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Croatia - Hot-Rolled Wire Rods in Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Wire Rod in Coils in Croatia - 2023
Contents:
- Price for Hot-Rolled Wire Rod in Coils in Croatia (CIF) - 2023
- Price for Hot-Rolled Wire Rod in Coils in Croatia (FOB) - 2023
- Imports of Hot-Rolled Wire Rod in Coils in Croatia
- Exports of Hot-Rolled Wire Rod in Coils in Croatia
Price for Hot-Rolled Wire Rod in Coils in Croatia (CIF) - 2023
In December 2023, the average import price for hot-rolled wire rods in coils amounted to $708 per ton, rising by 2.4% against the previous month. Overall, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 6.6% against the previous month. As a result, import price attained the peak level of $809 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Poland ($888 per ton) and the Czech Republic ($786 per ton), while the price for Austria ($687 per ton) and Italy ($694 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+4.7%), while the prices for the other major suppliers experienced a decline.
Price for Hot-Rolled Wire Rod in Coils in Croatia (FOB) - 2023
In December 2023, the average export price for hot-rolled wire rods in coils amounted to $745 per ton, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 31% m-o-m. As a result, the export price attained the peak level of $1,197 per ton. From March 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Italy ($1,393 per ton), while the average price for exports to Slovenia ($686 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (0.0%), while the prices for the other major destinations experienced a decline.
Imports of Hot-Rolled Wire Rod in Coils in Croatia
Hot-rolled wire rod in coils imports into Croatia dropped rapidly to 98K tons in 2022, which is down by -15.8% against 2021 figures. Overall, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports attained the peak of 117K tons, and then declined sharply in the following year.
In value terms, hot-rolled wire rod in coils imports shrank modestly to $93M in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. As a result, imports reached the peak of $98M, and then reduced slightly in the following year.
Import of Hot-Rolled Wire Rod in Coils in Croatia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 24.8 | 20.4 | 45.1 | 61.2 | 35.1% |
Germany | 14.3 | 12.3 | 19.3 | 8.9 | -14.6% |
Czech Republic | 10.2 | 10.3 | 13.7 | 6.4 | -14.4% |
Austria | 4.5 | 4.3 | 7.8 | 5.6 | 7.6% |
Bosnia and Herzegovina | 3.1 | 3.7 | 7.5 | 5.6 | 21.8% |
Poland | 0.9 | 1.5 | 3.7 | 3.2 | 52.6% |
Others | 0.9 | 1.3 | 0.9 | 2.4 | 38.7% |
Total | 58.7 | 53.8 | 98.0 | 93.3 | 16.7% |
Top Suppliers of Hot-Rolled Wire Rod in Coils to Croatia in 2022:
- Italy (65.1K tons)
- Germany (8.4K tons)
- Bosnia and Herzegovina (6.9K tons)
- Czech Republic (6.3K tons)
- Austria (5.9K tons)
- Poland (3.3K tons)
Exports of Hot-Rolled Wire Rod in Coils in Croatia
In 2022, approx. 1.7K tons of hot-rolled wire rods in coils were exported from Croatia; shrinking by -2.3% on 2021 figures. Overall, exports faced a abrupt contraction.
In value terms, hot-rolled wire rod in coils exports rose significantly to $1.7M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 37%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
Export of Hot-Rolled Wire Rod in Coils in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 633 | 244 | 899 | 680 | 2.4% |
Slovenia | 89.8 | 275 | 469 | 497 | 76.9% |
Austria | 11.8 | 2.8 | 101 | 311 | 197.6% |
Czech Republic | N/A | N/A | N/A | 191 | 0% |
Italy | N/A | 218 | N/A | 70.5 | -43.1% |
Serbia | 546 | 312 | 20.3 | N/A | -80.7% |
Poland | 426 | 103 | N/A | N/A | -75.8% |
Others | 0.1 | 19.6 | 125 | 0.1 | 0.0% |
Total | 1,707 | 1,174 | 1,614 | 1,749 | 0.8% |
Top Export Markets for Hot-Rolled Wire Rod in Coils from Croatia in 2022:
- Bosnia and Herzegovina (649.0 tons)
- Slovenia (540.0 tons)
- Czech Republic (242.7 tons)
- Austria (237.9 tons)
- Italy (48.9 tons)
This report provides an in-depth analysis of the market for hot-rolled wire rod in coils in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
- Prodcom 24106120 - Wire rod of free-cutting steel
- Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
- Prodcom 24106140 - Wire rod for tyre cord
- Prodcom 24106190 - Other wire rod (of non-alloy steel)
- Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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