Croatia: Wood Slicing Machine Market 2023

Wood Slicing Machine Market Size in Croatia

In 2021, the Croatian wood slicing machine market increased by 28% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption posted a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Wood Slicing Machine Exports

Exports from Croatia

In 2021, after two years of growth, there was significant decline in shipments abroad of splitting, slicing or paring machines, when their volume decreased by -89.5% to X units. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 when exports increased by 677% against the previous year. Over the period under review, the exports reached the maximum at X units in 2020, and then dropped rapidly in the following year.

In value terms, wood slicing machine exports declined dramatically to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 340% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X units) was the main destination for wood slicing machine exports from Croatia, with a 59% share of total exports. Moreover, wood slicing machine exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), threefold. The third position in this ranking was held by Italy (X units), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to Slovenia amounted to +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-12.7% per year) and Italy (-7.4% per year).

In value terms, Serbia ($X), Italy ($X) and Bosnia and Herzegovina ($X) constituted the largest markets for wood slicing machine exported from Croatia worldwide, with a combined 76% share of total exports.

Among the main countries of destination, Serbia, with a CAGR of +41.9%, saw the highest growth rate of 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 2021, the average wood slicing machine export price amounted to $X per unit, picking up by 72% against the previous year. Overall, the export price posted a resilient expansion. The growth pace was the most rapid in 2014 when the average export price increased by 482% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Kosovo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+55.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Croatia

After two years of decline, overseas purchases of splitting, slicing or paring machines increased by 6.5% to X units in 2021. Overall, imports showed resilient growth. The growth pace was the most rapid in 2014 with an increase of 121% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wood slicing machine imports skyrocketed to $X in 2021. Over the period under review, imports saw a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by 119%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Serbia (X units), China (X units) and Germany (X units) were the main suppliers of wood slicing machine imports to Croatia, together accounting for 58% of total imports. These countries were followed by Slovenia, Brazil, Italy, Austria and Bosnia and Herzegovina, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +532.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Brazil ($X) and Slovenia ($X) were the largest wood slicing machine suppliers to Croatia, together accounting for 66% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +298.1%, recorded the highest growth rate of 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

The average wood slicing machine import price stood at $X per unit in 2021, growing by 28% against the previous year. Over the period under review, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 158% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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