Croatia: Market for Iron or Steel Flat Spiral or Discs Springs 2025

Market Size for Iron or Steel Flat Spiral or Discs Springs in Croatia

The Croatian market for iron or steel flat spiral or discs springs expanded modestly to $X in 2021, growing by 4.8% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Iron or Steel Flat Spiral or Discs Springs in Croatia

In value terms, metal spiral or discs spring production stood at $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by 436% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports from Croatia

In 2021, after two years of decline, there was significant growth in shipments abroad of iron or steel flat spiral or discs springs, when their volume increased by 37% to X tons. The total export volume increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal spiral or discs spring exports soared to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +124.7% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons), Italy (X tons) and Germany (X tons) were the main destinations of metal spiral or discs spring exports from Croatia, together comprising 81% of total exports. These countries were followed by India, Austria, Bosnia and Herzegovina, Serbia and the Netherlands, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +214.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Slovenia ($X) constituted the largest markets for metal spiral or discs spring exported from Croatia worldwide, together accounting for 69% of total exports. Austria, India, Bosnia and Herzegovina, Serbia and the Netherlands lagged somewhat behind, together accounting for a further 18%.

In terms of the main countries of destination, India, with a CAGR of +135.8%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average export price for iron or steel flat spiral or discs springs amounted to $X per ton, increasing by 8.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2020 an increase of 21%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Slovenia ($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 the Netherlands (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports into Croatia

After three years of decline, overseas purchases of iron or steel flat spiral or discs springs increased by 20% to X tons in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 22% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, metal spiral or discs spring imports rose notably to $X in 2021. Over the period under review, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2017 with an increase of 28%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), Slovenia (X tons) and Germany (X tons) were the main suppliers of metal spiral or discs spring imports to Croatia, with a combined 77% share of total imports. Bosnia and Herzegovina, the Czech Republic, Hungary, Turkey and Austria lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +19.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal spiral or discs spring suppliers to Croatia were Italy ($X), Germany ($X) and Slovenia ($X), with a combined 69% share of total imports. These countries were followed by Austria, Bosnia and Herzegovina, Turkey, the Czech Republic and Hungary, which together accounted for a further 15%.

In terms of the main suppliers, Bosnia and Herzegovina, with a CAGR of +25.0%, 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 flat spiral or discs springs stood at $X per ton in 2021, shrinking by -12% against the previous year. Over the period under review, the import price saw a slight descent. The most prominent rate of growth was recorded in 2015 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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