Croatia: Market for Motorcycles and Cycles With an Auxiliary Motor 2024

Market Size for Motorcycles and Cycles With an Auxiliary Motor in Croatia

In 2022, the Croatian market for motorcycles and cycles with an auxiliary motor increased by X% to $X, rising for the fourth year in a row after four years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motorcycles and Cycles With an Auxiliary Motor in Croatia

In value terms, production of motorcycles and cycles with an auxiliary motor rose remarkably to $X in 2022 estimated in export price. Overall, production, however, posted slight growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Motorcycles and Cycles With an Auxiliary Motor

Exports from Croatia

In 2022, overseas shipments of motorcycles and cycles with an auxiliary motor increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of motorcycles and cycles with an auxiliary motor soared to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X units) was the main destination for exports of motorcycles and cycles with an auxiliary motor from Croatia, with a X% share of total exports. Moreover, exports of motorcycles and cycles with an auxiliary motor to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), fourfold. Serbia (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 Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Serbia (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for motorcycles and cycles with an auxiliary motor exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2022, the average export price for motorcycles and cycles with an auxiliary motor amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Serbia ($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 mixed trend patterns.

Imports of Motorcycles and Cycles With an Auxiliary Motor

Imports into Croatia

In 2022, after three years of decline, there was significant growth in supplies from abroad of motorcycles and cycles with an auxiliary motor, when their volume increased by X% to X units. Overall, imports, however, recorded a deep downturn. Over the period under review, imports of reached the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of motorcycles and cycles with an auxiliary motor surged to $X in 2022. In general, imports, however, recorded a noticeable descent. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Croatia, with a X% share of total imports. Moreover, imports of motorcycles and cycles with an auxiliary motor from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold. France (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Italy ($X) constituted the largest supplier of motorcycles and cycles with an auxiliary motor to Croatia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The average import price for motorcycles and cycles with an auxiliary motor stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then reduced in the following year.

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 Japan ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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