Croatia: Expanded Metal Market 2024

Expanded Metal Market Size in Croatia

In 2022, the Croatian expanded metal market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Expanded Metal Production in Croatia

In value terms, expanded metal production rose to $X in 2022 estimated in export price. In general, production, however, recorded a mild descent. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Expanded metal production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Expanded Metal Exports

Exports from Croatia

In 2022, overseas shipments of iron or steel expanded metal decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a mild setback. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, expanded metal exports rose modestly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for expanded metal exports from Croatia, accounting for a X% share of total exports. Moreover, expanded metal exports to Italy exceeded the volume sent to the second major destination, Germany (X kg), twofold. Bosnia and Herzegovina (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, France ($X), Italy ($X) and Spain ($X) constituted the largest markets for expanded metal exported from Croatia worldwide, together comprising X% of total exports.

France, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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 expanded metal export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price saw mild growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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 France ($X per ton), while the average price for exports to Slovenia ($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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into Croatia

In 2022, purchases abroad of iron or steel expanded metal decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, expanded metal imports fell modestly to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Greece (X tons) and Slovenia (X tons) were the main suppliers of expanded metal imports to Croatia, together accounting for X% of total imports. Hungary, Spain, Italy, Austria and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Germany ($X) and Italy ($X) appeared to be the largest expanded metal suppliers to Croatia, together comprising X% of total imports. Slovenia, Austria, Hungary, Spain and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Slovenia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :