Croatia: Internal Combustion Engines Market Overview 2020

Internal Combustion Engines Market Size in Croatia

The revenue of the internal combustion engines market in Croatia amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, internal combustion engines consumption, however, continues to indicate a temperate reduction. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. In that year, the internal combustion engines market attained its peak level of $X. From 2014 to 2018, the growth of the internal combustion engines market remained at a lower figure.

Internal Combustion Engines Exports

Exports from Croatia

Internal combustion engines exports from Croatia totaled X units in 2018, shrinking by -X% against the previous year. In general, internal combustion engines exports, however, continue to indicate a mild increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked at X units in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, internal combustion engines exports totaled $X in 2018. In general, internal combustion engines exports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Over the period under review, internal combustion engines exports attained their maximum at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X units), Ghana (X units) and Egypt (X units) were the main destinations of internal combustion engines exports from Croatia, with a combined X% share of total exports. These countries were followed by Montenegro, Afghanistan, Romania, Hungary, Germany, Syrian Arab Republic and Turkey, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Hungary (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual rate of growth in terms of value to Egypt stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Syrian Arab Republic (+X% per year).

Export Prices by Country

In 2018, the average internal combustion engines export price amounted to $X per unit, lowering by -X% against the previous year. Over the period under review, the internal combustion engines export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. In that year, the average export prices for motor vehicles compression-ignition internal combustion piston engines attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices for motor vehicles compression-ignition internal combustion piston engines remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic, while the prices for the other major destinations experienced more modest paces of growth.

Internal Combustion Engines Imports

Imports into Croatia

In 2018, approx. X units of motor vehicles compression-ignition internal combustion piston engines were imported into Croatia; increasing by X% against the previous year. In general, internal combustion engines imports, however, continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, internal combustion engines imports attained their peak figure at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, internal combustion engines imports amounted to $X in 2018. Overall, internal combustion engines imports, however, continue to indicate remarkable growth. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. In that year, internal combustion engines imports attained their peak of $X. From 2014 to 2018, the growth of internal combustion engines imports remained at a somewhat lower figure.

Imports by Country

In 2018, Germany (X units) constituted the largest internal combustion engines supplier to Croatia, with 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), sevenfold. The third position in this ranking was occupied by Slovenia (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany amounted to +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 France, with a X% share.

From 2007 to 2018, 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 France (+X% per year).

Import Prices by Country

The average internal combustion engines import price stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the internal combustion engines import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform