Croatia: Market for Side Cars and Cycles with Non-Combustion Motors 2024

Market Size for Side Cars and Cycles with Non-Combustion Motors in Croatia

In 2022, the Croatian market for side cars and cycles with non-combustion motors decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, showed a significant increase. Consumption of peaked at $X in 2021, and then contracted sharply in the following year.

Production of Side Cars and Cycles with Non-Combustion Motors in Croatia

In value terms, production of side cars and cycles with non-combustion motors surged to $X in 2022 estimated in export price. Overall, production enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production of reached the peak level in 2022 and is expected to retain growth in years to come.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Side Cars and Cycles with Non-Combustion Motors

Exports from Croatia

In 2022, after ten years of growth, there was significant decline in shipments abroad of side cars and cycles with non-combustion motors, when their volume decreased by X% to X units. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports of attained the maximum at X units in 2021, and then declined in the following year.

In value terms, exports of side cars and cycles with non-combustion motors soared to $X in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The Czech Republic (X units), Slovenia (X units) and Montenegro (X units) were the main destinations of exports of side cars and cycles with non-combustion motors from Croatia, together accounting for X% of total exports. Poland, Serbia, Bosnia and Herzegovina, Austria, Romania, Germany and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), the Czech Republic ($X) and Germany ($X) were the largest markets for side car and cycle with non-combustion motor exported from Croatia worldwide, together comprising X% of total exports. Serbia, Montenegro, Austria, Poland, Bosnia and Herzegovina, Romania and Belgium lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Poland, 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

The average export price for side cars and cycles with non-combustion motors stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price, however, faced a sharp decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Germany ($X per unit), while the average price for exports to Poland ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Side Cars and Cycles with Non-Combustion Motors

Imports into Croatia

In 2022, after three years of growth, there was significant decline in overseas purchases of side cars and cycles with non-combustion motors, when their volume decreased by X% to X units. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of hit record highs at X units in 2021, and then shrank dramatically in the following year.

In value terms, imports of side cars and cycles with non-combustion motors expanded to $X in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of side car and cycle with non-combustion motor to Croatia, accounting for a X% share of total imports. Moreover, imports of side cars and cycles with non-combustion motors from China exceeded the figures recorded by the second-largest supplier, Slovenia (X units), threefold. Poland (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 China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Poland (X% per year).

In value terms, China ($X) constituted the largest supplier of side cars and cycles with non-combustion motors to Croatia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Slovenia (X% per year).

Import Prices by Country

In 2022, the average import price for side cars and cycles with non-combustion motors amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable decline. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :