Croatia - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Croatia - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Industrial Furnace Price in Croatia - 2023

Contents:

  1. Non-Electric Industrial Furnace Price in Croatia (CIF) - 2023
  2. Non-Electric Industrial Furnace Price in Croatia (FOB) - 2022
  3. Non-Electric Industrial Furnace Imports in Croatia
  4. Non-Electric Industrial Furnace Exports in Croatia

Non-Electric Industrial Furnace Price in Croatia (CIF) - 2023

The average non-electric industrial furnace import price stood at $17,259 per unit in August 2023, falling by -45.8% against the previous month. Over the period under review, the import price showed a deep contraction. The pace of growth was the most pronounced in December 2022 when the average import price increased by 134% m-o-m. Over the period under review, average import prices reached the peak figure at $56,049 per unit in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($150K per unit), while the price for China ($11,172 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Serbia (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Industrial Furnace Price in Croatia (FOB) - 2022

In 2022, the average non-electric industrial furnace export price amounted to $222 per unit, growing by 30% against the previous year. Over the period under review, the export price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs at $363 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($834 per unit), while the average price for exports to the UK ($161 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Industrial Furnace Imports in Croatia

In 2022, overseas purchases of non-electric industrial or laboratory furnaces and ovens increased by 65% to 4.3K units for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electric industrial furnace imports skyrocketed to $1.7M in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Electric Industrial Furnace in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A4990%
Italy3025572233575.7%
Bosnia and Herzegovina21446520031714.0%
China13.0N/AN/A124112.1%
United Kingdom90027.3165103-51.4%
TurkeyN/A8.98.675.6191.5%
Germany91.1N/A58.5N/A-19.9%
Others19.8404220185110.6%
Total1,5401,4638741,6612.6%

Top Suppliers of Non-Electric Industrial Furnace to Croatia in 2022:

  1. Bosnia and Herzegovina (1346.0 units)
  2. Italy (1131.0 units)
  3. China (908.0 units)
  4. United States (398.0 units)
  5. Turkey (152.0 units)
  6. United Kingdom (148.0 units)

Non-Electric Industrial Furnace Exports in Croatia

In 2022, approx. 6K units of non-electric industrial or laboratory furnaces and ovens were exported from Croatia; rising by 115% on the year before. In general, exports posted strong growth. The exports peaked at 6.6K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric industrial furnace exports surged to $1.3M in 2022. Overall, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports hit record highs at $1.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Electric Industrial Furnace in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom45161841785723.9%
Hungary22439.3N/A2524.0%
Romania113N/AN/A1376.6%
SerbiaN/A83.78.079.1-2.8%
Bosnia and Herzegovina70.121.549.51.0-75.7%
Bulgaria909N/AN/AN/A0%
ItalyN/A155N/AN/A0%
Others27.391.40.2N/A-91.4%
Total1,7941,0084751,326-9.6%

Top Export Markets for Non-Electric Industrial Furnace from Croatia in 2022:

  1. Bosnia and Herzegovina (undefinedK units)
  2. United Kingdom (5.3K units)
  3. Hungary (0.3K units)
  4. Romania (0.2K units)
  5. Serbia (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)

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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