Croatia - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Croatia - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Spiral or Discs Spring in Croatia - 2023

Contents:

  1. Price for Metal Spiral or Discs Spring in Croatia (FOB) - 2023
  2. Price for Metal Spiral or Discs Spring in Croatia (CIF) - 2023
  3. Exports of Metal Spiral or Discs Spring in Croatia
  4. Imports of Metal Spiral or Discs Spring in Croatia

Price for Metal Spiral or Discs Spring in Croatia (FOB) - 2023

In June 2023, the average export price for iron or steel flat spiral or discs springs amounted to $7,335 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 25% against the previous month. The export price peaked at $9,894 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Austria ($22,758 per ton), while the average price for exports to Serbia ($3,932 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 Austria (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Metal Spiral or Discs Spring in Croatia (CIF) - 2023

The average import price for iron or steel flat spiral or discs springs stood at $18,865 per ton in June 2023, rising by 5.4% against the previous month. Overall, import price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, metal spiral or discs spring import price increased by +140.0% against January 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 67% m-o-m. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($129K per ton), while the price for Spain ($3,240 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Metal Spiral or Discs Spring in Croatia

In 2022, the amount of iron or steel flat spiral or discs springs exported from Croatia declined rapidly to 784 tons, which is down by -27.1% compared with the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, the exports reached the peak of 1.1K tons, and then reduced rapidly in the following year.

In value terms, metal spiral or discs spring exports contracted modestly to $6.2M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 44%. As a result, the exports reached the peak of $6.5M, and then fell modestly in the following year.

Export of Metal Spiral or Discs Spring in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2911,3861,5891,5526.3%
Slovenia8908601,4381,27112.6%
Italy8089271,4409776.5%
Austria25441764781947.7%
Romania23.4202246274127.1%
India29.390.824922697.6%
Serbia237222136216-3.0%
PortugalN/A48.528718595.3%
Bosnia and Herzegovina1091271481408.7%
IndonesiaN/AN/AN/A1250%
Others12121828040649.7%
Total3,7624,4976,4606,19218.1%

Top Export Markets for Metal Spiral or Discs Spring from Croatia in 2022:

  1. Germany (210.4 tons)
  2. Slovenia (189.6 tons)
  3. Italy (144.4 tons)
  4. Austria (44.6 tons)
  5. Serbia (35.8 tons)
  6. India (34.2 tons)
  7. Bosnia and Herzegovina (29.0 tons)
  8. Romania (23.6 tons)
  9. Indonesia (22.4 tons)
  10. Portugal (12.9 tons)

Imports of Metal Spiral or Discs Spring in Croatia

In 2022, metal spiral or discs spring imports into Croatia rose sharply to 214 tons, picking up by 14% against 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.

In value terms, metal spiral or discs spring imports soared to $2.4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal Spiral or Discs Spring in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy548407409486-3.9%
Austria69.558.590.543784.6%
Slovenia3332523274026.5%
Germany556371337365-13.1%
Bosnia and Herzegovina58.196.464.710823.0%
China8.720.710.784.8113.6%
Poland49.918.126.962.17.6%
Others31929627942610.1%
Total1,9421,5191,5452,3716.9%

Top Suppliers of Metal Spiral or Discs Spring to Croatia in 2022:

  1. Italy (55.6 tons)
  2. Slovenia (50.4 tons)
  3. Germany (29.6 tons)
  4. China (23.9 tons)
  5. Bosnia and Herzegovina (13.3 tons)
  6. Austria (12.4 tons)
  7. Poland (6.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal spiral or discs spring 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 25931653 - Iron or steel flat spiral springs
  • Prodcom 25931655 - Iron or steel discs springs
  • Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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