
Croatia - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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Croatia: Pig Iron Market Overview 2020
Pig Iron Market Size in Croatia
After two years of growth, the Croatian pig iron market decreased by -X% to $X in 2019. Overall, consumption, however, posted a strong expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market failed to regain the momentum.
Pig Iron Exports
Exports from Croatia
In 2019, exports of pig iron and spiegeleisen from Croatia stood at X tonnes, leveling off at the previous year's figure. In general, exports recorded a relatively flat trend pattern. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in years to come.
In value terms, pig iron exports amounted to $X in 2019. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.
Exports by Country
Bosnia and Herzegovina (X tonnes) was the main destination for pig iron exports from Croatia, with a approx. X% share of total exports.
From 2007 to 2019, the average annual growth rate of volume to Bosnia and Herzegovina was relatively modest.
From 2007 to 2019, the average annual rate of growth in terms of value to Bosnia and Herzegovina was relatively modest.
Export Prices by Country
The average pig iron export price stood at $X per tonne in 2019, remaining stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in 2019 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From 2007 to 2019, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to X% per year.
Pig Iron Imports
Imports into Croatia
In 2019, pig iron imports into Croatia plummeted to X tonnes, falling by -X% against the previous year's figure. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.
In value terms, pig iron imports contracted markedly to $X in 2019. Overall, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.
Imports by Country
Italy (X tonnes), Poland (X tonnes) and the Czech Republic (X tonnes) were the main suppliers of pig iron imports to Croatia, together comprising X% of total imports. Slovakia and South Africa lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia, while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest pig iron suppliers to Croatia were Italy ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. These countries were followed by Slovakia and South Africa, which together accounted for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2019, the average pig iron import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, import price indicated a modest expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pig iron import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.
Average prices varied noticeably amongst the major supplying countries. In 2019, the highest prices were recorded for prices from South Africa ($X per tonne) and Poland ($X per tonne), while the price for Italy ($X per tonne) and Slovakia ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for pig iron and spiegeleisen in the world?+
China (797M tonnes) remains the largest pig iron consuming country worldwide, comprising approx. 63% of total volume. Moreover, pig iron consumption in China exceeded the figures recorded by the second-largest consumer, India (76M tonnes), tenfold. The third position in this ranking was occupied by South Korea (54M tonnes), with a 4.3% share.
What are the largest producers of pig iron and spiegeleisen in the world?+
The country with the largest volume of pig iron production was China (797M tonnes), accounting for 63% of total volume. Moreover, pig iron production in China exceeded the figures recorded by the second-largest producer, India (77M tonnes), tenfold. South Korea (54M tonnes) ranked third in terms of total production with a 4.2% share.
What are the leading suppliers of pig iron and spiegeleisen to Croatia?+
In value terms, Italy ($2.2M), Poland ($1.2M) and the Czech Republic ($647K) appeared to be the largest pig iron suppliers to Croatia, together comprising 80% of total imports. These countries were followed by Slovakia and South Africa, which together accounted for a further 20%.
What is the average export price for pig iron and spiegeleisen in Croatia?+
In 2019, the average pig iron export price amounted to $550 per tonne, approximately equating the previous year.
What is the average import price for pig iron and spiegeleisen in Croatia?+
The average pig iron import price stood at $456 per tonne in 2019, shrinking by -7.5% against the previous year.
This report provides an in-depth analysis of the pig iron 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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