Earlier Report Observations
The Croatian market for coated electrodes for arc welding experienced considerable value volatility from 2018 to 2024. After a minor dip to $1.80 million in 2019, market size rose to $1.97 million in 2020.
A pronounced downturn followed, with the market contracting to $1.11 million in 2022 and reaching a low of $0.94 million in 2023. The year 2024 saw a strong recovery, as market value increased by 69% to $1.59 million, supported by record production and export levels.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Croatia
- 5.1.1. In kind, 2018-2024, t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Croatia
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production coated electrodes for arc welding in Croatia
In value, 2017-2020, K $ US
In 2020, Croatia's production of coated electrodes for arc welding was valued at 1 910 thousand US dollars, marking a 22.4% decrease compared to the previous year. Over the period from 2017 to 2020, production fell by 25.1%, which translates to an annualized decline of 9.2%. The most significant growth occurred in 2019, with an increase of 9.0%.
Annual dynamics of production in Croatia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.5%) | 9.0% | (22.4%) | (9.2%) |
In kind, 2017-2020, t
In 2020, Croatia produced 935 tonnes of coated electrodes for arc welding, representing a 40.0% drop from 2019. From 2017 to 2020, production declined by 38.3%, with a compound annual growth rate of -14.9%. The peak production was recorded in 2019 at 1 557 tonnes, which also saw the largest increase of 24.2% during this period.
Annual dynamics of production in Croatia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (17.3%) | 24.2% | (40.0%) | (14.9%) |
Exports coated electrodes for arc welding from Croatia
Exports in kind, t
Following two years of growth, Croatia's export volume of coated electrodes for arc welding decreased in 2020. Exports totaled 814 tonnes, down 43.8% from the previous year. Between 2017 and 2020, exports fell by 24.1%, with a compound annual growth rate of -8.8%. The highest export volume was in 2019 at 1 447 tonnes, which also experienced the largest increase of 26.7%.
Annual dynamics of product's exports from Croatia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.6% | 26.7% | (43.8%) | (8.8%) |
From 2017 to 2020, Croatia's export structure in kind was diversified, with no single country dominating. Bosnia and Herzegovina accounted for 20.6% of exports in kind, Austria for 18.4%, and Egypt for 9.4%, collectively making up 48.4% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Croatia in kind, 2017-2020
Exports in value, K $ US
After a two-year upward trend, Croatia's cross-border shipments of coated electrodes for arc welding in value terms declined in 2020. Exports reached 1 856 thousand US dollars, a 22.4% decrease from the previous year. The peak value was recorded in 2019 at 2 394 thousand US dollars, while the largest increase occurred in 2018 at 24.6%.
Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 24.6% | 3.9% | (22.4%) | 0.2% |
Between 2017 and 2020, Croatia's exports in value terms of coated electrodes for arc welding were not heavily concentrated. Bosnia and Herzegovina represented 23.5% of exports in value terms, Czechia 10.3%, and Austria 9.8%, together accounting for 43.6% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Croatia in value, 2017-2020
Imports coated electrodes for arc welding to Croatia
Imports in kind, t
In 2020, Croatia's imports of coated electrodes for arc welding in kind amounted to 695 tonnes, up 15.9% from 2019. Over the 2017-2020 period, imports grew by 13.2%, with a compound annual growth rate of 4.2%. The lowest import volume was in 2019 at 600 tonnes, which also saw the largest decline of 10.8%.
Annual dynamics of product's imports to Croatia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.5% | (10.8%) | 15.9% | 4.2% |
From 2017 to 2020, Slovenia, Hungary, and Turkey were the primary sources for Croatia's imports in kind of coated electrodes for arc welding. Slovenia accounted for 46.3% of imports in kind, Hungary for 18.3%, and Turkey for 15.8%, together representing 80.4% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Croatia in kind, 2017-2020
Imports in value, K $ US
In 2020, Croatia's import value of coated electrodes for arc welding totaled 1 911 thousand US dollars, a 10.7% increase from the previous year. Between 2017 and 2020, imports rose by 16.9%, equating to an annualized growth rate of 5.3%. The largest decrease was in 2019 at 9.0%, while the largest increase occurred in 2018 at 16.0%.
Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.0% | (9.0%) | 10.7% | 5.3% |
During 2017-2020, Slovenia, Austria, and Hungary were the key markets for Croatia's imports in value terms of coated electrodes for arc welding. Slovenia made up 35.4% of imports in value terms, Austria 18.6%, and Hungary 14.9%, collectively accounting for 68.9% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Croatia in value, 2017-2020
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