Croatia: Metal Rivet Market 2025

Metal Rivet Market Size in Croatia

In 2022, the Croatian metal rivet market increased by 16% to $X, rising for the second year in a row after three years of decline. Overall, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +56.5% against 2020 indices. Metal rivet consumption peaked in 2022 and is expected to retain growth in years to come.

Metal Rivet Production in Croatia

In value terms, metal rivet production reduced slightly to $X in 2022 estimated in export price. In general, production faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 11% against the previous year. Metal rivet production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Rivet Exports

Exports from Croatia

In 2022, the amount of iron or steel rivets exported from Croatia reached X tons, growing by 5.7% against 2021. Over the period under review, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, metal rivet exports contracted significantly to $X in 2022. Overall, exports, however, continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2019 when exports increased by 147%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Serbia (X tons) was the main destination for metal rivet exports from Croatia, with a 58% share of total exports. Moreover, metal rivet exports to Serbia exceeded the volume sent to the second major destination, Italy (X kg), fourfold. Bosnia and Herzegovina (X kg) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia totaled -17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+28.2% per year) and Bosnia and Herzegovina (-26.0% per year).

In value terms, Serbia ($X) emerged as the key foreign market for iron or steel rivets exports from Croatia, comprising 41% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 16% share of total exports. It was followed by Germany, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Serbia totaled -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-9.0% per year) and Germany (-0.6% per year).

Export Prices by Country

In 2022, the average metal rivet export price amounted to $X per ton, with a decrease of -43.2% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2019 an increase of 356% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Germany ($X per ton), while the average price for exports to Italy ($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 Bosnia and Herzegovina (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into Croatia

In 2022, supplies from abroad of iron or steel rivets increased by 27% to X tons, rising for the third consecutive year after two years of decline. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 47%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, metal rivet imports stood at $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 50%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and China (X tons) were the main suppliers of metal rivet imports to Croatia, with a combined 80% share of total imports. Austria, Slovenia, Bosnia and Herzegovina and the Czech Republic lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +126.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) constituted the largest metal rivet suppliers to Croatia, together comprising 76% of total imports. Slovenia, China, the Czech Republic and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 19%.

Among the main suppliers, Bosnia and Herzegovina, with a CAGR of +104.1%, saw 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

In 2022, the average metal rivet import price amounted to $X per ton, shrinking by -11.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 13%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Slovenia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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