Croatia: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Croatia

In 2022, the Croatian industrial sewing machines (non-automatic) market increased by X% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a notable expansion 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Industrial Sewing Machines (Non-Automatic) in Croatia

In value terms, industrial sewing machines (non-automatic) production shrank to $X in 2022 estimated in export price. Overall, production recorded a mild decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Industrial sewing machines (non-automatic) production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Croatia

In 2022, shipments abroad of industrial sewing machines (non-automatic) decreased by X% to X units, falling for the third year in a row after four years of growth. In general, exports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, industrial sewing machines (non-automatic) exports declined dramatically to $X in 2022. Overall, total exports indicated a measured 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. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for industrial sewing machines (non-automatic) exports from Croatia, with a X% share of total exports. Moreover, industrial sewing machines (non-automatic) exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. Albania (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for industrial sewing machines (non-automatic) exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Albania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Albania (X% per year).

Export Prices by Country

The average industrial sewing machines (non-automatic) export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price 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, industrial sewing machines (non-automatic) export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then fell in the following year.

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

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Croatia

In 2022, overseas purchases of industrial sewing machines (non-automatic) were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports posted a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, industrial sewing machines (non-automatic) imports surged to $X in 2022. In general, imports showed buoyant growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X units) constituted the largest industrial sewing machines (non-automatic) supplier to Croatia, with a X% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by Slovenia (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Slovenia (X% per year).

In value terms, Austria ($X), Italy ($X) and Poland ($X) appeared to be the largest industrial sewing machines (non-automatic) suppliers to Croatia, with a combined X% share of total imports.

In terms of the main suppliers, Poland, 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

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 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 Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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