Price for Chain; Articulated Link, Roller, of Iron or Steel in Croatia - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Croatia (CIF) - 2023
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Croatia (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Croatia
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Croatia

Price for Chain; Articulated Link, Roller, of Iron or Steel in Croatia (CIF) - 2023

In October 2023, the average import price for chain; articulated link, roller, of iron or steel amounted to $24,187 per ton, growing by 45% against the previous month. Over the period under review, the import price saw a buoyant increase. The growth pace was the most rapid in May 2023 an increase of 99% m-o-m. As a result, import price attained the peak level of $30,134 per ton. From June 2023 to October 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($48,223 per ton), while the price for China ($6,080 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Croatia (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $34,400 per ton, with an increase of 32% against the previous year. Overall, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 166%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($72,037 per ton), while the average price for exports to Bosnia and Herzegovina ($12,881 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+97.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Croatia

Imports of chain; articulated link, roller, of iron or steel into Croatia rose notably to 300 tons in 2022, with an increase of 5.6% on the previous year. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of chain; articulated link, roller, of iron or steel rose markedly to $3.3M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Croatia in 2022:

1. Germany (70.1 tons)
2. Netherlands (68.1 tons)
3. Italy (37.4 tons)
4. Slovenia (29.4 tons)
5. Belgium (25.7 tons)
6. Sweden (21.8 tons)
7. Poland (17.2 tons)
8. Austria (6.7 tons)
9. Czech Republic (6.2 tons)
10. China (6.0 tons)
11. United Kingdom (0.1 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Croatia

In 2022, shipments abroad of chain; articulated link, roller, of iron or steel decreased by -10.6% to 14 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of chain; articulated link, roller, of iron or steel surged to $489K in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Croatia in 2022:

1. Bosnia and Herzegovina (6.1 tons)
2. Slovenia (2.7 tons)
3. Serbia (1.1 tons)
4. Hungary (0.8 tons)
5. Germany (0.7 tons)
6. Slovakia (0.6 tons)
7. Poland (0.4 tons)
8. Austria (0.4 tons)
9. North Macedonia (0.3 tons)
10. Montenegro (0.2 tons)

Source: IndexBox Market Intelligence Platform