Croatia: Moulds For Metal Market 2024

Moulds For Metal Market Size in Croatia

The Croatian moulds for metal market declined markedly to $X in 2022, reducing by -21.9% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Moulds for metal consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Moulds For Metal Production in Croatia

In value terms, moulds for metal production fell to $X in 2022 estimated in export price. In general, production showed a abrupt descent. The growth pace was the most rapid in 2018 when the production volume increased by 29% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Moulds For Metal Exports

Exports from Croatia

In 2022, overseas shipments of moulds for metals increased by 11% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 863% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, moulds for metal exports amounted to $X in 2022. In general, total exports indicated pronounced growth from 2012 to 2022: its value 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, exports increased by +38.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 48%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for moulds for metal exports from Croatia, accounting for a 62% share of total exports. Moreover, moulds for metal exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), fivefold. Slovenia (X tons) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+5.2% per year) and Slovenia (-5.0% per year).

In value terms, Germany ($X) remains the key foreign market for moulds for metals exports from Croatia, comprising 56% of total exports. The second position in the ranking was taken by Italy ($X), with a 12% share of total exports. It was followed by France, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+3.5% per year) and France (+7.0% per year).

Export Prices by Country

The average moulds for metal export price stood at $X per ton in 2022, reducing by -7.2% against the previous year. In general, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 632%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average 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 France ($X per ton), while the average price for exports to Slovenia ($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 Spain (+6.5%), while the prices for the other major destinations experienced a decline.

Moulds For Metal Imports

Imports into Croatia

In 2022, approx. X tons of moulds for metals were imported into Croatia; rising by 60% compared with the previous year's figure. Overall, imports saw a modest expansion. The pace of growth was the most pronounced in 2016 when imports increased by 80%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, moulds for metal imports surged to $X in 2022. In general, imports saw buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of 49% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Slovenia (X tons) constituted the largest moulds for metal supplier to Croatia, accounting for a 62% share of total imports. Moreover, moulds for metal imports from Slovenia exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. China (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovenia stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.0% per year) and China (+92.6% per year).

In value terms, Slovenia ($X) constituted the largest supplier of moulds for metals to Croatia, comprising 81% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by China, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovenia amounted to +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.9% per year) and China (+96.3% per year).

Import Prices by Country

The average moulds for metal import price stood at $X per ton in 2022, falling by -17.8% against the previous year. In general, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 138% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 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 France ($X per ton), while the price for Serbia ($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 (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform