Croatia: Flexographic Printing Machinery Market 2025

Flexographic Printing Machinery Market Size in Croatia

In 2022, the Croatian flexographic printing machinery market decreased by -15.6% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, enjoyed significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Flexographic Printing Machinery Exports

Exports from Croatia

In 2022, shipments abroad of flexographic printing machinery decreased by -60% to X units, falling for the second consecutive year after two years of growth. In general, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,750%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, flexographic printing machinery exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 4,698% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X units) was the main destination for flexographic printing machinery exports from Croatia, with a 71% share of total exports. Moreover, flexographic printing machinery exports to Turkey exceeded the volume sent to the second major destination, Slovenia (X units), tenfold. The third position in this ranking was taken by Bosnia and Herzegovina (X units), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (0.0% per year) and Bosnia and Herzegovina (0.0% per year).

In value terms, Slovenia ($X), Turkey ($X) and Bosnia and Herzegovina ($X) appeared to be the largest markets for flexographic printing machinery exported from Croatia worldwide, with a combined 98% share of total exports.

Among the main countries of destination, Bosnia and Herzegovina, with a CAGR of +20.7%, recorded 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 2022, the average flexographic printing machinery export price amounted to $X per unit, surging by 626% against the previous year. In general, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 929%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Serbia ($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 Bosnia and Herzegovina (+20.7%), while the prices for the other major destinations experienced a decline.

Flexographic Printing Machinery Imports

Imports into Croatia

In 2022, after two years of decline, there was significant growth in purchases abroad of flexographic printing machinery, when their volume increased by 193% to X units. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 586%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, flexographic printing machinery imports soared to $X in 2022. In general, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 441%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of flexographic printing machinery to Croatia, accounting for a 68% share of total imports. Moreover, flexographic printing machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. The third position in this ranking was held by Serbia (X units), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +40.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.9% per year) and Serbia (+8.0% per year).

In value terms, the largest flexographic printing machinery suppliers to Croatia were Germany ($X), Italy ($X) and Spain ($X), with a combined 81% share of total imports. The Netherlands, Slovenia, Turkey, China, the UK and Serbia lagged somewhat behind, together comprising a further 19%.

In terms of the main suppliers, the Netherlands, with a CAGR of +54.3%, 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 flexographic printing machinery import price amounted to $X per unit, increasing by 8.8% against the previous year. In general, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2020 an increase of 40%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+40.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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