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

Croatia: Railway Construction Market Overview 2019

Railway Construction Market Size in Croatia

The revenue of the railway construction market in Croatia amounted to $X in 2017, declining by -X% against the previous year. In general, railway construction consumption continues to indicate a deep slump. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Railway construction consumption peaked at $X in 2014; however, from 2015 to 2017, consumption failed to regain its momentum.

Railway Construction Production in Croatia

In value terms, railway construction production stood at $X in 2017 estimated in export prices. In general, railway construction production continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Railway construction production peaked at $X in 2008; however, from 2009 to 2017, production stood at a somewhat lower figure.

Railway Construction Exports

Exports from Croatia

In 2017, railway construction exports from Croatia amounted to X tonnes, shrinking by -X% against the previous year. Over the period under review, railway construction exports continue to indicate a drastic deduction. The pace of growth was the most pronounced in 2011, when exports increased by X% y-o-y. In that year, railway construction exports attained their peak of X tonnes. From 2012 to 2017, the growth of railway construction exports remained at a somewhat lower figure.

In value terms, railway construction exports totaled $X in 2017. In general, railway construction exports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2011, when exports increased by X% year-to-year. In that year, railway construction exports reached their peak of $X. From 2012 to 2017, the growth of railway construction exports failed to regain its momentum.

Exports by Country

Austria (X tonnes), Turkey (X tonnes) and Serbia (X tonnes) were the main destinations of railway construction exports from Croatia.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Austria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Turkey ($X) and Serbia ($X) constituted the largest markets for railway construction exported from Croatia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Austria (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average railway construction export price amounted to $X per tonne, going up by X% against the previous year. Overall, the railway construction export price continues to indicate a remarkable expansion. The pace of growth appeared the most rapid 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, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Turkey ($X per tonne), while the average price for exports to Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Turkey, while the export prices for the other major destinations experienced more modest paces of growth.

Railway Construction Imports

Imports into Croatia

Railway construction imports into Croatia amounted to X tonnes in 2017, dropping by -X% against the previous year. In general, railway construction imports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2011, when imports increased by X% year-to-year. Over the period under review, railway construction imports reached their peak figure at X tonnes in 2008; however, from 2009 to 2017, imports remained at a lower figure.

In value terms, railway construction imports amounted to $X in 2017. In general, railway construction imports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2011, when imports increased by X% year-to-year. Over the period under review, railway construction imports attained their peak figure at $X in 2014; however, from 2015 to 2017, imports remained at a lower figure.

Imports by Country

In 2017, Austria (X tonnes) was the main 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), twofold. The third position in this ranking was occupied by the Czech Republic (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Austria totaled +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 Romania ($X) constituted the largest railway construction suppliers to Croatia.

Among the main suppliers, Austria recorded the highest growth rate of imports, over the last decade, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2017, the average railway construction import price amounted to $X per tonne, standing approx. at the previous year. Over the period under review, the railway construction import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when the average import price increased by X% y-o-y. Over the period under review, the average import prices for railway or tramway track construction material of iron or steel reached their peak figure at $X per tonne in 2014; however, from 2015 to 2017, import prices remained at a lower figure.

Import prices varied noticeably by the country of origin; the country with the highest import price was Germany ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Montenegro, while the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform