Pumps; Parts Thereof Price in Croatia - 2023

Contents:

  1. Pumps; Parts Thereof Price in Croatia (CIF) - 2022
  2. Pumps; Parts Thereof Price in Croatia (FOB) - 2022
  3. Pumps; Parts Thereof Imports in Croatia
  4. Pumps; Parts Thereof Exports in Croatia

Pumps; Parts Thereof Price in Croatia (CIF) - 2022

The average pumps; parts thereof import price stood at $39,121 per ton in 2022, rising by 5% against the previous year. Overall, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2017 an increase of 52% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($179,512 per ton), while the price for China ($6,134 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Price in Croatia (FOB) - 2022

In 2022, the average pumps; parts thereof export price amounted to $10,822 per ton, growing by 5.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 when the average export price increased by 17%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($25,470 per ton), while the average price for exports to Slovenia ($3,224 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 Switzerland (+43.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Croatia

In 2022, supplies from abroad of pumps; parts thereoves increased by 20% to 318 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a mild reduction.

In value terms, pumps; parts thereof imports soared to $12M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern 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 Pumps; Parts Thereof in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,9752,0121,9402,93814.2%
Germany1,9461,8891,9992,4207.5%
Slovenia8948268769722.8%
Austria9668121,042867-3.5%
Netherlands32266967777133.8%
Hungary27032754957929.0%
China10485.171.190.4-4.6%
North Macedonia5181465.758.1-51.8%
Others2,6262,8812,7033,73512.5%
Total9,6219,6469,86312,4318.9%

Top Suppliers of Pumps; Parts Thereof to Croatia in 2022:

  1. Italy (102.7 tons)
  2. Germany (39.6 tons)
  3. Slovenia (33.4 tons)
  4. Netherlands (28.2 tons)
  5. Austria (21.2 tons)
  6. Hungary (21.1 tons)
  7. China (14.7 tons)
  8. North Macedonia (5.9 tons)

Pumps; Parts Thereof Exports in Croatia

Pumps; parts thereof exports from Croatia stood at 571 tons in 2022, flattening at the year before. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. As a result, the exports attained the peak of 891 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, pumps; parts thereof exports expanded significantly to $6.2M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $8.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Pumps; Parts Thereof in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland1,3261,6221,8371,95113.7%
Italy27625545253925.0%
Bosnia and Herzegovina3984637545239.5%
Slovenia23519246646125.2%
Switzerland1.2131116452622.2%
Netherlands4084735034332.0%
Germany637360218375-16.2%
Denmark152196160148-0.9%
United Kingdom85.513588.812814.4%
United States22.451.332.912175.5%
Poland27.282.549.898.653.6%
LuxembourgN/A2,273N/AN/A0%
Others1,3992,1831,124955-12.0%
Total4,9688,4175,8016,1857.6%

Top Export Markets for Pumps; Parts Thereof from Croatia in 2022:

  1. Slovenia (143.0 tons)
  2. Ireland (112.4 tons)
  3. Italy (100.6 tons)
  4. Bosnia and Herzegovina (50.8 tons)
  5. Germany (29.4 tons)
  6. Netherlands (25.2 tons)
  7. Switzerland (17.8 tons)
  8. Poland (12.5 tons)
  9. United Kingdom (11.5 tons)
  10. Denmark (11.0 tons)
  11. United States (9.2 tons)

Source: IndexBox Market Intelligence Platform

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