Croatia: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Croatia

For the fourth consecutive year, the Croatian jacks and hoists market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Jacks And Hoists Production in Croatia

In value terms, jacks and hoists production contracted modestly to $X in 2022 estimated in export price. Overall, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Jacks And Hoists Exports

Exports from Croatia

After four years of growth, shipments abroad of jacks and hoists for raising vehicles decreased by X% to X units in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted dramatically in the following year.

In value terms, jacks and hoists exports dropped notably to $X in 2022. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Serbia (X units), Bosnia and Herzegovina (X units) and Slovenia (X units) were the main destinations of jacks and hoists exports from Croatia, together comprising X% of total exports. Montenegro, Albania, the Czech Republic, North Macedonia and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for jacks and hoists exported from Croatia were Serbia ($X), Slovenia ($X) and Bosnia and Herzegovina ($X), together accounting for X% of total exports. Montenegro, Albania, the Czech Republic, North Macedonia and Italy lagged somewhat behind, together accounting for a further X%.

Albania, with a CAGR of X%, recorded the highest rates of growth with regard to 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 jacks and hoists export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

Jacks And Hoists Imports

Imports into Croatia

In 2022, after four years of growth, there was decline in purchases abroad of jacks and hoists for raising vehicles, when their volume decreased by X% to X units. Overall, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then dropped slightly in the following year.

In value terms, jacks and hoists imports rose sharply to $X in 2022. In general, imports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of jacks and hoists imports to Croatia, with a combined X% share of total imports. The Czech Republic, Slovenia, the UK, Poland and Austria lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest jacks and hoists suppliers to Croatia were Italy ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Slovenia, the Czech Republic, Poland, the UK and Austria lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Czech Republic, with a CAGR of X%, recorded 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 jacks and hoists import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2015 an increase of X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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