Seals; Mechanical Price in Croatia - 2023

Seals; Mechanical Price in Croatia (CIF) - 2022

The average seals; mechanical import price stood at $4.4 per unit in 2022, reducing by -12.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. Over the period under review, average import prices attained the maximum at $5.6 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($19 per unit), while the price for Serbia ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Croatia (FOB) - 2022

The average seals; mechanical export price stood at $3.2 per unit in 2022, surging by 20% against the previous year. Overall, the export price, however, saw a abrupt descent. The export price peaked at $8 per unit in 2012; however, from 2013 to 2022, the export prices stood 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 Serbia ($12 per unit), while the average price for exports to Poland ($1.4 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 the Czech Republic (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.

Seals; Mechanical Imports in Croatia

In 2022, approx. 883K units of seals; mechanicals were imported into Croatia; rising by 19% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, seals; mechanical imports totaled $3.8M in 2022. Overall, imports, however, continue to indicate a abrupt setback. Imports peaked at $4.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Seals; Mechanical in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1,772	1,524	1,209	1,026	-16.7%
Germany	688	584	858	822	6.1%
China	104	114	361	446	62.5%
Slovenia	317	482	378	440	11.5%
Switzerland	263	171	240	357	10.7%
United Kingdom	610	683	84.7	78.3	-49.6%
Hungary	119	56.6	57.2	65.7	-18.0%
Poland	122	33.9	50.9	50.7	-25.4%
Serbia	27.8	30.8	38.5	35.2	8.2%
Others	464	432	403	523	4.1%
Total	4,486	4,111	3,681	3,845	-5.0%

Top Suppliers of Seals; Mechanical to Croatia in 2022:

Slovenia (309.4K units)
Germany (233.9K units)
Italy (90.6K units)
China (68.9K units)
Hungary (35.0K units)
Poland (26.5K units)
Serbia (25.3K units)
Switzerland (18.6K units)
United Kingdom (6.1K units)

Seals; Mechanical Exports in Croatia

After three years of growth, shipments abroad of seals; mechanicals decreased by -2.7% to 513K units in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 74% against the previous year. As a result, the exports attained the peak of 527K units, and then contracted in the following year.

In value terms, seals; mechanical exports surged to $1.6M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Seals; Mechanical in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	51.9	34.7	347	565	121.6%
Poland	137	146	363	236	19.9%
Serbia	209	217	198	206	-0.5%
Germany	132	99.6	132	128	-1.0%
Bosnia and Herzegovina	114	183	167	123	2.6%
Czech Republic	0.3	1.0	35.0	80.9	546.1%
Austria	9.8	8.8	25.2	61.6	84.6%
Others	182	111	149	248	10.9%
Total	838	801	1,417	1,648	25.3%