Croatia: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Croatia

In 2022, the Croatian digital data processing machine market was finally on the rise to reach $X after three years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Digital data processing machine consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Croatia

In value terms, digital data processing machine production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild decrease. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Digital data processing machine production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Croatia

In 2022, after three years of growth, there was significant decline in shipments abroad of digital data processing machines: presented in the form of systems, when their volume decreased by X% to X units. Overall, exports, however, saw strong growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, digital data processing machine exports dropped modestly to $X in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Serbia (X units) was the main destination for digital data processing machine exports from Croatia, with a X% share of total exports. Moreover, digital data processing machine exports to Serbia exceeded the volume sent to the second major destination, the United States (X units), twofold. The UK (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

In value terms, Serbia ($X), the United States ($X) and China ($X) were the largest markets for digital data processing machine exported from Croatia worldwide, together accounting for X% of total exports. Sweden, Slovenia, Germany, Spain, Poland, Bosnia and Herzegovina, the UK, Montenegro, Singapore and South Korea lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average digital data processing machine export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. 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 China ($X per unit), while the average price for exports to Singapore ($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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Croatia

In 2022, purchases abroad of digital data processing machines: presented in the form of systems was finally on the rise to reach X units after six years of decline. Over the period under review, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, digital data processing machine imports soared to $X in 2022. In general, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Czech Republic (X units), China (X units) and the Netherlands (X units) were the main suppliers of digital data processing machine imports to Croatia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and China ($X) constituted the largest digital data processing machine suppliers to Croatia, together accounting for X% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of 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 digital data processing machine import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price saw a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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