Croatia: Metal Skid Chain Market 2024

Metal Skid Chain Market Size in Croatia

In 2021, the Croatian metal skid chain market increased by 2.8% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.7% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Metal Skid Chain Exports

Exports from Croatia

In 2021, after two years of decline, there was significant growth in overseas shipments of iron or steel skid chain, when their volume increased by 36% to X tons. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 55%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal skid chain exports skyrocketed to $X in 2021. In general, exports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 40%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons), Slovenia (X tons) and Montenegro (X tons) were the main destinations of metal skid chain exports from Croatia, with a combined 79% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +21.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Slovenia ($X) and Montenegro ($X) were the largest markets for metal skid chain exported from Croatia worldwide, with a combined 70% share of total exports.

Slovenia, with a CAGR of +20.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average metal skid chain export price stood at $X per ton in 2021, approximately mirroring the previous year. In general, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2015 an increase of 59%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Montenegro ($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 Serbia (+2.1%), while the prices for the other major destinations experienced a decline.

Metal Skid Chain Imports

Imports into Croatia

In 2021, supplies from abroad of iron or steel skid chain was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a mild decline. The pace of growth was the most pronounced in 2018 when imports increased by 91% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, metal skid chain imports expanded sharply to $X in 2021. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.3% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 80% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Slovenia (X tons), China (X tons) and Italy (X tons) were the main suppliers of metal skid chain imports to Croatia, together accounting for 57% of total imports. Sweden, Poland, Turkey, Germany and Lithuania lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +116.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal skid chain suppliers to Croatia were Germany ($X), Slovenia ($X) and Sweden ($X), with a combined 54% share of total imports. These countries were followed by China, Italy, Poland, Turkey and Lithuania, which together accounted for a further 38%.

Poland, with a CAGR of +98.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metal skid chain import price amounted to $X per ton, picking up by 12% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal skid chain import price increased by +90.9% against 2016 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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