Croatia: Market for Industrial Automatic Sewing Machines 2024

Market Size for Industrial Automatic Sewing Machines in Croatia

The Croatian industrial automatic sewing machine market reduced to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Industrial Automatic Sewing Machines in Croatia

In value terms, industrial automatic sewing machine production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Industrial Automatic Sewing Machines

Exports from Croatia

Industrial automatic sewing machine exports from Croatia fell notably to X units in 2022, declining by X% on the year before. In general, exports, however, saw a modest expansion. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X units in 2021, and then declined markedly in the following year.

In value terms, industrial automatic sewing machine exports contracted markedly to $X in 2022. Over the period under review, exports, however, saw temperate growth. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for industrial automatic sewing machine exports from Croatia, accounting for a X% share of total exports. Moreover, industrial automatic sewing machine exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Mexico (X units), fourfold. The third position in this ranking was taken by the United States (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the United States (X% per year).

In value terms, the largest markets for industrial automatic sewing machine exported from Croatia were the United States ($X), Mexico ($X) and Germany ($X), with a combined X% share of total exports. South Korea, Argentina, France, Benin, Taiwan (Chinese), China and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

China, 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 industrial automatic sewing machine export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price showed a notable increase. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Automatic Sewing Machines

Imports into Croatia

In 2022, approx. X units of industrial automatic sewing machines were imported into Croatia; picking up by X% compared with the previous year's figure. In general, imports, however, faced a abrupt curtailment. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial automatic sewing machine imports skyrocketed to $X in 2022. Overall, imports, however, saw a abrupt descent. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Taiwan (Chinese) (X units) and Austria (X units) were the main suppliers of industrial automatic sewing machine imports to Croatia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Austria ($X), Italy ($X) and Taiwan (Chinese) ($X) constituted the largest industrial automatic sewing machine suppliers to Croatia, together comprising X% of total imports.

In terms of the main suppliers, Taiwan (Chinese), 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 industrial automatic sewing machine import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 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 Japan ($X per unit), while the price for Bosnia and Herzegovina ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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