Croatia: Ferro-Alloys Market 2024

Ferro-Alloys Market Size in Croatia

In 2022, the Croatian ferro-alloys market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a notable increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Ferro-Alloys Production in Croatia

In value terms, ferro-alloys production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Ferro-alloys production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Ferro-Alloys Exports

Exports from Croatia

In 2022, approx. X tons of ferro-alloys were exported from Croatia; growing by X% on 2021 figures. Overall, exports, however, faced a dramatic decrease. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, ferro-alloys exports soared to $X in 2022. In general, exports, however, recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Italy (X tons) and Slovenia (X kg) were the main destinations of ferro-alloys exports from Croatia, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for ferro-alloys exported from Croatia were Bosnia and Herzegovina ($X), Italy ($X) and Slovenia ($X), with a combined X% share of total exports.

Among the main countries of destination, Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average ferro-alloys export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Italy ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys Imports

Imports into Croatia

In 2022, purchases abroad of ferro-alloys increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys imports stood at $X in 2022. In general, imports showed a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) constituted the largest ferro-alloys supplier to Croatia, accounting for a X% share of total imports. Moreover, ferro-alloys imports from Italy exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Italy ($X) constituted the largest supplier of ferro-alloys to Croatia, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

In 2022, the average ferro-alloys import price amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated moderate growth 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, ferro-alloys import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform