Croatia - Road Wheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoad Wheel Price in Croatia - 2023
Contents:
- Road Wheel Price in Croatia (CIF) - 2023
- Road Wheel Price in Croatia (FOB) - 2022
- Road Wheel Imports in Croatia
- Road Wheel Exports in Croatia
Road Wheel Price in Croatia (CIF) - 2023
In August 2023, the average road wheel import price amounted to $7,644 per ton, shrinking by -20.7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 49% against the previous month. As a result, import price reached the peak level of $9,637 per ton, and then contracted rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($23,102 per ton), while the price for China ($2,060 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Road Wheel Price in Croatia (FOB) - 2022
In 2022, the average road wheel export price amounted to $9,900 per ton, surging by 18% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, road wheel export price increased by +43.1% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($17,107 per ton), while the average price for exports to Germany ($4,971 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 Serbia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Road Wheel Imports in Croatia
In 2022, approx. 2.1K tons of road wheels were imported into Croatia; increasing by 13% compared with 2021 figures. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, road wheel imports expanded significantly to $14M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Road Wheel in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 3.7 | 3.8 | 4.2 | -0.8% |
| Austria | 1.6 | 1.3 | 1.5 | 1.7 | 2.0% |
| Poland | 1.2 | 1.2 | 1.2 | 1.5 | 7.7% |
| Slovenia | 1.3 | 1.3 | 1.3 | 1.4 | 2.5% |
| Italy | 1.2 | 1.0 | 0.8 | 1.3 | 2.7% |
| Turkey | 0.6 | 0.6 | 0.7 | 1.2 | 26.0% |
| Hungary | 1.6 | 0.9 | 0.8 | 0.6 | -27.9% |
| France | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Others | 1.4 | 1.4 | 1.9 | 1.8 | 8.7% |
| Total | 13.5 | 11.5 | 12.5 | 14.2 | 1.7% |
Top Suppliers of Road Wheel to Croatia in 2022:
- Turkey (401.5 tons)
- Germany (383.6 tons)
- Poland (276.1 tons)
- Italy (208.1 tons)
- Slovenia (160.6 tons)
- France (126.7 tons)
- Austria (124.0 tons)
- Hungary (72.3 tons)
Road Wheel Exports in Croatia
In 2022, overseas shipments of road wheels decreased by -8.9% to 378 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 5.3%. As a result, the exports attained the peak of 418 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, road wheel exports expanded significantly to $3.7M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Road Wheel in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 360 | 315 | 505 | 755 | 28.0% |
| Germany | 696 | 778 | 495 | 450 | -13.5% |
| Latvia | 129 | 175 | 348 | 339 | 38.0% |
| Bosnia and Herzegovina | 194 | 240 | 264 | 305 | 16.3% |
| France | 342 | 309 | 265 | 301 | -4.2% |
| Switzerland | 231 | 334 | 389 | 299 | 9.0% |
| Poland | 51.0 | 56.4 | 147 | 273 | 74.9% |
| Slovenia | 249 | 345 | 250 | 248 | -0.1% |
| Italy | 103 | 141 | 171 | 82.7 | -7.1% |
| Others | 503 | 517 | 649 | 692 | 11.2% |
| Total | 2,856 | 3,211 | 3,482 | 3,745 | 9.5% |
Top Export Markets for Road Wheel from Croatia in 2022:
- Germany (90.4 tons)
- Bosnia and Herzegovina (53.1 tons)
- Serbia (44.2 tons)
- Latvia (36.6 tons)
- Slovenia (30.4 tons)
- Switzerland (23.2 tons)
- France (19.6 tons)
- Poland (19.5 tons)
- Italy (6.7 tons)
This report provides an in-depth analysis of the road wheel 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 29323040 - Road wheels and parts and accessories thereof
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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