Croatia: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in Croatia

In 2022, the Croatian market for iron or steel doors, thresholds for doors and windows increased by 4.8% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +27.5% against 2020 indices. Consumption of peaked in 2022 and is likely to continue growth in the near future.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in Croatia

In value terms, production of iron or steel doors, thresholds for doors and windows declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 21% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from Croatia

In 2022, exports of iron or steel doors, thresholds for doors and windows from Croatia contracted to X units, approximately reflecting 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 48%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of iron or steel doors, thresholds for doors and windows soared to $X in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.2% against 2015 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 48%. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2022.

Exports by Country

Slovenia (X units), Serbia (X units) and Bosnia and Herzegovina (X units) were the main destinations of exports of iron or steel doors, thresholds for doors and windows from Croatia, with a combined 73% share of total exports. Austria, Italy, Switzerland, Hungary and Montenegro lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +26.3%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Austria ($X) and Bosnia and Herzegovina ($X) appeared to be the largest markets for iron or steel window and door exported from Croatia worldwide, together accounting for 70% of total exports. These countries were followed by Serbia, Switzerland, Italy, Montenegro and Hungary, which together accounted for a further 27%.

Among the main countries of destination, Switzerland, with a CAGR of +33.5%, recorded the highest growth rate of 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

In 2022, the average export price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, jumping by 19% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel doors, thresholds for doors and windows increased by +79.7% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 30% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into Croatia

In 2022, supplies from abroad of iron or steel doors, thresholds for doors and windows increased by 8.6% to X units, rising for the eighth consecutive year after two years of decline. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.3% against 2014 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 27% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of iron or steel doors, thresholds for doors and windows expanded rapidly to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 29%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Germany (X units), Italy (X units) and Austria (X units) were the main suppliers of imports of iron or steel doors, thresholds for doors and windows to Croatia, with a combined 74% share of total imports. Bosnia and Herzegovina, China, Turkey, the Netherlands, Poland and Slovenia lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +85.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel window and door suppliers to Croatia were Germany ($X), Italy ($X) and Austria ($X), together comprising 70% of total imports. These countries were followed by Bosnia and Herzegovina, China, the Netherlands, Poland, Turkey and Slovenia, which together accounted for a further 21%.

Among the main suppliers, Turkey, with a CAGR of +77.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, declining by -2.4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 14% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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