Croatia: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Croatia

The Croatian agricultural harvester market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, showed a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Agricultural Harvester Production in Croatia

In value terms, agricultural harvester production surged to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Agricultural Harvester Exports

Exports from Croatia

For the third consecutive year, Croatia recorded growth in shipments abroad of agricultural harvesters, which increased by X% to X units in 2022. In general, exports, however, saw a deep slump. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, agricultural harvester exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a slight contraction. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units), Bosnia and Herzegovina (X units) and Denmark (X units) were the main destinations of agricultural harvester exports from Croatia, with a combined X% share of total exports.

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

In value terms, Poland ($X) remains the key foreign market for agricultural harvesters exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average agricultural harvester export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price recorded a moderate increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Harvester Imports

Imports into Croatia

For the third consecutive year, Croatia recorded growth in supplies from abroad of agricultural harvesters, which increased by X% to X units in 2022. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, agricultural harvester imports skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), Germany (X units) and Hungary (X units) were the main suppliers of agricultural harvester imports to Croatia, together comprising X% of total imports. Turkey, France, Poland, Austria and Slovenia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest agricultural harvester suppliers to Croatia were Germany ($X), Hungary ($X) and Poland ($X), together accounting for X% of total imports. Italy, France, Austria, Slovenia and Turkey lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 agricultural harvester import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, agricultural harvester import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 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 Austria ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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