Croatia: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in Croatia

In 2023, the Croatian railway track fixture market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption faced a abrupt decrease. Railway track fixture consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Railway Track Fixture Production in Croatia

In value terms, railway track fixture production fell to $X in 2023 estimated in export price. Overall, production saw a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2022, and then contracted in the following year.

Railway Track Fixture Exports

Exports from Croatia

In 2023, approx. X tons of railway or tramway track fixtures and fittings were exported from Croatia; growing by X% compared with the year before. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, railway track fixture exports surged to $X in 2023. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for railway track fixture exports from Croatia, accounting for a X% share of total exports. Moreover, railway track fixture exports to Germany exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), more than tenfold. Switzerland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Switzerland (X% per year).

In value terms, Germany ($X) remains the key foreign market for railway or tramway track fixtures and fittings exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

In 2023, the average railway track fixture export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, posted a slight expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2023, 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.

Railway Track Fixture Imports

Imports into Croatia

In 2023, supplies from abroad of railway or tramway track fixtures and fittings decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, railway track fixture imports contracted remarkably to $X in 2023. In general, imports, however, posted moderate growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Serbia (X tons) constituted the largest supplier of railway track fixture to Croatia, accounting for a X% share of total imports. Moreover, railway track fixture imports from Serbia exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Serbia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, Serbia ($X) constituted the largest supplier of railway or tramway track fixtures and fittings to Croatia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Serbia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

The average railway track fixture import price stood at $X per ton in 2023, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Serbia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform