Croatia: Market for Sanitary Ware And Parts Of Iron Or Steel 2022

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Croatia

The Croatian market for sanitary ware and parts of iron or steel dropped to $X in 2021, with a decrease of -X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Iron or steel sanitary ware consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Sanitary Ware And Parts Of Iron Or Steel in Croatia

In value terms, iron or steel sanitary ware production fell dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Croatia

In 2021, exports of sanitary ware and parts of iron or steel from Croatia soared to X tons, jumping by X% against 2020. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, iron or steel sanitary ware exports skyrocketed to $X in 2021. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Bosnia and Herzegovina (X tons), Slovenia (X tons) and Italy (X tons) were the main destinations of iron or steel sanitary ware exports from Croatia, together comprising X% of total exports. These countries were followed by Serbia, Hungary, Russia and Montenegro, which together accounted for a further X 2012 to 2021, the biggest increases were in Russia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel sanitary ware exported from Croatia were Slovenia ($X), Bosnia and Herzegovina ($X) and Serbia ($X), with a combined X% share of total exports. Italy, Hungary, Montenegro and Russia lagged somewhat behind, together comprising a further X the main countries of destination, Italy, with a CAGR of +X%, saw the highest growth rate of 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

The average export price for sanitary ware and parts of iron or steel stood at $X per ton in 2021, rising by X% against the previous year. Overall, export price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel sanitary ware export price increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+X%), while the prices for the other major destinations experienced a decline.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Croatia

In 2021, purchases abroad of sanitary ware and parts of iron or steel was finally on the rise to reach X tons after five years of decline. Over the period under review, imports saw a noticeable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, iron or steel sanitary ware imports soared to $X in 2021. Overall, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of iron or steel sanitary ware imports to Croatia, together accounting for X% of total imports. Slovenia, Germany, Spain and Bulgaria lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Bulgaria (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Germany ($X) appeared to be the largest iron or steel sanitary ware suppliers to Croatia, together accounting for X% of total imports. These countries were followed by Slovenia, Spain, Poland and Bulgaria, which together accounted for a further X the main suppliers, Bulgaria, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for sanitary ware and parts of iron or steel amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform