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Iron & Steel Manufacturing in Croatia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

HR-C241 August 2024 Factsheet

Revenue

€29.0m

2019-2024 29.8 %
2024-2029 X.X %

Employees

514

2019-2024 5.4 %
2024-2029 X.X %

Businesses

34

2019-2024 4.1 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 XX.X %
2024-2029 X.X %

Iron & Steel Manufacturing in Croatia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Croatia compared to Europe?

Country Benchmarking

Industry Data Croatia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#32 In Europe
Business
#23 In Europe
Employees
#29 In Europe
Wages
#31 In Europe

The Iron & Steel Manufacturing in Croatia ranks 32nd in Europe with regards to its 2024 revenue (€29.0m). Revenue received by operators in Croatia has been very high in volatility over the past five-year period, with the average annual change in revenue (29.8 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Iron & Steel Manufacturing industry in Croatia in 2024?

The market size of the Iron & Steel Manufacturing industry in Croatia is €29.0m in 2024.

How many businesses are there in the Iron & Steel Manufacturing in Croatia industry in 2024?

There are 34 businesses in the Iron & Steel Manufacturing industry in Croatia, which has declined at a CAGR of 4.1 % between 2019 and 2024.

Has the Iron & Steel Manufacturing industry in Croatia grown or declined over the past 5 years?

The market size of the Iron & Steel Manufacturing industry in Croatia has been growing at a CAGR of 29.8 % between 2019 and 2024.

What is the forecast growth of the Iron & Steel Manufacturing industry in Croatia over the next 5 years?

Over the next five years, the Iron & Steel Manufacturing industry in Croatia is expected to decline.

What does the Iron & Steel Manufacturing in Croatia include?

Flat products and Bar steel are part of the Iron & Steel Manufacturing industry.

How competitive is the Iron & Steel Manufacturing industry in Croatia?

The level of competition is moderate and steady in the Iron & Steel Manufacturing industry in Croatia.

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Table of Contents

About this industry

Industry definition

Companies in this industry produce iron and steel in blast furnaces or reprocess steel in electric arc furnaces. Iron and steel manufacturers convert pig iron, also known as crude iron, into steel and produce ferroalloys and steel products from it. They mainly produce hot- and cold-rolled flat products that are then processed by other manufacturers.

What's included in this industry?

Flat products Bar steel Iron and steel ingots Other products

Industry Code

ISIC 2006

241 - Manufacture of basic iron and steel in Croatia

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Iron & Steel Manufacturing in Croatia
  • Employees in the Iron & Steel Manufacturing in Croatia
  • Business in the Iron & Steel Manufacturing in Croatia
  • Profit in the Iron & Steel Manufacturing in Croatia

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Regulation pushes towards a greener steel industry in Europe. Government regulations and policy initiatives are steering Europe’s steel industry towards more sustainable and environmentally friendly practices. Both legislative mandates and incentives are driving this shift.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Iron & Steel Manufacturing in Croatia industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Profit loss is mainly due to high utility prices. Following the Russian invasion of Ukraine in 2022, high gas and electricity prices and a rise in global steel production have caused significant losses for European manufacturers.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Iron & Steel Manufacturing in Croatia industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

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