Report Update: May 1, 2024

Croatia - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Iron Angle Price in Croatia - 2023

Iron Angle Price in Croatia (CIF) - 2022

The average iron angle import price stood at $1,372 per ton in 2022, rising by 33% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron angle import price increased by +102.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 52%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($1,719 per ton), while the price for Turkey ($1,101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Iron Angle Price in Croatia (FOB) - 2023

In June 2023, the average iron angle export price amounted to $1,301 per ton, with a decrease of -18.6% against the previous month. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in November 2022 an increase of 150% month-to-month. As a result, the export price attained the peak level of $3,240 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Germany ($2,001 per ton), while the average price for exports to Bosnia and Herzegovina ($1,023 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.4%), while the prices for the other major destinations experienced a decline.

Iron Angle Imports in Croatia

In 2022, after two years of decline, there was growth in supplies from abroad of angles, shapes and sections (of iron or non-alloy steel), when their volume increased by 0.5% to 44K tons. In general, imports, however, recorded a drastic downturn.

In value terms, iron angle imports surged to $61M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Iron Angle in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	10.2	8.6	12.1	12.4	6.7%
Slovenia	4.1	3.8	5.2	7.1	20.1%
Austria	5.5	5.2	7.8	7.0	8.4%
Germany	2.5	1.7	1.8	7.0	40.9%
Poland	4.9	3.8	6.5	6.7	11.0%
Romania	3.9	3.2	4.5	5.4	11.5%
Turkey	2.7	1.8	0.9	4.9	22.0%
Czech Republic	2.4	1.9	2.3	3.8	16.6%
Spain	0.4	2.2	2.6	2.8	91.3%
Others	1.6	1.6	2.1	4.0	35.7%
Total	38.2	33.8	45.8	61.0	16.9%

Top Suppliers of Iron Angle to Croatia in 2022:

Italy (8.6K tons)
Slovenia (5.4K tons)
Poland (5.0K tons)
Austria (4.8K tons)
Turkey (4.4K tons)
Romania (4.1K tons)
Germany (4.1K tons)
Czech Republic (3.0K tons)
Spain (2.0K tons)

Iron Angle Exports in Croatia

In 2022, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) decreased by -34.6% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports attained the peak of 5.8K tons, and then declined rapidly in the following year.

In value terms, iron angle exports reduced slightly to $7.8M in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. As a result, the exports attained the peak of $8.1M, and then fell modestly in the following year.

Export of Iron Angle in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	963	719	920	1,772	22.5%
Austria	368	107	2,174	1,729	67.5%
Bosnia and Herzegovina	594	520	913	1,064	21.4%
Germany	227	2,022	2,347	629	40.5%
Australia	N/A	N/A	363	586	61.4%
France	42.6	36.4	148	366	104.8%
Serbia	444	341	272	213	-21.7%
Poland	589	382	219	58.8	-53.6%
Others	279	19.6	782	1,378	70.3%
Total	3,506	4,147	8,138	7,796	30.5%

Top Export Markets for Iron Angle from Croatia in 2022:

Slovenia (1280.3 tons)
Austria (1079.0 tons)
Bosnia and Herzegovina (809.8 tons)
Germany (188.3 tons)
Serbia (135.8 tons)
France (89.8 tons)
Australia (61.5 tons)
Poland (22.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron angle market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023