Croatia - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights

Croatia: Railway Construction Market Overview 2020

Railway Construction Market Size in Croatia

The revenue of the railway construction market in Croatia amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, railway construction consumption continues to indicate a drastic drop. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Over the period under review, the railway construction market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Railway Construction Production in Croatia

In value terms, railway construction production totaled $X in 2018 estimated in export prices. Over the period under review, railway construction production continues to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Railway construction production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Railway Construction Exports

Exports from Croatia

In 2018, approx. X tonnes of railway or tramway track construction material of iron or steel were exported from Croatia; rising by X% against the previous year. Over the period under review, railway construction exports, however, continue to indicate a drastic deduction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Exports peaked at X tonnes in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, railway construction exports stood at $X in 2018. Overall, railway construction exports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. In that year, railway construction exports reached their peak of $X. From 2014 to 2018, the growth of railway construction exports remained at a lower figure.

Exports by Country

Serbia (X tonnes) was the main destination for railway construction exports from Croatia, with a X% share of total exports. Moreover, railway construction exports to Serbia exceeded the volume sent to the second major destination, Slovenia (X tonnes), threefold. Finland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Serbia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Finland (+X% per year).

In value terms, the largest markets for railway construction exported from Croatia were Finland ($X), Serbia ($X) and Spain ($X), together accounting for X% of total exports.

Spain recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average railway construction export price amounted to $X per tonne, coming down by -X% against the previous year. Overall, the export price indicated a slight increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, railway construction export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. In that year, the average export prices for railway or tramway track construction material of iron or steel reached their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per tonne), while the average price for exports to Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Railway Construction Imports

Imports into Croatia

In 2018, the amount of railway or tramway track construction material of iron or steel imported into Croatia totaled X tonnes, lowering by -X% against the previous year. Over the period under review, railway construction imports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, railway construction imports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, railway construction imports totaled $X in 2018. Overall, railway construction imports continue to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Austria (X tonnes) constituted the largest railway construction supplier to Croatia, with a X% share of total imports. Moreover, railway construction imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. The third position in this ranking was occupied by the Czech Republic (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Austria stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Czech Republic (-X% per year).

In value terms, Germany ($X), Austria ($X) and the Czech Republic ($X) appeared to be the largest railway construction suppliers to Croatia, together comprising X% of total imports.

In terms of the main suppliers, Austria experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced a decline.

Import Prices by Country

The average railway construction import price stood at $X per tonne in 2018, lowering by -X% against the previous year. In general, the railway construction import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. In that year, the average import prices for railway or tramway track construction material of iron or steel attained their peak level of $X per tonne. From 2010 to 2018, the growth in terms of the average import prices for railway or tramway track construction material of iron or steel remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform