Threaded screw hooks and rings market in Croatia

Earlier Report Observations

The market for iron or steel threaded screw hooks and rings in Croatia from 2018 to 2024 showed a significant decline in physical terms, with market volume falling from 269.8 t to 155.9 t. However, in value terms, the market demonstrated growth after 2022, reaching 1,225.9 thousand US dollars in 2024, indicating a change in price dynamics or product structure.

Domestic production fell from 179.2 t in 2018 to 71.6 t in 2024, and imports also decreased in physical terms, although they grew in value. Increased exports until 2023 reduced the available domestic volume, contributing to the decrease in the physical market size.

In 2024, Croatian authorities introduced changes to public administration and labor legislation, and the competition agency strengthened market supervision. Additionally, the country began preparations for the implementation of the EU Construction Products Regulation, scheduled for 2026, which applies to construction products including metal fasteners.

Production threaded screw hooks and rings in Croatia

In value, 2017-2020, K $ US

Croatia's production of threaded screw hooks and rings rebounded after two years of decline. In 2019, output hit its lowest point at 399.2 thousand US dollars, but then surged by 17.5% in 2020 to reach 469.1 thousand US dollars. Over the period from 2017 to 2020, production fell by 14%, averaging an annual decline of 4.9%. The sharpest drop occurred in 2019, when production decreased by 25.3%.

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

In kind, 2017-2020, t

After two years of contraction, Croatia's production of threaded screw hooks and rings in physical terms showed a recovery. Output reached its lowest level in 2019 at 117.1 tonnes, but then climbed by 21.5% in 2020 to 142.3 tonnes. From 2017 to 2020, production declined by 29.5%, which translates to an average annual decrease of 11.0%. The most significant reduction was recorded in 2019, with a 34.6% drop.

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

Exports threaded screw hooks and rings from Croatia

Exports in kind, kg

Export volumes of threaded screw hooks and rings from Croatia experienced notable fluctuations during this period. In 2019, exports hit their lowest point at 4 234 kg, but then jumped by 130.2% in 2020 to 9 748 kg. The difference between the peak in 2020 and the trough in 2019 was 2.3-fold. The largest decline occurred in 2019, when exports fell by 51.7%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, kg

Between 2017 and 2020, three key markets—Bosnia and Herzegovina, Austria, and Slovenia—collectively accounted for 67.5% of Croatia's total exports of threaded screw hooks and rings in physical terms.

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 threaded screw hooks and rings showed an unstable trend over these years. In 2020, exports amounted to 44.6 thousand US dollars, marking a 10.3% increase compared to the previous year. The highest value was recorded in 2018 at 59.6 thousand US dollars, with exports surging by 121.9% that year. However, exports then dropped by 32.2% in 2019. Overall, from 2017 to 2018, exports varied by 2.2 times between peak and trough levels.

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

From 2017 to 2020, three principal markets—Germany, Bosnia and Herzegovina, and Austria—together represented 70.6% of the total export value of threaded screw hooks and rings from Croatia.

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

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

Imports threaded screw hooks and rings to Croatia

Imports in kind, kg

Croatia's imports of threaded screw hooks and rings in physical terms declined for the second consecutive year. In 2020, imports stood at 79 012 kg, down 7.5% from the previous year. The highest import volume was recorded in 2018 at 99 358 kg, reflecting a 17.4% increase that year. Imports then fell by 14.0% in 2019. Over the period from 2017 to 2020, imports decreased by 6.7%, averaging an annual decline of 2.3%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, kg

Between 2017 and 2020, Germany (44.3% of imports in kind), China (14.4%), and Italy (10.1%) were the main sources for Croatia's imports of threaded screw hooks and rings in physical terms, together accounting for 68.9% 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 threaded screw hooks and rings fell for the second year in a row. In 2020, imports totaled 726.8 thousand US dollars, representing a substantial decline of 15.7% year-over-year. The peak was reached in 2018 at 726.8 thousand US dollars, with imports rising by 36.2% that year. Over the full period from 2017 to 2020, imports increased by 4.7%, averaging an annual growth rate of 1.5%.

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

During 2017–2020, three major markets—Germany, Slovenia, and Italy—collectively absorbed 72.4% of the total import value of threaded screw hooks and rings into Croatia.

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

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