Macedonia: Bridge Market 2020

Bridge Market Size in Macedonia

The revenue of the bridge market in Macedonia amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, bridge consumption continues to indicate a deep descent. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Macedonia bridge consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Bridge Production in Macedonia

In value terms, bridge production totaled $X in 2018 estimated in export prices. In general, bridge production continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Macedonia bridge production peaked at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Bridge Exports

Exports from Macedonia

Bridge exports from Macedonia stood at X tons in 2018, lowering by -X% against the previous year. Over the period under review, bridge exports, however, continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. In that year, bridge exports reached their peak of X tons. From 2016 to 2018, the growth of bridge exports remained at a somewhat lower figure.

In value terms, bridge exports totaled $X in 2018. Over the period under review, bridge exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. In that year, bridge exports reached their peak of $X. From 2009 to 2018, the growth of bridge exports failed to regain its momentum.

Exports by Country

In 2018, China (X tons), distantly followed by Denmark (X tons), Turkey (X tons), India (X tons) and Germany (X tons) represented the key exporters of bridges, bridge sections, towers and lattice masts (of iron or steel), together mixing up X% of total exports. The following exporters - Spain (X tons), the United Arab Emirates (X tons), Vietnam (X tons), Indonesia (X tons), Portugal (X tons), Italy (X tons) and Bahrain (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bahrain, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Denmark ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. Spain, Germany, Vietnam, India, Italy, the United Arab Emirates, Portugal, Indonesia, Bahrain and Macedonia lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Bahrain experienced the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the bridge export price in Macedonia amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, the export prices for bridges, bridge sections, towers and lattice masts (of iron or steel) reached their peak figure in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Spain ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the export price figures.

Bridge Imports

Imports into Macedonia

In 2018, the imports of bridges, bridge sections, towers and lattice masts (of iron or steel) into Macedonia amounted to X tons, declining by -X% against the previous year. Overall, bridge imports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Macedonia imports peaked at X tons in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, bridge imports stood at $X in 2018. Over the period under review, bridge imports continue to indicate a measured descent. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Over the period under review, bridge imports attained their maximum at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. (X tons), Germany (X tons), the UK (X tons), Kuwait (X tons), Iraq (X tons), France (X tons), Canada (X tons), Australia (X tons), Saudi Arabia (X tons), Sweden (X tons), Oman (X tons) and the Philippines (X tons) represented roughly X% of total imports of bridges, bridge sections, towers and lattice masts (of iron or steel) in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Kuwait, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bridge importing markets into Macedonia were the U.S. ($X), the UK ($X) and Germany ($X), with a combined X% share of total imports. France, Iraq, Canada, Sweden, Saudi Arabia, Australia, Kuwait, the Philippines, Oman and Macedonia lagged somewhat behind, together comprising a further X experienced the highest growth rate of market size, among the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the bridge import price in Macedonia amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the bridge import price continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, the import prices for bridges, bridge sections, towers and lattice masts (of iron or steel) reached their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Iraq, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform