Croatia: Metal Hammer Market 2024

Metal Hammer Market Size in Croatia

The Croatian metal hammer market reduced to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, posted strong growth. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Metal Hammer Production in Croatia

In value terms, metal hammer production rose sharply to $X in 2022 estimated in export price. Overall, the total production indicated moderate growth 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, production increased by X% against 2018 indices. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Metal Hammer Exports

Exports from Croatia

For the fifth year in a row, Croatia recorded growth in shipments abroad of hammers and sledge hammers with working part of metal, which increased by X% to X tons in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, metal hammer exports skyrocketed to $X in 2022. Overall, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms 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, the largest markets for metal hammer exported from Croatia were Slovenia ($X), Serbia ($X) and Austria ($X), together comprising X% of total exports. Bosnia and Herzegovina, Hungary, Montenegro and Bulgaria lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal hammer export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

Metal Hammer Imports

Imports into Croatia

Metal hammer imports into Croatia reduced to X tons in 2022, declining by X% on the previous year's figure. In general, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, metal hammer imports contracted modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of metal hammer imports to Croatia, together accounting for X% of total imports. Slovakia, the Czech Republic, Slovenia, Italy and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Poland ($X) were the largest metal hammer suppliers to Croatia, with a combined X% share of total imports. Slovenia, Italy, the Czech Republic, Slovakia and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Slovakia, 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

In 2022, the average metal hammer import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. 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 Italy ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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