Price for Machinery; Parts of the Machinery of Heading No. 8425 in Croatia - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Croatia (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Croatia (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Croatia
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Croatia

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Croatia (CIF) - 2022

The average import price for machinery; parts of the machinery of heading no. 8425 stood at $19,972 per ton in 2022, jumping by 42% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery; parts of the machinery of heading no. 8425 increased by +86.2% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 66%. As a result, import price attained the peak level of $23,752 per ton. From 2019 to 2022, the average 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 ($31,183 per ton), while the price for Poland ($5,798 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Croatia (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $9,849 per ton, growing by 6.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 70%. As a result, the export price reached the peak level of $15,500 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($95,663 per ton), while the average price for exports to Slovenia ($5,740 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 Russia (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Croatia

Imports of machinery; parts of the machinery of heading no. 8425 into Croatia skyrocketed to 137 tons in 2022, picking up by 51% on 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. 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.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 surged to $2.7M in 2022. Overall, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany46831842168413.5%
Italy34236438447511.6%
Denmark16.23.421.7370183.7%
Slovenia74.157.477.136069.4%
Norway37.171.627.818470.5%
Austria14363.11311828.4%
Poland9.573.713.543.866.4%
Czech Republic35914.524.135.2-53.9%
China28.226.445.020.8-9.6%
UkraineN/A65.89.1N/A-86.2%
Others3372851203763.7%
Total1,8151,3431,2732,73114.6%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Croatia in 2022:

  1. Slovenia (28.4 tons)
  2. Italy (25.7 tons)
  3. Germany (21.9 tons)
  4. Denmark (12.6 tons)
  5. Austria (10.3 tons)
  6. Poland (7.6 tons)
  7. Norway (6.5 tons)
  8. Czech Republic (5.0 tons)
  9. China (3.5 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Croatia

In 2022, exports of machinery; parts of the machinery of heading no. 8425 from Croatia expanded significantly to 137 tons, with an increase of 9.6% on the previous year's figure. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 87% against the previous year. As a result, the exports reached the peak of 179 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 soared to $1.3M in 2022. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 38%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway11719874470281.7%
Slovenia88.145914.116222.5%
Serbia13.84.612.3115102.7%
Bosnia and Herzegovina76.659.168.010210.0%
Netherlands9.017.87.191.0116.2%
Austria20.82.936.731.014.2%
Germany13249.920.319.2-47.4%
France15897.247.20.2-89.2%
China39.610.515.9N/A-36.6%
DenmarkN/A79.03.4N/A-95.7%
Others288322183124-24.5%
Total9431,2991,1521,34612.6%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Croatia in 2022:

  1. Norway (66.9 tons)
  2. Slovenia (28.1 tons)
  3. Serbia (18.3 tons)
  4. Bosnia and Herzegovina (11.2 tons)
  5. Netherlands (4.2 tons)
  6. Austria (3.0 tons)
  7. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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