Croatia: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in Croatia

In 2022, after two years of growth, there was decline in the Croatian aluminium alloy tube market, when its value decreased by X% to $X. Overall, consumption, however, showed a relatively flat trend pattern. Aluminium alloy tube consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Aluminium Alloy Tube Production in Croatia

In value terms, aluminium alloy tube production shrank modestly to $X in 2022 estimated in export price. In general, production recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Aluminium alloy tube production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium Alloy Tube Exports

Exports from Croatia

In 2022, overseas shipments of aluminium alloy tubes and pipes decreased by X% to X tons, falling for the ninth consecutive year after two years of growth. In general, exports showed a sharp reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, aluminium alloy tube exports amounted to $X in 2022. Overall, exports showed a sharp shrinkage. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Slovenia (X tons) was the main destination for aluminium alloy tube exports from Croatia, with a X% share of total exports. Moreover, aluminium alloy tube exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X tons), twofold. The third position in this ranking was taken by Bosnia and Herzegovina (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Slovenia ($X) emerged as the key foreign market for aluminium alloy tubes and pipes exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Serbia ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average aluminium alloy tube export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Alloy Tube Imports

Imports into Croatia

In 2022, imports of aluminium alloy tubes and pipes into Croatia dropped slightly to X tons, which is down by X% against the previous year's figure. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium alloy tube imports soared to $X in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of aluminium alloy tube to Croatia, accounting for a X% share of total imports. Moreover, aluminium alloy tube imports from China exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), threefold. The third position in this ranking was held by Italy (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Italy (X% per year).

In value terms, China ($X), Slovenia ($X) and Italy ($X) were the largest aluminium alloy tube suppliers to Croatia, with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average aluminium alloy tube import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium alloy tube import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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