Helical springs market in Croatia

Earlier Report Observations

The Croatian market for helical springs, measured in physical volume, expanded significantly from 1 546 tons in 2018 to 2 918 tons in 2024, an overall increase of 89%. This growth was marked by two pronounced surges: a 41% rise to 2 323 tons in 2022 and a further 31% increase to 2 918 tons in 2024. The period also saw a temporary contraction in 2020 and a slight dip in 2023, indicating a dynamic rather than linear expansion.

In value terms, the market grew from $8.7 million to $13.5 million over the same period. The divergence between volume and value trends, such as the value decrease in 2019 amidst volume growth, points to changing unit prices or product composition. The increase in market size was supported by rising domestic production, which climbed from 1 244 tons to 1 841 tons, and a near-doubling of imports from 1 211 tons to 2 122 tons by 2024.

Production helical springs in Croatia

In value, 2017-2020, K $ US

In 2020, Croatia's output of helical springs was valued at 9 038 thousand US dollars, marking an 11.0% increase from 2019. Production grew by 18.8% between 2017 and 2020, which translates to an annualized growth rate of 5.9%. The largest decline occurred in 2019, when production fell by 2.7%.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

In kind, 2017-2020, t

Croatia's production volume of helical springs increased for the second consecutive year. In 2020, the country produced 1 700 tonnes of helical springs, representing a strong 13.3% improvement compared to the previous year. Between 2017 and 2020, production rose by 16.5%, equating to an annualized growth rate of 5.2%. The lowest volume was recorded in 2018 at 1 244 tonnes, which also saw the largest decline of 14.7%. In contrast, the largest increase occurred in 2019, with production jumping by 20.6%.

Annual dynamics of production in Croatia in kind, 2017-2020, t

Exports helical springs from Croatia

Exports in kind, t

Croatia's export volumes of helical springs increased for the third consecutive year. In 2020, the country exported 1 012 tonnes of helical springs, which is 3.2% more than the previous year. Between 2017 and 2020, exports grew by 25.6%, corresponding to an annualized growth rate of 7.9%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, t

From 2017 to 2020, Slovenia, Germany, and Austria formed the core group of markets for Croatia's exports of helical springs in volume terms. Slovenia accounted for 26.1% of exports, Germany for 23.6%, and Austria for 15.7%. Together, these three countries represented 65.4% of total export 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

Croatia's exports of helical springs in value terms increased for the third consecutive year. In 2020, exports reached 4 519 thousand US dollars, up by 2.2% compared to the previous year. Over the period from 2017 to 2020, exports grew by 41%, with a compound annual growth rate of 12.1%.

Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US

From 2017 to 2020, Slovenia, Germany, and Austria were the primary buyers of helical springs from Croatia in value terms. Slovenia accounted for 34.3% of exports, Germany for 19.4%, and Austria for 18.4%. Collectively, these three markets made up 72.1% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Croatia in value, 2017-2020

Imports helical springs to Croatia

Imports in kind, t

Croatia's import volumes of helical springs declined for the second consecutive year. In 2020, imports stood at 933 tonnes, amounting to a 22.7% contraction compared to the previous year. Over the period from 2017 to 2020, imports decreased by 15.3%, with a compound annual growth rate of -5.4%. The highest volume was recorded in 2018 at 1 211 tonnes, which also saw the largest increase of 9.9%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, t

From 2017 to 2020, Germany, Poland, and China were the largest contributors to Croatia's imports of helical springs in volume terms. Germany accounted for 30.2% of imports, Poland for 28.2%, and China for 13.6%. Together, these three countries represented 72.0% of total import flows.

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

After rising for two years, Croatia's imports of helical springs in value terms declined. In 2020, imports reached 3 842 thousand US dollars, corresponding to a significant 11.2% reduction versus the previous year. Over the period from 2017 to 2020, imports increased by 13.2%, with a compound annual growth rate of 4.2%. The highest value was recorded in 2019 at 4 328 thousand US dollars, while the largest increase occurred in 2018, with imports jumping by 26.7%.

Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US

Throughout 2017 to 2020, Germany, Poland, and Slovenia were the three largest markets for Croatia's imports of helical springs in value terms, together accounting for 69.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Croatia in value, 2017-2020