Market research

Iron or steel chain market in Croatia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

The market for iron or steel chain in Croatia, measured in US dollar value, showed a volatile trajectory from 2018 to 2024. It began at USD 6.9 million in 2018, then contracted over the next two years, hitting a low of USD 6.1 million in 2020.

A sustained recovery phase started in 2021, driving the market value to USD 6.9 million that year. This was followed by robust growth in 2022 and 2023, with the market reaching USD 8.9 million and then a peak of USD 9.6 million. The period concluded with a modest adjustment to USD 9.2 million in 2024.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Croatia
  1. 5.1.1. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production iron or steel chain in Croatia

In value, 2017-2020, K $ US

After two consecutive years of decline, iron and steel chain production in Croatia rebounded. In 2020, output reached 456.4 thousand US dollars, marking a significant 35.4% increase compared to 2019. However, looking at the broader period from 2017 to 2020, production actually fell by 50.8%, which translates to an average annual decline of 21.0%. The lowest point was recorded in 2019 at 337.1 thousand US dollars, with the steepest drop of 55.3% occurring that same year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(18.7%)	(55.3%)	35.4%	(21.0%)

Source: SHEV.io

Exports iron or steel chain from Croatia

Exports in kind, t

Following a two-year downward trend, iron and steel chain exports from Croatia showed signs of recovery. In 2020, shipments totaled 276 tonnes, reflecting a modest 6.5% rise from the previous year. Over the 2017-2020 period, however, exports decreased by 35.5%, averaging an annual decline of 13.6%. The lowest volume was recorded in 2019 at 259 tonnes, when exports saw their largest drop of 25.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(18.4%)	(25.8%)	6.5%	(13.6%)

Source: SHEV.io

From 2017 to 2020, Serbia, Bosnia and Herzegovina, and Slovenia were the top destinations for Croatia's iron and steel chain exports by volume. Serbia accounted for 31.3% of total exports, Bosnia and Herzegovina for 21.8%, and Slovenia for 13.7%. Together, these three countries represented 66.8% of Croatia's export volume in this category.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, the value of iron and steel chain exports from Croatia surged to 1 351 thousand US dollars, a sharp 27.7% increase compared to 2019. The lowest value was recorded in 2019 at 1 058 thousand US dollars, while the peak occurred in 2018 at 1 391 thousand US dollars. The most significant decline took place in 2019, with a drop of 24.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.1%	(24.0%)	27.7%	0.7%

Source: SHEV.io

Between 2017 and 2020, Bosnia and Herzegovina, Serbia, and Slovenia were the leading markets for Croatia's iron and steel chain exports by value. Bosnia and Herzegovina accounted for 22.1% of total export value, Serbia for 20.0%, and Slovenia for 18.8%. Collectively, these three countries made up 60.9% of Croatia's export earnings in this sector.

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

Source: SHEV.io

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

Source: SHEV.io

Imports iron or steel chain to Croatia

Imports in kind, t

After two years of growth, iron and steel chain imports into Croatia declined. In 2020, imports totaled 1 667 tonnes, representing a 20.5% decrease from 2019. Over the 2017-2020 period, imports increased by 5.3%, with an average annual growth rate of 1.7%. The highest volume was recorded in 2019 at 2 098 tonnes, while the largest increase of 31.8% occurred in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	31.8%	0.5%	(20.5%)	1.7%

Source: SHEV.io

From 2017 to 2020, China, Italy, and Germany were the primary sources of iron and steel chain imports into Croatia by volume. Together, these three countries supplied 70.4% of Croatia's total import volume in this category.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Croatia's iron and steel chain imports declined for the second year in a row. In 2020, imports were valued at 6 947 thousand US dollars, showing a slight decrease of 7.4% compared to the previous year. Over the 2017-2020 period, imports increased by 21.4%, with an average annual growth rate of 6.7%. The peak value was recorded in 2018 at 7 559 thousand US dollars, when imports saw their largest increase of 32.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	32.1%	(0.7%)	(7.4%)	6.7%

Source: SHEV.io

Between 2017 and 2020, Germany, China, and Italy were the main suppliers of iron and steel chain to Croatia by value. Germany accounted for 22.3% of total import value, China for 18.7%, and Italy for 12.3%. Combined, these three countries represented 53.3% of Croatia's import spending in this sector.

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

Source: SHEV.io

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

Source: SHEV.io