Price for Machinery; Parts of Machinery of Heading No. 8422 in Croatia - 2023

Contents:

  1. Price for Machinery; Parts of Machinery of Heading No. 8422 in Croatia (FOB) - 2022
  2. Price for Machinery; Parts of Machinery of Heading No. 8422 in Croatia (CIF) - 2022
  3. Exports of Machinery; Parts of Machinery of Heading No. 8422 in Croatia
  4. Imports of Machinery; Parts of Machinery of Heading No. 8422 in Croatia

Price for Machinery; Parts of Machinery of Heading No. 8422 in Croatia (FOB) - 2022

The average export price for machinery; parts of machinery of heading no. 8422 stood at $21,181 per ton in 2022, with a decrease of -4.9% against the previous year. Over the period under review, the export price showed a mild decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $35,585 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($47,687 per ton), while the average price for exports to Switzerland ($9,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Machinery; Parts of Machinery of Heading No. 8422 in Croatia (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $38,554 per ton, falling by -44.4% against the previous year. In general, the import price saw a deep downturn. The growth pace was the most rapid in 2017 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure at $81,098 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($87,537 per ton), while the price for Bosnia and Herzegovina ($7,311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+3.4%), while the prices for the other major suppliers experienced a decline.

Exports of Machinery; Parts of Machinery of Heading No. 8422 in Croatia

For the fourth consecutive year, Croatia recorded growth in shipments abroad of machinery; parts of machinery of heading no. 8422, which increased by 70% to 1.7K tons in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of machinery; parts of machinery of heading no. 8422 surged to $35M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Machinery; Parts of Machinery of Heading No. 8422 in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.86.88.613.224.7%
Austria4.63.95.98.321.7%
United States0.50.41.96.9139.9%
Switzerland0.30.62.93.6128.9%
Belgium0.1N/A0.81.8162.1%
TurkeyN/A2.7N/AN/A0%
Others1.41.31.41.2-5.0%
Total13.715.721.635.036.7%

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Croatia in 2022:

  1. Germany (519.2 tons)
  2. Austria (482.7 tons)
  3. Switzerland (385.0 tons)
  4. United States (145.2 tons)
  5. Belgium (52.4 tons)

Imports of Machinery; Parts of Machinery of Heading No. 8422 in Croatia

In 2022, approx. 593 tons of machinery; parts of machinery of heading no. 8422 were imported into Croatia; jumping by 52% compared with the year before. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery; parts of machinery of heading no. 8422 shrank significantly to $23M in 2022. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 89%. As a result, imports attained the peak of $27M, and then dropped dramatically in the following year.

Import of Machinery; Parts of Machinery of Heading No. 8422 in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.54.97.87.611.4%
Italy4.64.412.24.60.0%
Belgium0.1N/A0.13.2217.5%
Austria0.80.51.52.444.2%
Turkey0.10.10.40.681.7%
Netherlands0.10.80.30.681.7%
Slovenia0.90.80.70.5-17.8%
Spain0.20.40.20.426.0%
Bosnia and Herzegovina0.10.10.10.226.0%
Others2.62.23.72.71.3%
Total15.114.327.122.914.9%

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Croatia in 2022:

  1. Belgium (175.4 tons)
  2. Austria (117.2 tons)
  3. Germany (87.3 tons)
  4. Italy (84.1 tons)
  5. Spain (27.9 tons)
  6. Bosnia and Herzegovina (24.4 tons)
  7. Netherlands (18.0 tons)
  8. Slovenia (8.5 tons)
  9. Turkey (6.0 tons)

Source: IndexBox Market Intelligence Platform

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