Croatia: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in Croatia

The Croatian hand-operated air pump market rose remarkably to $X in 2022, with an increase of 9.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +21.9% against 2020 indices. Hand-operated air pump consumption peaked in 2022 and is expected to retain growth in years to come.

Hand-Operated Air Pump Exports

Exports from Croatia

After three years of growth, overseas shipments of hand or foot-operated air pumps decreased by -11.3% to X units in 2022. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 75%. As a result, the exports attained the peak of X units, and then shrank in the following year.

In value terms, hand-operated air pump exports shrank dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Bosnia and Herzegovina (X units), Slovenia (X units) and Romania (X units) were the main destinations of hand-operated air pump exports from Croatia, with a combined 87% share of total exports. Serbia, Hungary, the United States and Montenegro lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +97.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Serbia ($X) appeared to be the largest markets for hand-operated air pump exported from Croatia worldwide, with a combined 82% share of total exports. Montenegro, Romania, the United States and Hungary lagged somewhat behind, together accounting for a further 12%.

The United States, with a CAGR of +121.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hand-operated air pump export price stood at $X per unit in 2022, waning by -18% against the previous year. Overall, the export price, however, showed tangible growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($X per unit), while the average price for exports to Romania ($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 Montenegro (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports into Croatia

In 2022, overseas purchases of hand or foot-operated air pumps increased by 9.8% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 17%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hand-operated air pump imports reached $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.1% against 2016 indices. The growth pace was the most rapid in 2018 when imports increased by 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of hand-operated air pump imports to Croatia, with a combined 77% share of total imports. Slovenia, Austria, the Netherlands, Poland and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +43.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and China ($X) appeared to be the largest hand-operated air pump suppliers to Croatia, with a combined 74% share of total imports. Slovenia, Austria, the Netherlands, Taiwan (Chinese) and Poland lagged somewhat behind, together accounting for a further 18%.

Poland, with a CAGR of +38.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand-operated air pump import price stood at $X per unit in 2022, declining by -1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The pace of growth appeared the most rapid in 2013 an increase of 32% against the previous year. The import price peaked at $X per unit in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($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 Netherlands (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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