Croatia: Endless Machinery Band Market 2024

Endless Machinery Band Market Size in Croatia

In 2022, the Croatian endless machinery band market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption saw a deep downturn. Endless machinery band consumption peaked at $X in 2021, and then shrank rapidly in the following year.

Endless Machinery Band Production in Croatia

In value terms, endless machinery band production stood at $X in 2022 estimated in export price. In general, production saw a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Endless Machinery Band Exports

Exports from Croatia

In 2021, approx. X square meters of endless bands for machinery, of stainless steel were exported from Croatia; with an increase of X% compared with the year before. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, endless machinery band exports surged to $X in 2021. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X square meters) was the main destination for endless machinery band exports from Croatia, with a X% share of total exports. Moreover, endless machinery band exports to Turkey exceeded the volume sent to the second major destination, Italy (X square meters), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Turkey ($X), Bosnia and Herzegovina ($X) and Italy ($X) appeared to be the largest markets for endless machinery band exported from Croatia worldwide.

Bosnia and Herzegovina, with a CAGR of X%, saw 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 endless machinery band export price stood at $X per square meter in 2021, falling by X% against the previous year. Overall, the export price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per square meter. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per square meter), while the average price for exports to Italy ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%).

Endless Machinery Band Imports

Imports into Croatia

After four years of growth, overseas purchases of endless bands for machinery, of stainless steel decreased by X% to X square meters in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X square meters in 2021, and then contracted significantly in the following year.

In value terms, endless machinery band imports shrank remarkably to $X in 2022. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, the Netherlands (X square meters) constituted the largest supplier of endless machinery band to Croatia, accounting for a X% share of total imports. Moreover, endless machinery band imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Slovakia (X square meters), threefold. Turkey (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and Turkey (X% per year).

In value terms, the Netherlands ($X), Slovenia ($X) and Slovakia ($X) constituted the largest endless machinery band suppliers to Croatia, together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average endless machinery band import price stood at $X per square meter in 2022, rising by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per square meter), while the price for Austria ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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