Croatia: Metal Chain Parts Market 2024

Metal Chain Parts Market Size in Croatia

The Croatian metal chain parts market rose to $X in 2022, surging by X% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. Metal chain parts consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Chain Parts Production in Croatia

In value terms, metal chain parts production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Metal Chain Parts Exports

Exports from Croatia

In 2022, shipments abroad of parts of chains of iron or steel decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, metal chain parts exports totaled $X in 2022. Over the period under review, exports, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for metal chain parts exports from Croatia, accounting for a X% share of total exports. Moreover, metal chain parts exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Italy (X kg), twofold. The third position in this ranking was held by Serbia (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Serbia (X% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for parts of chains of iron or steel exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by North Macedonia ($X), with a X% share of total exports. It was followed by Montenegro, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Montenegro (X% per year).

Export Prices by Country

In 2022, the average metal chain parts export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas 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 North Macedonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Imports

Imports into Croatia

In 2022, supplies from abroad of parts of chains of iron or steel increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metal chain parts imports surged to $X in 2022. Overall, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Italy (X tons) and Slovenia (X tons) were the main suppliers of metal chain parts imports to Croatia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of parts of chains of iron or steel to Croatia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with an X% share of total imports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Slovenia (X% per year).

Import Prices by Country

The average metal chain parts import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a mild contraction. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 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 Germany ($X per ton), while the price for China ($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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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