Croatia: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in Croatia

The Croatian non-electric air heater market contracted to $X in 2022, waning by -8.7% against the previous year. Over the period under review, consumption saw a mild setback. Non-electric air heater consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in Croatia

In value terms, non-electric air heater production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 17%. Non-electric air heater production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Non-Electric Air Heater Exports

Exports from Croatia

In 2022, non-electric air heater exports from Croatia contracted to X units, falling by -11.7% on the previous year's figure. Overall, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 1,167% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, non-electric air heater exports reduced to $X in 2022. Over the period under review, exports, however, saw prominent growth. The growth pace was the most rapid in 2013 when exports increased by 1,116% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X units), Germany (X units) and Hungary (X units) were the main destinations of non-electric air heater exports from Croatia, together comprising 83% of total exports. Slovenia, Austria, Romania and Poland lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +65.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for non-electric air heaters or hot air distributors exports from Croatia, comprising 51% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 14% share of total exports. It was followed by Hungary, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +73.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+3.2% per year) and Hungary (+1.1% per year).

Export Prices by Country

In 2022, the average non-electric air heater export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, posted mild growth. The growth pace was the most rapid in 2017 when the average export price increased by 42%. The export price peaked at $X per unit in 2021, and then contracted slightly 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 Romania ($X per unit), while the average price for exports to Austria ($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 Romania (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Air Heater Imports

Imports into Croatia

In 2022, the amount of non-electric air heaters or hot air distributors imported into Croatia dropped sharply to X units, shrinking by -16.8% on 2021. Overall, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2018 when imports increased by 162% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electric air heater imports dropped significantly to $X in 2022. In general, imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 94% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of non-electric air heater to Croatia, accounting for a 62% share of total imports. Moreover, non-electric air heater imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was held by Slovenia (X units), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+10.0% per year) and Slovenia (-0.1% per year).

In value terms, Italy ($X) constituted the largest supplier of non-electric air heaters or hot air distributors to Croatia, comprising 50% of total imports. The second position in the ranking was taken by Austria ($X), with a 20% share of total imports. It was followed by Slovenia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+18.2% per year) and Slovenia (-2.1% per year).

Import Prices by Country

The average non-electric air heater import price stood at $X per unit in 2022, increasing by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2019 when the average import price increased by 38% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 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 Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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