Report Update: Apr 1, 2024

Croatia - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Plough Price in Croatia - 2023

Plough Price in Croatia (CIF) - 2022

In 2022, the average plough import price amounted to $1,445 per unit, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2014 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $1,766 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 ($1,810 per unit), while the price for Serbia ($831 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Plough Price in Croatia (FOB) - 2022

The average plough export price stood at $1,368 per unit in 2022, falling by -6.8% against the previous year. Overall, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,811 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($2,529 per unit), while the average price for exports to Bosnia and Herzegovina ($691 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 Romania (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plough Imports in Croatia

In 2022, the amount of ploughs for agricultural purposes imported into Croatia was estimated at 5.2K units, picking up by 14% on the year before. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% 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 +51.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, plough imports expanded notably to $7.5M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +72.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Plough in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,908	1,235	1,748	2,146	4.0%
Slovenia	1,108	475	1,511	1,545	11.7%
Romania	N/A	0.6	458	884	3738.4%
Austria	305	486	706	785	37.0%
Italy	1,133	789	626	674	-15.9%
France	384	319	564	270	-11.1%
Poland	227	327	424	265	5.3%
Turkey	90.9	168	172	237	37.6%
Serbia	146	216	130	185	8.2%
India	N/A	N/A	116	74.3	-35.9%
Others	241	346	145	448	23.0%
Total	5,543	4,362	6,600	7,512	10.7%

Top Suppliers of Plough to Croatia in 2022:

Germany (1185.0 units)
Slovenia (891.0 units)
Italy (683.0 units)
Romania (571.0 units)
Austria (454.0 units)
Poland (287.0 units)
Turkey (261.0 units)
France (252.0 units)
Serbia (222.0 units)
India (139.0 units)

Plough Exports in Croatia

In 2022, the amount of ploughs for agricultural purposes exported from Croatia contracted sharply to 180 units, dropping by -50.3% against the year before. Over the period under review, exports, however, saw a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. As a result, the exports attained the peak of 362 units, and then reduced sharply in the following year.

In value terms, plough exports contracted remarkably to $247K in 2022. In general, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. As a result, the exports reached the peak of $531K, and then shrank dramatically in the following year.

Export of Plough in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	87.8	12.2	80.7	107	6.8%
Bosnia and Herzegovina	2.1	72.9	97.9	57.8	201.9%
Serbia	37.8	17.0	117	44.6	5.7%
Romania	10.6	52.2	10.8	24.2	31.7%
Poland	0.5	0.9	3.5	3.0	81.7%
Hungary	69.1	0.1	206	1.2	-74.1%
Italy	0.3	22.1	2.4	0.3	0.0%
Japan	66.4	N/A	N/A	N/A	0%
Others	17.2	8.3	13.8	8.7	-20.3%
Total	292	186	531	247	-5.4%

Top Export Markets for Plough from Croatia in 2022:

Bosnia and Herzegovina (84.0 units)
Slovenia (52.0 units)
Serbia (25.0 units)
Romania (10.0 units)
Poland (3.0 units)
Hungary (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plough 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 28303130 -
Prodcom 28303150 -

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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