Croatia - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Croatia - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and Hoist Price in Croatia - 2023

Contents:

  1. Lift and Hoist Price in Croatia (CIF) - 2023
  2. Lift and Hoist Price in Croatia (FOB) - 2022
  3. Lift and Hoist Imports in Croatia
  4. Lift and Hoist Exports in Croatia

Lift and Hoist Price in Croatia (CIF) - 2023

The average lift and hoist import price stood at $21,709 per unit in July 2023, growing by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in November 2022 when the average import price increased by 18% month-to-month. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($77,211 per unit), while the price for Turkey ($14,885 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Lift and Hoist Price in Croatia (FOB) - 2022

In 2022, the average lift and hoist export price amounted to $17,132 per unit, rising by 11% against the previous year. In general, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2016 an increase of 13% against the previous year. As a result, the export price attained the peak level of $23,518 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Montenegro ($18,466 per unit) and Serbia ($18,052 per unit), while the average price for exports to Romania ($15,588 per unit) and Latvia ($16,551 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+6.5%), while the prices for the other major destinations experienced a decline.

Lift and Hoist Imports in Croatia

In 2022, approx. 1K units of lifts and hoists were imported into Croatia; increasing by 14% on the year before. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lift and hoist imports expanded rapidly to $19M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +45.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Lift and Hoist in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.04.95.57.322.2%
Italy5.44.86.55.2-1.3%
Slovakia1.31.82.73.539.1%
Turkey0.20.30.30.535.7%
Sweden0.10.10.40.571.0%
Serbia0.40.70.70.40.0%
Bosnia and HerzegovinaN/AN/AN/A0.40%
Others1.61.20.81.2-9.1%
Total13.113.816.918.913.0%

Top Suppliers of Lift and Hoist to Croatia in 2022:

  1. Spain (382.0 units)
  2. Italy (273.0 units)
  3. Slovakia (187.0 units)
  4. Sweden (27.0 units)
  5. Turkey (25.0 units)
  6. Bosnia and Herzegovina (22.0 units)
  7. Serbia (20.0 units)

Lift and Hoist Exports in Croatia

In 2022, approx. 141 units of lifts and hoists were exported from Croatia; waning by -16.1% on the previous year. In general, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports attained the peak of 168 units, and then shrank notably in the following year.

In value terms, lift and hoist exports declined to $2.4M in 2022. Overall, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 29%. The exports peaked at $2.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Lift and Hoist in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina7245749441,23119.4%
United Kingdom1,022277107577-17.4%
Slovenia83.534530031155.0%
Serbia48.90.164.110830.2%
Montenegro84.834.515473.9-4.5%
Latvia72.926643966.2-3.2%
RomaniaN/A14341531.2-53.3%
Nigeria369131N/AN/A-64.5%
Others20224817316.4-56.7%
Total2,6052,0182,5972,416-2.5%

Top Export Markets for Lift and Hoist from Croatia in 2022:

  1. Bosnia and Herzegovina (71.0 units)
  2. United Kingdom (34.0 units)
  3. Slovenia (18.0 units)
  4. Serbia (6.0 units)
  5. Montenegro (4.0 units)
  6. Latvia (4.0 units)
  7. Romania (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lift and hoist market 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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