Croatia: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Croatia

After four years of growth, the Croatian metal advertising sign market decreased by X% to $X in 2020. Over the period under review, consumption saw a strong expansion. Over the period under review, the market attained the maximum level at $X in 2019, and then contracted modestly in the following year.

Metal Advertising Sign Production in Croatia

In value terms, metal advertising sign production reached $X in 2020 estimated in export price. Overall, production showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2020 and is likely to see gradual growth in the immediate term.

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Metal Advertising Sign Exports

Exports from Croatia

In 2020, after five years of decline, there was significant growth in overseas shipments of metal advertising signs, when their volume increased by X% to X tons. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

In value terms, metal advertising sign exports soared to $X in 2020. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

Exports by Country

Montenegro (X tons), Bosnia and Herzegovina (X tons) and Slovenia (X tons) were the main destinations of metal advertising sign exports from Croatia, with a combined X% share of total exports. Serbia, Austria and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal advertising sign exported from Croatia were Montenegro ($X), Bosnia and Herzegovina ($X) and Austria ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Montenegro, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2019, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Croatia

In 2020, imports of metal advertising signs into Croatia fell remarkably to X tons, shrinking by X% on the previous year. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2020, the growth of imports remained at a lower figure.

In value terms, metal advertising sign imports contracted significantly to $X in 2020. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of metal advertising sign imports to Croatia, together accounting for X% of total imports.

From 2012 to 2020, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of metal advertising signs to Croatia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2020, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Austria (X% per year).

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2020.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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