Croatia: Off-Highway Dumper Market 2022

Off-Highway Dumper Market Size in Croatia

The Croatian off-highway dumper market soared to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Off-Highway Dumper Exports

Exports from Croatia

Off-highway dumper exports from Croatia reduced sharply to X units in 2021, with a decrease of -X% against 2020. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X units, and then shrank notably in the following year.

In value terms, off-highway dumper exports amounted to $X in 2021. Over the period under review, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X units) was the main destination for off-highway dumper exports from Croatia, accounting for a X% share of total exports. Moreover, off-highway dumper exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+X% per year) and the Netherlands (+X% per year).

In value terms, Serbia ($X), Slovenia ($X) and Bosnia and Herzegovina ($X) appeared to be the largest markets for off-highway dumper exported from Croatia worldwide, with a combined X% share of total exports.

Slovenia, with a CAGR of +X%, 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 off-highway dumper export price stood at $X per unit in 2021, picking up by X% against the previous year. Overall, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Serbia ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (-X%), while the prices for the other major destinations experienced a decline.

Off-Highway Dumper Imports

Imports into Croatia

In 2021, the amount of dumpers for off-highway use imported into Croatia soared to X units, surging by X% on the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, off-highway dumper imports declined to $X in 2021. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of off-highway dumper to Croatia, with a X% share of total imports. It was followed by Hungary (X units), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Lithuania (X% per year).

In value terms, Poland ($X) constituted the largest supplier of off-highway dumper to Croatia, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2021, the average off-highway dumper import price amounted to $X per unit, falling by -X% against the previous year. Over the period under review, the import price faced a sharp contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Lithuania ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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