Croatia - In-Hand Motor Grinders, Sanders and Planers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCroatia: Market for In-Hand Motor Grinders, Sanders And Planers 2024
Market Size for In-Hand Motor Grinders, Sanders And Planers in Croatia
For the fourth year in a row, the Croatian market for in-hand motor grinders, sanders and planers recorded growth in sales value, which increased by 27% to $X in 2021. Over the period under review, consumption continues to indicate a remarkable increase. Consumption of peaked in 2021 and is likely to continue growth in years to come.
Exports of In-Hand Motor Grinders, Sanders And Planers
Exports from Croatia
In 2021, after two years of decline, there was significant growth in overseas shipments of in-hand motor grinders, sanders and planers, when their volume increased by 22% to X units. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 168% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in years to come.
In value terms, exports of in-hand motor grinders, sanders and planers soared to $X in 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 92% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Slovenia (X units), Bosnia and Herzegovina (X units) and Germany (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from Croatia, together comprising 86% of total exports. Montenegro, Italy and Serbia lagged somewhat behind, together comprising a further 8.4%.
From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +120.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Germany ($X) constituted the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from Croatia worldwide, together comprising 83% of total exports. Italy, Montenegro and Serbia lagged somewhat behind, together accounting for a further 9.9%.
Among the main countries of destination, Italy, with a CAGR of +105.8%, saw 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
The average export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, with an increase of 5.9% against the previous year. In general, the export price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2014 when the average export price increased by 32% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Montenegro ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of In-Hand Motor Grinders, Sanders And Planers
Imports into Croatia
For the fourth year in a row, Croatia recorded growth in overseas purchases of in-hand motor grinders, sanders and planers, which increased by 20% to X units in 2021. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 79%. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the immediate term.
In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. In general, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Germany (X units), China (X units) and Slovenia (X units) were the main suppliers of imports of in-hand motor grinders, sanders and planers to Croatia, with a combined 77% share of total imports. Hungary, Poland, Austria and Italy lagged somewhat behind, together accounting for a further 18%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +189.1%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Hungary ($X) and China ($X) were the largest electromechanical tools for working in the hand, with self-contained electric motor suppliers to Croatia, together accounting for 63% of total imports. Slovenia, Italy, Poland and Austria lagged somewhat behind, together comprising a further 28%.
Among the main suppliers, Poland, with a CAGR of +185.6%, recorded the highest growth rate of 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
The average import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, with an increase of 9% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 71%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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