Croatia - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights

Croatia: Internal Combustion Engines Market Overview 2019

Internal Combustion Engines Market Size in Croatia

The revenue of the internal combustion engines market in Croatia amounted to $X in 2017, growing by X% against the previous year. Over the period under review, internal combustion engines consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when the market value increased by X% y-o-y. In that year, the internal combustion engines market attained its peak level of $X. From 2014 to 2017, the growth of the internal combustion engines market remained at a somewhat lower figure.

Internal Combustion Engines Production in Croatia

In value terms, internal combustion engines production totaled $X in 2017 estimated in export prices. In general, internal combustion engines production continues to indicate a relatively flat trend pattern.

Internal Combustion Engines Exports

Exports from Croatia

In 2017, the amount of motor vehicles compression-ignition internal combustion piston engines exported from Croatia amounted to X units, increasing by X% against the previous year. Over the period under review, internal combustion engines exports, however, continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2017, exports remained at a lower figure.

In value terms, internal combustion engines exports stood at $X in 2017. Over the period under review, internal combustion engines exports, however, continue to indicate a drastic contraction. The pace of growth appeared the most rapid in 2017, when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2017, exports remained at a lower figure.

Exports by Country

The U.S. (X units) was the main destination for internal combustion engines exports from Croatia, accounting for a X% share of total exports. Moreover, internal combustion engines exports to the U.S. exceeded the volume sent to the second major destination, Egypt (X units), threefold. The third position in this ranking was occupied by Bosnia and Herzegovina (X units), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-X% per year) and Bosnia and Herzegovina (-X% per year).

In value terms, the U.S. ($X) remains the key foreign market for internal combustion engines exports from Croatia, comprising X% of total internal combustion engines exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-X% per year) and Germany (-X% per year).

Export Prices by Country

In 2017, the average internal combustion engines export price amounted to $X per unit, reducing by -X% against the previous year. Overall, the internal combustion engines export price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2011, when the average export price increased by X% year-to-year. Export price peaked at $X per unit in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Germany ($X per unit), while the average price for exports to Bosnia and Herzegovina ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Germany, while the export prices for the other major destinations experienced mixed trend patterns.

Internal Combustion Engines Imports

Imports into Croatia

In 2017, the amount of motor vehicles compression-ignition internal combustion piston engines imported into Croatia totaled X units, surging by X% against the previous year. Overall, internal combustion engines imports, however, continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2013, when imports increased by X% year-to-year. Over the period under review, internal combustion engines imports attained their peak figure at X units in 2008; however, from 2009 to 2017, imports failed to regain their momentum.

In value terms, internal combustion engines imports stood at $X in 2017. Over the period under review, internal combustion engines imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when imports increased by X% against the previous year. In that year, internal combustion engines imports reached their peak of $X. From 2014 to 2017, the growth of internal combustion engines imports remained at a somewhat lower figure.

Imports by Country

In 2017, Germany (X units) constituted the largest supplier of internal combustion engines to Croatia, accounting for a X% share of total imports. Moreover, internal combustion engines imports from Germany exceeded the figures recorded by the second largest supplier, Italy (X units), eightfold. The third position in this ranking was occupied by Slovenia (X units), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Germany totaled -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, Germany ($X) constituted the largest supplier of internal combustion engines to Croatia, comprising X% of total internal combustion engines imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Slovenia, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Germany 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).

Import Prices by Country

In 2017, the average internal combustion engines import price amounted to $X per unit, jumping by X% against the previous year. Overall, the internal combustion engines import price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010, when the average import price increased by X% y-o-y. Over the period under review, the average import prices for motor vehicles compression-ignition internal combustion piston engines attained their peak figure in 2017, and is likely to see steady growth in the immediate term.

Import prices varied noticeably by the country of origin; the country with the highest import price was Austria ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Hungary, while the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform