Seamless iron or steel tubes, pipes and hollow profiles market in Croatia

Earlier Report Observations

From 2018 to 2020, the market for seamless steel tubes and pipes in Croatia saw a notable contraction, with physical volume falling from 26 219 t to 18 117 t and market value dropping from $41.7 million to $25.0 million.

A sharp recovery occurred in 2021, with market volume rising to 25 324 t and value jumping to $41.2 million, driven by global supply chain disruptions and raw material price volatility that pushed import costs up by 41%. This trend culminated in 2022 when the market's value reached a peak of $46.4 million, even as volume declined to 20 693 t, as import prices hit $1 691 per ton due to elevated raw material and energy costs.

Subsequently, the market entered a slowdown phase from 2023. Consumption and import prices retreated from their peaks, leading to a decline in physical volume to 16 654 t and a market value of $36.8 million by 2024, reflecting eased cost pressures and lower demand.

Production seamless tubes and pipes of iron or steel in Croatia

In value, 2017-2020, K $ US

Croatia's production of seamless iron or steel tubes, pipes and hollow profiles declined for the second consecutive year. In 2020, output was valued at 5 253 K $ US, marking a 10.0% decrease from the previous year. Production fell by 8% between 2017 and 2020, averaging an annual decline of 2.7%. The peak value was recorded in 2018 at 6 008 K $ US, which also saw the largest annual increase of 5.2%.

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

In kind, 2017-2020, t

Croatia's production of seamless iron or steel tubes, pipes and hollow profiles declined for the third consecutive year. In 2020, output totaled 3 687 t, representing a sharp 29.4% drop compared to 2019. Over the 2017-2020 period, production decreased by 43.8%, with a compound annual growth rate of -17.5%.

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

Exports seamless tubes and pipes of iron or steel from Croatia

Exports in kind, t

Exports of seamless iron or steel tubes, pipes and hollow profiles from Croatia showed significant fluctuations during the period. The lowest volume was recorded in 2017, while the highest was in 2018, creating a 5.5-fold difference between these years. In 2020, Croatia exported 5 849 t, which was a substantial 23.5% decrease from the previous year. The peak volume of 10 917 t was reached in 2018, which also saw the largest annual increase of 447.3%. The most significant decline occurred in 2019 with a 30.0% drop.

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

From 2017 to 2020, Germany, Italy, and Bosnia and Herzegovina were the leading destinations for Croatia's exports of seamless iron or steel tubes, pipes and hollow profiles. Germany accounted for 48.2% of exports in kind, Italy for 17.2%, and Bosnia and Herzegovina for 12.8%. Together, these three countries represented 78.2% 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 export value of seamless iron or steel tubes, pipes and hollow profiles experienced notable volatility. The lowest value was recorded in 2017, while the peak occurred in 2018, resulting in a 6.8-fold difference between these years. In 2020, exports reached 9 982 K $ US, representing a 29.1% decrease from 2019. The maximum value of 17 940 K $ US was achieved in 2018, which also saw the largest annual increase of 579.7%.

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

Between 2017 and 2020, Germany, Italy, and Bosnia and Herzegovina formed the core markets for Croatia's exports of seamless iron or steel tubes, pipes and hollow profiles in value terms. Germany accounted for 51.5% of export value, Italy for 16.4%, and Bosnia and Herzegovina for 9.9%. Collectively, these three countries represented 77.8% 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 seamless tubes and pipes of iron or steel to Croatia

Imports in kind, t

Croatia's imports of seamless iron or steel tubes, pipes and hollow profiles declined for the second consecutive year. In 2020, imports totaled 20 280 t, marking a 28.8% decrease from 2019. Over the 2017-2020 period, imports fell by 28.3%, with a compound annual growth rate of -10.5%. The peak volume of 31 497 t was recorded in 2018, which also saw the largest annual increase of 11.4%.

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

From 2017 to 2020, Germany, Slovakia, and Austria were the key partners for Croatia's imports of seamless iron or steel tubes, pipes and hollow profiles in kind. Germany accounted for 25.9% of imports, Slovakia for 20.6%, and Austria for 10.6%. Together, these three countries represented 57.1% 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

Croatia's import value of seamless iron or steel tubes, pipes and hollow profiles declined for the second consecutive year. In 2020, imports were valued at 9 982 K $ US, equivalent to an abrupt 31.9% fall compared to the previous year. Between 2017 and 2020, import value decreased by 20.9%, averaging an annual decline of 7.5%. The maximum value of 53 671 K $ US was recorded in 2018, which also saw the largest annual increase of 42.9%.

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

Throughout 2017-2020, Germany, Slovakia, and Austria remained the key sources for Croatia's imports of seamless iron or steel tubes, pipes and hollow profiles in value terms. Germany accounted for 30.1% of import value, Slovakia for 15.0%, and Austria for 14.1%. Collectively, these three countries represented 59.2% 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