Croatia: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2024

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Croatia

The Croatian market for iron, steel or aluminium reservoirs, tanks, vats and similar containers plummeted to $X in 2020, reducing by X% against the previous year. In general, consumption showed a abrupt downturn. Iron, steel or aluminium reservoir consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Croatia

In value terms, iron, steel or aluminium reservoir production shrank to $X in 2020 estimated in export price. Over the period under review, production recorded a pronounced decline. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Iron, steel or aluminium reservoir production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain momentum.

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Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Croatia

In 2020, overseas shipments of iron, steel or aluminium reservoirs, tanks, vats and similar containers increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, exports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir exports reduced to $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019, and then dropped slightly in the following year.

Exports by Country

Bosnia and Herzegovina (X units), Austria (X units) and Germany (X units) were the main destinations of iron, steel or aluminium reservoir exports from Croatia, together comprising X% of total exports. Serbia, France, the United States, Ukraine, Slovenia and North Macedonia lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron, steel or aluminium reservoir exported from Croatia were Austria ($X), France ($X) and Germany ($X), with a combined X% share of total exports. The United States, Serbia, Bosnia and Herzegovina, North Macedonia, Slovenia and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per unit, with a decrease of X% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Bosnia and Herzegovina ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Croatia

After two years of decline, supplies from abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers increased by X% to X units in 2020. The total import volume increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron, steel or aluminium reservoir imports expanded markedly to $X in 2020. The total import value increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in years to come.

Imports by Country

Serbia (X units), Ukraine (X units) and Italy (X units) were the main suppliers of iron, steel or aluminium reservoir imports to Croatia, together accounting for X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Italy ($X) and Germany ($X) appeared to be the largest iron, steel or aluminium reservoir suppliers to Croatia, with a combined X% share of total imports.

Serbia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per unit in 2020, with a decrease of X% against the previous year. Overall, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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