Croatia: Transportation Vehicle Body Market 2025

Transportation Vehicle Body Market Size in Croatia

The Croatian transportation vehicle body market contracted significantly to $X in 2022, which is down by -16.3% against the previous year. Overall, consumption, however, recorded temperate growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Transportation Vehicle Body Production in Croatia

In value terms, transportation vehicle body production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 75%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Transportation Vehicle Body Exports

Exports from Croatia

Transportation vehicle body exports from Croatia declined remarkably to X units in 2022, reducing by -33.6% against 2021. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 626% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, transportation vehicle body exports surged to $X in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 4,365% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for transportation vehicle body exports from Croatia, accounting for a 93% share of total exports. Moreover, transportation vehicle body exports to Germany exceeded the volume sent to the second major destination, Hungary (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +108.2%.

In value terms, Germany ($X) remains the key foreign market for bodies for motor vehicles for the transporting people exports from Croatia, comprising 45% of total exports. The second position in the ranking was taken by Hungary ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +187.2%.

Export Prices by Country

The average transportation vehicle body export price stood at $X per unit in 2022, with an increase of 152% against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 517%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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 Hungary totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+37.9%), while the prices for the other major destinations experienced a decline.

Transportation Vehicle Body Imports

Imports into Croatia

Transportation vehicle body imports into Croatia shrank remarkably to X units in 2022, declining by -77.4% against the previous year. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2014 with an increase of 664%. Over the period under review, imports attained the maximum at X units in 2021, and then shrank rapidly in the following year.

In value terms, transportation vehicle body imports reduced markedly to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 520% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Italy (X units) was the main supplier of transportation vehicle body to Croatia, accounting for a 92% share of total imports. Moreover, transportation vehicle body imports from Italy exceeded the figures recorded by the second-largest supplier, Slovenia (X units), more than tenfold. The Czech Republic (X units) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +32.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+42.0% per year) and the Czech Republic (-29.2% per year).

In value terms, Italy ($X) constituted the largest supplier of bodies for motor vehicles for the transporting people to Croatia, comprising 91% of total imports. The second position in the ranking was held by Slovenia ($X), with a 5.5% share of total imports. It was followed by the Czech Republic, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +45.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+44.2% per year) and the Czech Republic (-28.8% per year).

Import Prices by Country

In 2022, the average transportation vehicle body import price amounted to $X per unit, picking up by 5.3% against the previous year. Over the period under review, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 399%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a 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 Slovenia ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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