Croatia: Milking Machine Market 2024

Milking Machine Market Size in Croatia

The Croatian milking machine market amounted to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Milking machine consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Milking Machine Production in Croatia

In value terms, milking machine production fell modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Milking machine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Milking Machine Exports

Exports from Croatia

Milking machine exports from Croatia soared to X units in 2022, growing by X% against the previous year's figure. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, milking machine exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Serbia (X units) was the main destination for milking machine exports from Croatia, with a X% share of total exports. Moreover, milking machine exports to Serbia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia totaled X%.

In value terms, Serbia ($X) emerged as the key foreign market for milking machines exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Serbia totaled X%.

Export Prices by Country

The average milking machine export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Bosnia and Herzegovina stood at $X per unit.

From 2012 to 2022, 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 more modest paces of growth.

Milking Machine Imports

Imports into Croatia

Milking machine imports into Croatia skyrocketed to X units in 2022, surging by X% compared with 2021. Over the period under review, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, milking machine imports soared to $X in 2022. In general, imports showed a prominent increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest milking machine supplier to Croatia, accounting for a X% share of total imports. Moreover, milking machine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Austria (X units), eightfold. The third position in this ranking was taken by Turkey (X units), with a X% share.

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

In value terms, the Netherlands ($X) constituted the largest supplier of milking machines to Croatia, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

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

Import Prices by Country

The average milking machine import price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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