Croatia: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Croatia

In 2022, after two years of growth, there was significant decline in the Croatian harvesting machinery market, when its value decreased by X% to $X. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then declined sharply in the following year.

Harvesting Machinery Exports

Exports from Croatia

In 2022, the amount of root or tuber harvesting machines exported from Croatia soared to X units, picking up by X% compared with 2021. Overall, exports recorded a notable increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports skyrocketed to $X in 2022. In general, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Serbia (X units), Bosnia and Herzegovina (X units) and Slovenia (X units) were the main destinations of harvesting machinery exports from Croatia, with a combined X% share of total exports.

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

In value terms, the largest markets for harvesting machinery exported from Croatia were Bosnia and Herzegovina ($X), Serbia ($X) and Slovenia ($X), together comprising X% of total exports. Switzerland, Kosovo, Albania, Poland and North Macedonia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Kosovo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average harvesting machinery export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then fell dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to North Macedonia ($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 Kosovo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Harvesting Machinery Imports

Imports into Croatia

In 2022, purchases abroad of root or tuber harvesting machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a modest increase. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, harvesting machinery imports declined to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Italy (X units) and Slovenia (X units) were the main suppliers of harvesting machinery imports to Croatia, together comprising X% of total imports.

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

In value terms, the largest harvesting machinery suppliers to Croatia were Italy ($X), Germany ($X) and Slovenia ($X), together accounting for X% of total imports. Poland, the Netherlands, China, Slovakia, Serbia, Bosnia and Herzegovina, Romania and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to 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 harvesting machinery import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. 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 Italy ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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