Croatia: Hedge Shear Market 2025

Hedge Shear Market Size in Croatia

For the fourth consecutive year, the Croatian hedge shear market recorded growth in sales value, which increased by 13% to $X in 2021. Overall, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +68.8% against 2014 indices. Hedge shear consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Hedge Shear Exports

Exports from Croatia

In 2021, approx. X tons of hedge shears and two-handed pruning shears were exported from Croatia; stabilizing at the year before. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 257%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, hedge shear exports reduced slightly to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 158%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Slovenia (X tons) was the main destination for hedge shear exports from Croatia, with a 60% share of total exports. Moreover, hedge shear exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X kg), twofold. The third position in this ranking was held by Montenegro (X kg), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia amounted to +34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+13.9% per year) and Montenegro (+73.9% per year).

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Montenegro ($X) were the largest markets for hedge shear exported from Croatia worldwide, with a combined 91% share of total exports.

In terms of the main countries of destination, Montenegro, with a CAGR of +81.5%, recorded the highest rates of growth with regard to 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 2021, the average hedge shear export price amounted to $X per ton, approximately equating the previous year. In general, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hedge shear export price increased by +24.2% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 155% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hedge Shear Imports

Imports into Croatia

In 2021, approx. X tons of hedge shears and two-handed pruning shears were imported into Croatia; with an increase of 1.9% compared with 2020. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +31.2% against 2017 indices. The growth pace was the most rapid in 2016 when imports increased by 26%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, hedge shear imports surged to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.7% against 2014 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 36%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of hedge shear imports to Croatia, together accounting for 78% of total imports. The Netherlands, Austria, Finland, Slovakia and Italy lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +67.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hedge shear suppliers to Croatia were Germany ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 61% share of total imports. These countries were followed by Austria, Finland, the Netherlands, Italy and Slovakia, which together accounted for a further 30%.

Austria, with a CAGR of +89.6%, saw the highest rates of growth with regard to 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 hedge shear import price stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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