Welded circular-section stainless steel tubes, pipes and hollow profiles market in Croatia

Earlier Report Observations

The market volume for welded circular-section stainless steel tubes in Croatia declined steadily over the 2018–2024 period, falling from 4 803 tonnes in 2018 to 2 157 tonnes in 2024. The most significant drops occurred in 2020, 2021, and 2023, each with reductions exceeding 15% year-on-year, while 2022 saw a more moderate 4.7% decrease.

In value terms, the market displayed a distinct pattern: after contracting to 9.2 million US dollars in 2020, it rebounded to over 12.3 million US dollars by 2022, before falling sharply to 7.3 million US dollars in 2024. The 2021–2022 value peak coincided with globally influenced steel and raw material prices, which raised pipe costs despite shrinking physical consumption. By 2024, market value dropped 28.9%, reflecting both lower volumes and pressure from international commodity markets.

Production welded circular stainless pipes in Croatia

In value, 2017-2020, K $ US

Market behavior showed significant volatility during this period. The lowest {context} {volume} was recorded in 2017, while the highest occurred in 2018, representing a peak-to-trough ratio of {ampRatio} times. In 2020, the output of welded circular-section stainless steel tubes, pipes, and hollow profiles in Croatia was valued at 1 843 K $ US, marking a 25.5% decrease compared to the previous year.

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

In kind, 2017-2020, t

The market displayed an unstable trend over these years. Production reached its lowest point in 2017 and peaked in 2018, with a variation of {ampRatio} times between these extremes. In 2020, Croatia produced 1 914 t of welded circular-section stainless steel tubes, pipes, and hollow profiles, showing a sharp decline of 25.8% from the year before.

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

Exports welded circular stainless pipes from Croatia

Exports in kind, t

Market behavior was characterized by volatility during this timeframe. The lowest {context} {volume} was recorded in 2018, while the highest occurred in 2020, with a peak-to-trough ratio of 2.7 times. In 2020, Croatia's cross-border shipments of welded circular-section stainless steel tubes, pipes, and hollow profiles amounted to 229 t, reflecting a significant uptick of 95.7% year-over-year. The minimum value was 85 t in 2018, which also saw the largest decline of 54.9%.

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

From 2017 to 2020, Bosnia and Herzegovina (30.4% of exports in kind), Germany (17.7% of exports in kind), and Russia (13.1% of exports in kind) led the structure of exports in kind, collectively representing 61.2% of total 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

Market behavior exhibited volatility over these years. The span from 2018 to 2020 showed a peak-to-trough amplitude of 2.7 times. In 2020, Croatia's export volume of welded circular-section stainless steel tubes, pipes, and hollow profiles reached 1 451 K $ US, corresponding to a dramatic rise of 120.1% compared to the previous year. The minimum value was recorded in 2018 at 547 K $ US, which also experienced the largest decline of 37.1%.

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

Between 2017 and 2020, Bosnia and Herzegovina (22.9% of exports in value terms), Russia (22.8% of exports in value terms), and Germany (17.9% of exports in value terms) were the main buyers of welded circular-section stainless steel tubes, pipes, and hollow profiles from Croatia, together comprising 63.6% of total exports in value terms.

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

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

Imports welded circular stainless pipes to Croatia

Imports in kind, t

Cross-border shipments of welded circular-section stainless steel tubes, pipes, and hollow profiles to Croatia increased for the third consecutive year. In 2020, Croatia imported {value_last_year} t of these products, equivalent to a moderate rise of 3.5% from 2019. Over the period from 2017 to 2020, imports grew by 6.4%, with a compound annual growth rate (CAGR) of 2.1%.

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

From 2017 to 2020, Italy (51.8% of imports in kind), Germany (15.7% of imports in kind), and Slovenia (10.4% of imports in kind) were the principal sources for imports in kind, jointly accounting for 77.8% of total 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

The volume of welded circular-section stainless steel tubes, pipes, and hollow profiles imported by Croatia declined for the third consecutive year. In 2020, imports were recorded at 8 790 K $ US, which is 1.5% smaller year-over-year. Between 2017 and 2020, imports decreased by 15.7%, equating to an annualized rate of 5.5%.

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

From 2017 to 2020, three principal markets — Italy, Germany, and Slovenia — together accounted for 78.4% of total imports in value terms of welded circular-section stainless steel tubes, pipes, and hollow profiles to Croatia.

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

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