Croatia: Interchangeable Spanner Socket Market 2025

Interchangeable Spanner Socket Market Size in Croatia

In 2022, the Croatian interchangeable spanner socket market increased by 7.3% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption saw a strong expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Interchangeable Spanner Socket Production in Croatia

In value terms, interchangeable spanner socket production surged to $X in 2022 estimated in export price. Overall, production posted significant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Interchangeable Spanner Socket Exports

Exports from Croatia

In 2022, approx. X tons of interchangeable spanner sockets were exported from Croatia; increasing by 36% on 2021 figures. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 117% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, interchangeable spanner socket exports soared to $X in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 116%. 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), Serbia (X tons) and Slovenia (X tons) were the main destinations of interchangeable spanner socket exports from Croatia, with a combined 64% share of total exports. North Macedonia, Montenegro, Bulgaria, Greece and Germany lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +414.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Serbia ($X) and Slovenia ($X) constituted the largest markets for interchangeable spanner socket exported from Croatia worldwide, with a combined 69% share of total exports. Montenegro, North Macedonia, Bulgaria, Greece and Germany lagged somewhat behind, together comprising a further 24%.

Greece, with a CAGR of +215.7%, saw the highest growth rate of the value of exports, among 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 interchangeable spanner socket export price amounted to $X per ton, which is down by -14.8% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, interchangeable spanner socket export price decreased by -15.6% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 52%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to North Macedonia ($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 (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Interchangeable Spanner Socket Imports

Imports into Croatia

In 2022, overseas purchases of interchangeable spanner sockets increased by 10% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2014 with an increase of 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, interchangeable spanner socket imports expanded sharply to $X in 2022. In general, imports recorded a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of 42%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Germany (X tons), Poland (X tons) and Slovenia (X tons) were the main suppliers of interchangeable spanner socket imports to Croatia, with a combined 82% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +79.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of interchangeable spanner sockets to Croatia, comprising 51% of total imports. The second position in the ranking was taken by Poland ($X), with a 19% share of total imports. It was followed by Slovenia, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +34.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+85.1% per year) and Slovenia (+6.1% per year).

Import Prices by Country

The average interchangeable spanner socket import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 22% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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