Croatia - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Wire Product in Croatia - 2023
Contents:
- Price for Iron or Steel Wire Product in Croatia (FOB) - 2023
- Price for Iron or Steel Wire Product in Croatia (CIF) - 2023
- Exports of Iron or Steel Wire Product in Croatia
- Imports of Iron or Steel Wire Product in Croatia
Price for Iron or Steel Wire Product in Croatia (FOB) - 2023
In July 2023, the average export price for iron or steel wire products amounted to $2,454 per ton, remaining stable against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 5.5% m-o-m. The export price peaked at $2,633 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the Netherlands ($4,765 per ton), while the average price for exports to the UK ($224 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Wire Product in Croatia (CIF) - 2023
In July 2023, the average import price for iron or steel wire products amounted to $3,000 per ton, growing by 15% against the previous month. In general, the import price recorded a modest increase. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 22% m-o-m. As a result, import price reached the peak level of $3,792 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($5,674 per ton), while the price for Romania ($1,070 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Iron or Steel Wire Product in Croatia
In 2022, approx. 30K tons of iron or steel wire products were exported from Croatia; which is down by -23.9% on the previous year. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 7.7%. As a result, the exports reached the peak of 40K tons, and then shrank remarkably in the following year.
In value terms, iron or steel wire product exports contracted to $78M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $89M, and then fell in the following year.
| Export of Iron or Steel Wire Product in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | 10.1 | 13.3 | 21.8 | 46.9% | |
| Poland | 15.0 | 14.1 | 14.0 | -3.4% | |
| Belgium | 9.1 | 7.9 | 9.3 | 1.1% | |
| Romania | 4.6 | 4.2 | 8.0 | 31.9% | |
| Austria | 3.5 | 3.3 | 5.7 | 27.6% | |
| Germany | 4.0 | 3.2 | 5.3 | 15.1% | |
| Italy | 3.2 | 3.8 | 4.5 | 18.6% | |
| Slovenia | 1.8 | 2.2 | 3.0 | 29.1% | |
| Hungary | 3.0 | 2.6 | 2.8 | -3.4% | |
| Bosnia and Herzegovina | 2.2 | 2.4 | 2.3 | 2.2% | |
| Portugal | N/A | N/A | 1.9 | 0% | |
| Spain | 1.2 | 1.1 | 1.6 | 15.5% | |
| Denmark | 1.4 | 1.5 | 1.4 | 0.0% | |
| Others | 4.7 | 5.6 | 7.7 | 28.0% | |
| Total | 63.8 | 65.1 | 89.2 | 18.2% | |
Top Export Markets for Iron or Steel Wire Product from Croatia in 2022:
- France (9.5K tons)
- Poland (8.1K tons)
- Romania (4.7K tons)
- Belgium (3.9K tons)
- Germany (2.0K tons)
- Italy (1.8K tons)
- Austria (1.7K tons)
- Hungary (1.4K tons)
- Bosnia and Herzegovina (1.1K tons)
- Portugal (0.9K tons)
- Denmark (0.9K tons)
- Slovenia (0.7K tons)
- Spain (0.7K tons)
Imports of Iron or Steel Wire Product in Croatia
In 2022, overseas purchases of iron or steel wire products decreased by -2.2% to 2.2K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 2.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, iron or steel wire product imports rose remarkably to $7.2M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Iron or Steel Wire Product in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 1,167 | 1,945 | 1,821 | 24.9% | |
| Italy | 1,267 | 777 | 878 | -16.8% | |
| Serbia | 219 | 313 | 688 | 77.2% | |
| Czech Republic | 352 | 181 | 444 | 12.3% | |
| China | 335 | 318 | 406 | 10.1% | |
| Slovakia | 270 | 201 | 340 | 12.2% | |
| Poland | 544 | 274 | 333 | -21.8% | |
| Bulgaria | 7.0 | 299 | 304 | 559.0% | |
| Slovenia | 200 | 253 | 294 | 21.2% | |
| Romania | 97.2 | 159 | 170 | 32.2% | |
| Denmark | 94.7 | 255 | 155 | 27.9% | |
| Austria | 198 | 93.8 | 121 | -21.8% | |
| Turkey | 270 | 264 | 59.5 | -53.1% | |
| Others | 452 | 482 | 455 | 0.3% | |
| Total | 5,474 | 5,815 | 6,469 | 8.7% | |
Top Suppliers of Iron or Steel Wire Product to Croatia in 2022:
- Serbia (462.7 tons)
- Germany (447.0 tons)
- Italy (202.3 tons)
- Czech Republic (181.8 tons)
- Slovakia (173.4 tons)
- Poland (170.3 tons)
- Romania (138.7 tons)
- Bulgaria (133.7 tons)
- China (131.5 tons)
- Denmark (63.4 tons)
- Slovenia (51.5 tons)
- Austria (31.7 tons)
- Turkey (29.0 tons)
This report provides an in-depth analysis of the market for iron or steel wire product in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992925 - Finished products of iron/steel wire, snares, traps, etc., fodder ties, animal nose rings, mattress hooks, butchers
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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