Croatia: Aluminium Tube Market 2024

Aluminium Tube Market Size in Croatia

The Croatian aluminium tube market was estimated at $X in 2022, picking up by X% against the previous year. Overall, consumption posted a buoyant increase. Aluminium tube consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Aluminium Tube Production in Croatia

In value terms, aluminium tube production amounted to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Aluminium Tube Exports

Exports from Croatia

In 2022, exports of aluminium tubes and pipes from Croatia skyrocketed to X tons, rising by X% on the year before. Overall, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium tube exports soared to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Switzerland (X tons) was the main destination for aluminium tube exports from Croatia, accounting for a X% share of total exports. Moreover, aluminium tube exports to Switzerland exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Slovenia (X% per year).

In value terms, Switzerland ($X) emerged as the key foreign market for aluminium tubes and pipes exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Switzerland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Slovenia (X% per year).

Export Prices by Country

In 2022, the average aluminium tube export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Tube Imports

Imports into Croatia

Aluminium tube imports into Croatia contracted modestly to X tons in 2022, waning by X% against the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, aluminium tube imports skyrocketed to $X in 2022. Overall, imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Slovakia (X tons) and Serbia (X tons) were the main suppliers of aluminium tube imports to Croatia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), China ($X) and Serbia ($X) were the largest aluminium tube suppliers to Croatia, with a combined X% share of total imports.

In terms of the main suppliers, Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average aluminium tube import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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