Croatia: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Croatia

The Croatian market for iron, steel or aluminium reservoirs, tanks, vats and similar containers declined dramatically to $X in 2020, with a decrease of -X% against the previous year. Overall, consumption continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Iron, steel or aluminium reservoir consumption peaked at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Croatia

In value terms, iron, steel or aluminium reservoir production dropped to $X in 2020 estimated in export prices. In general, production showed a perceptible downturn. The pace of growth was the most pronounced in 2008 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2009; however, from 2010 to 2020, production failed to regain the momentum.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Croatia

In 2020, shipments abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, iron, steel or aluminium reservoir exports reduced to $X in 2020. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Austria (X tons) and Germany (X tons) were the main destinations of iron, steel or aluminium reservoir exports from Croatia, with a combined X% share of total exports. These countries were followed by Serbia, France, the U.S., Ukraine, Slovenia and North Macedonia, which together accounted for a further X 2007 to 2020, the biggest increases were in Ukraine (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron, steel or aluminium reservoir exported from Croatia were Austria ($X), France ($X) and Germany ($X), with a combined X% share of total exports. The U.S., Serbia, Bosnia and Herzegovina, North Macedonia, Slovenia and Ukraine lagged somewhat behind, together accounting for a further X saw 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 more modest paces of growth.

Export Prices by Country

In 2020, the average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, with a decrease of -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Croatia

In 2020, overseas purchases of iron, steel or aluminium reservoirs, tanks, vats and similar containers increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. In general, imports, however, continue to indicate a pronounced contraction. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, iron, steel or aluminium reservoir imports rose rapidly to $X in 2020. Over the period under review, imports, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Serbia (X tons), Ukraine (X tons) and Italy (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Croatia, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest iron, steel or aluminium reservoir suppliers to Croatia were Serbia ($X), Italy ($X) and Germany ($X), together accounting for X% of total imports. Austria, the Czech Republic, Slovenia, Bosnia and Herzegovina and Ukraine lagged somewhat behind, together comprising a further X the main suppliers, Ukraine (+X% per year) 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

In 2020, the average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, which is down by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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