Iron or steel threaded fasteners market in Croatia

Earlier Report Observations

The market for iron or steel threaded fasteners in Croatia demonstrated substantial growth from 2018 to 2024, with its value rising from 31 million USD to 49 million USD. This overall increase occurred alongside significant annual fluctuations, reflecting a volatile market environment.

After climbing to 45 million USD in 2020, the market contracted to 31 million USD in 2021. It then rebounded vigorously, reaching a peak of 58 million USD in 2023 before moderating to 49 million USD in 2024.

Production iron or steel threaded fasteners in Croatia

In value, 2017-2020, K $ US

In 2020, Croatia's production of iron or steel threaded fasteners was valued at 28,523 thousand US dollars, marking a sharp increase of 25.6% compared to the previous year. Over the period from 2017 to 2020, production grew by 20.4%, which translates to an annualized growth rate of 6.4%. The lowest production value was recorded in 2019 at 22,705 thousand US dollars, with the largest decline of 17.9% also occurring in that year.

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

In kind, 2017-2020, t

Following a two-year decline, Croatia's production of iron or steel threaded fasteners rebounded. In 2020, the country produced 14,581 tonnes, reflecting a strong year-on-year increase of 13.0%. However, from 2017 to 2020, overall production decreased by 13.2%, equivalent to an annualized decline of 4.6%. The lowest output was recorded in 2019 at 12,907 tonnes, with the largest drop of 14.2% also in that year.

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

Exports iron or steel threaded fasteners from Croatia

Exports in kind, t

After two consecutive years of decline, Croatia's exports of iron or steel threaded fasteners increased. In 2020, exports reached 11,841 tonnes, up by 8.6% from 2019. Over the 2017-2020 period, exports fell by 38.6%, with a compound annual growth rate (CAGR) of -15.0%. The lowest export volume was recorded in 2019 at 10,901 tonnes, with the largest decline of 34.1% also occurring in that year.

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

From 2017 to 2020, Croatia's exports of iron or steel threaded fasteners were distributed across multiple countries without a clear dominant partner. Italy accounted for 23.7% of exports in kind, Germany for 13.7%, and Czechia for 8.0%. Together, these three countries represented 45.4% of total export flows, indicating a relatively scattered market structure.

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 iron or steel threaded fasteners declined for the second consecutive year. In 2020, exports amounted to 24,310 thousand US dollars, a moderate decrease of 4.6% compared to the previous year. Between 2017 and 2020, exports dropped by 27.3%, equating to an annualized decline of 10.1%. The highest export value was recorded in 2018 at 35,328 thousand US dollars, with the largest decline of 27.8% in 2019 and the largest increase of 5.7% in 2018.

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

From 2017 to 2020, Germany, Italy, and Slovenia were the largest buyers of iron or steel threaded fasteners from Croatia in value terms. Germany accounted for 19.9% of exports, Italy for 18.6%, and Slovenia for 7.0%. Their combined share was 45.5% of total export value, reflecting a diversified country structure without a single dominant market.

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

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

Imports iron or steel threaded fasteners to Croatia

Imports in kind, t

Croatia's imports of iron or steel threaded fasteners increased for the third consecutive year. In 2020, imports totaled 13,745 tonnes, a significant rise of 39.4% compared to the previous year. Over the 2017-2020 period, imports grew by 50.9%, with a compound annual growth rate (CAGR) of 14.7%.

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

Throughout 2017 to 2020, Germany, China, and Italy were the key suppliers of iron or steel threaded fasteners to Croatia in kind. Germany accounted for 30.3% of imports, China for 25.4%, and Italy for 7.8%. Together, these three countries represented 63.5% 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

In 2020, Croatia's imports of iron or steel threaded fasteners amounted to 40,501 thousand US dollars, up by 9.4% compared to the previous year. Between 2017 and 2020, imports increased by 24.1%, equating to an annualized growth rate of 7.5%. The largest decline was recorded in 2019 at 4.2%, while the largest increase occurred in 2018 at 18.5%.

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

From 2017 to 2020, Germany, Austria, and Italy remained the principal suppliers of iron or steel threaded fasteners to Croatia in value terms. Germany accounted for 36.2% of imports, Austria for 12.1%, and Italy for 11.4%. Jointly, these three countries represented 59.7% of total import value.

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

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