Croatia: Market for Turbo, Rotary and Reciporating Displacement Compressors 2024

Market Size for Turbo, Rotary and Reciporating Displacement Compressors in Croatia

The Croatian market for turbo, rotary and reciporating displacement compressors skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Turbo, Rotary and Reciporating Displacement Compressors in Croatia

In value terms, production of turbo, rotary and reciporating displacement compressors stood at $X in 2022 estimated in export price. In general, production showed resilient growth. The growth pace was the most rapid in 2016 with an increase of X%. Production of peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Turbo, Rotary and Reciporating Displacement Compressors

Exports from Croatia

In 2022, approx. X units of turbo, rotary and reciporating displacement compressors were exported from Croatia; reducing by X% compared with 2021. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at X units in 2021, and then fell in the following year.

In value terms, exports of turbo, rotary and reciporating displacement compressors skyrocketed to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Slovenia (X units), Poland (X units) and Serbia (X units) were the main destinations of exports of turbo, rotary and reciporating displacement compressors from Croatia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for turbo, rotary and reciporating displacement compressor exported from Croatia were Slovenia ($X), Poland ($X) and Bosnia and Herzegovina ($X), with a combined X% share of total exports. Serbia, Italy, Germany, Slovakia, Spain and Montenegro lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for turbo, rotary and reciporating displacement compressors stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 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 Italy ($X per unit), while the average price for exports to Spain ($X 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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo, Rotary and Reciporating Displacement Compressors

Imports into Croatia

In 2022, supplies from abroad of turbo, rotary and reciporating displacement compressors increased by X% to X units, rising for the seventh consecutive year after three years of decline. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of turbo, rotary and reciporating displacement compressors soared to $X in 2022. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of imports of turbo, rotary and reciporating displacement compressors to Croatia, with a combined X% share of total imports. Slovenia, Poland and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Slovenia ($X) appeared to be the largest turbo, rotary and reciporating displacement compressor suppliers to Croatia, together accounting for X% of total imports. Poland, Austria and China lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for turbo, rotary and reciporating displacement compressors stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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