tubes, pipes and fitting to Croatia, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by Greece, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.7% per year) and Greece (+3.7% per year).

Import Prices by Country

The average copper pipe and fitting import price stood at $X per ton in 2021, rising by 30% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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