Price for Safety Pins and Other Pins; of Iron or Steel in Croatia - 2024

Contents:

  1. Price for Safety Pins and Other Pins; of Iron or Steel in Croatia (CIF) - 2022
  2. Price for Safety Pins and Other Pins; of Iron or Steel in Croatia (FOB) - 2022
  3. Imports of Safety Pins and Other Pins; of Iron or Steel in Croatia
  4. Exports of Safety Pins and Other Pins; of Iron or Steel in Croatia

Price for Safety Pins and Other Pins; of Iron or Steel in Croatia (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $19,630 per ton, shrinking by -26.8% against the previous year. Overall, the import price, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 143% against the previous year. As a result, import price attained the peak level of $26,811 per ton, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($74,757 per ton), while the price for Austria ($6,577 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Safety Pins and Other Pins; of Iron or Steel in Croatia (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $28,716 per ton, falling by -19% against the previous year. Overall, the export price, however, saw a notable increase. The most prominent rate of growth was recorded in 2016 an increase of 201%. Over the period under review, the average export prices reached the maximum at $35,466 per ton in 2021, and then declined rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($64,263 per ton), while the average price for exports to Bosnia and Herzegovina ($4,750 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 Romania (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety Pins and Other Pins; of Iron or Steel in Croatia

In 2022, purchases abroad of safety pins and other pins; of iron or steels increased by 143% to 6.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a mild slump.

In value terms, imports of safety pins and other pins; of iron or steels surged to $124K in 2022. In general, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Safety Pins and Other Pins; of Iron or Steel in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.511.936.853.244.9%
SpainN/AN/AN/A27.60%
Italy42.515.123.022.6-19.0%
China11.212.98.413.97.5%
Turkey1.00.6N/A3.653.3%
Austria2.70.4N/A1.5-17.8%
Poland3.23.90.10.1-68.5%
Others4.71.11.41.6-30.2%
Total82.845.969.812414.4%

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Croatia in 2022:

  1. Spain (3128.0 kg)
  2. China (1242.0 kg)
  3. Italy (716.0 kg)
  4. Germany (711.0 kg)
  5. Turkey (231.0 kg)
  6. Austria (227.0 kg)
  7. Poland (18.0 kg)

Exports of Safety Pins and Other Pins; of Iron or Steel in Croatia

For the third year in a row, Croatia recorded decline in overseas shipments of safety pins and other pins; of iron or steels, which decreased by -25.4% to 649 kg in 2022. Over the period under review, exports recorded a dramatic descent.

In value terms, exports of safety pins and other pins; of iron or steels declined remarkably to $19K in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of $31K, and then dropped markedly in the following year.

Export of Safety Pins and Other Pins; of Iron or Steel in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia13.68.19.712.3-3.3%
Italy3.62.718.63.81.8%
Romania1.61.71.01.2-9.1%
Bosnia and Herzegovina11.44.90.20.1-79.4%
Others0.12.21.31.3135.1%
Total30.319.630.918.6-15.0%

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Croatia in 2022:

  1. Serbia (478.0 kg)
  2. Italy (115.0 kg)
  3. Bosnia and Herzegovina (20.0 kg)
  4. Romania (19.0 kg)

Source: IndexBox Market Intelligence Platform

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