Croatia - Iron or Steel Crown Corks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCroatia: Metal Crown Cork Market 2024
Metal Crown Cork Market Size in Croatia
The Croatian metal crown cork market soared to $X in 2022, picking up by 38% against the previous year. In general, consumption, however, continues to indicate a mild contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Metal Crown Cork Production in Croatia
In value terms, metal crown cork production fell to $X in 2022 estimated in export price. Overall, production, however, recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.4% against the previous year. Metal crown cork production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Metal Crown Cork Exports
Exports from Croatia
Metal crown cork exports from Croatia shrank notably to X units in 2022, falling by -73.9% compared with the previous year's figure. In general, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 149%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, metal crown cork exports declined notably to $X in 2022. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2019 with an increase of 168%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
Bosnia and Herzegovina (X units) was the main destination for metal crown cork exports from Croatia, accounting for a 64% share of total exports. Moreover, metal crown cork exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Montenegro (X units), twofold. Slovenia (X units) ranked third in terms of total exports with a 5.7% share.
From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina stood at -34.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (-18.3% per year) and Slovenia (-48.6% per year).
In value terms, the largest markets for metal crown cork exported from Croatia were Bosnia and Herzegovina ($X), Montenegro ($X) and Slovenia ($X), together comprising 97% of total exports.
In terms of the main countries of destination, Montenegro, with a CAGR of -16.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
In 2022, the average metal crown cork export price amounted to $X per thousand units, jumping by 36% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2019 an increase of 38% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per thousand units in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per thousand units), while the average price for exports to Bosnia and Herzegovina ($X per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Crown Cork Imports
Imports into Croatia
In 2022, imports of iron or steel crown corks into Croatia rose markedly to X units, with an increase of 12% compared with 2021. Over the period under review, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 23% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.
In value terms, metal crown cork imports surged to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Serbia (X units) constituted the largest metal crown cork supplier to Croatia, accounting for a 73% share of total imports. Moreover, metal crown cork imports from Serbia exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The third position in this ranking was taken by Slovenia (X units), with a 1.5% share.
From 2012 to 2022, the average annual growth rate of volume from Serbia totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+268.7% per year) and Slovenia (-13.0% per year).
In value terms, Serbia ($X) constituted the largest supplier of iron or steel crown corks to Croatia, comprising 70% of total imports. The second position in the ranking was held by Poland ($X), with a 28% share of total imports. It was followed by Slovenia, with a 1.8% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Serbia amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+194.7% per year) and Slovenia (-8.4% per year).
Import Prices by Country
In 2022, the average metal crown cork import price amounted to $X per thousand units, surging by 28% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal crown cork import price increased by +92.9% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($X per thousand units), while the price for Slovakia ($X per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal crown cork market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25921330 - Iron or steel crown corks
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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