Price for Machinery; Parts of the Machinery of Heading No. 8427 in Croatia - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Croatia (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Croatia (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Croatia
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Croatia

Price for Machinery; Parts of the Machinery of Heading No. 8427 in Croatia (CIF) - 2022

The average import price for machinery; parts of the machinery of heading no. 8427 stood at $8,856 per ton in 2022, growing by 2% against the previous year. Overall, the import price, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23% against the previous year. The import price peaked at $18,805 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($26,841 per ton), while the price for Bulgaria ($3,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8427 in Croatia (FOB) - 2022

The average export price for machinery; parts of the machinery of heading no. 8427 stood at $6,831 per ton in 2022, picking up by 10% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2018 an increase of 213% against the previous year. As a result, the export price attained the peak level of $25,018 per ton. From 2019 to 2022, the average export prices remained 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 Germany ($28,617 per ton), while the average price for exports to Bosnia and Herzegovina ($3,839 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 Germany (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Croatia

In 2022, the amount of machinery; parts of the machinery of heading no. 8427 imported into Croatia surged to 558 tons, with an increase of 28% compared with 2021 figures. Overall, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 64%. Over the period under review, imports of machinery; parts of machinery of heading no. 8427 hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of machinery; parts of the machinery of heading no. 8427 soared to $4.9M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +54.7% against 2020 indices. 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. 8427 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,013770668969-1.5%
Italy6283965478068.7%
Belgium52550860573111.7%
Bosnia and Herzegovina2.631.4382613517.8%
Czech Republic3502632623913.8%
Slovenia2462773103108.0%
Netherlands2653472662680.4%
Romania10489.887.519924.1%
Sweden12917216218212.2%
Bulgaria64.454.212514731.7%
Poland58.271.410490.715.9%
France15710614883.2-19.1%
China47.621.623.342.4-3.8%
Others18684.4100107-16.8%
Total3,7763,1923,7904,9399.4%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Croatia in 2022:

  1. Bosnia and Herzegovina (173.2 tons)
  2. Germany (86.7 tons)
  3. Belgium (79.8 tons)
  4. Italy (60.2 tons)
  5. Bulgaria (44.1 tons)
  6. Czech Republic (20.7 tons)
  7. Romania (16.7 tons)
  8. Sweden (16.4 tons)
  9. Slovenia (13.9 tons)
  10. Poland (12.6 tons)
  11. Netherlands (10.0 tons)
  12. China (8.0 tons)
  13. France (4.3 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Croatia

Exports of machinery; parts of the machinery of heading no. 8427 from Croatia surged to 180 tons in 2022, jumping by 22% against 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 161% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of machinery; parts of the machinery of heading no. 8427 skyrocketed to $1.2M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 increased by +65.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Machinery; Parts of the Machinery of Heading No. 8427 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria32.6113525878199.7%
Bosnia and Herzegovina24.911760.069.640.9%
Italy18135.534.44.7-70.4%
Others530477293274-19.7%
Total7687439131,22616.9%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Croatia in 2022:

  1. Austria (152.1 tons)
  2. Bosnia and Herzegovina (18.1 tons)
  3. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform

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