Report Update Nov 1, 2024

Croatia - Lifting Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Lifting Equipment Market 2024

Lifting Equipment Market Size in Croatia

The Croatian lifting equipment market surged to $X in 2021, growing by 19% against the previous year. Overall, consumption saw significant growth. Lifting equipment consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Lifting Equipment Production in Croatia

In value terms, lifting equipment production soared to $X in 2021 estimated in export price. Overall, production, however, saw significant growth. Lifting equipment production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Lifting Equipment Exports

Exports from Croatia

In 2021, shipments abroad of lifting equipment was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2013 when exports increased by 286%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, lifting equipment exports surged to $X in 2021. Overall, exports, however, continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 when exports increased by 300% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, the largest markets for lifting equipment exported from Croatia were Bosnia and Herzegovina ($X), Serbia ($X) and Montenegro ($X), together comprising 16% of total exports.

Serbia, with a CAGR of +126.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average lifting equipment export price stood at $X per unit in 2019, jumping by 76% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2019: its price increased at an average annual rate of +4.4% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2019, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+92.5%), while the prices for the other major destinations experienced more modest paces of growth.

Lifting Equipment Imports

Imports into Croatia

In 2021, approx. X units of lifting equipment were imported into Croatia; surging by 14% compared with the previous year. Overall, imports posted buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by 200% against the previous year. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, lifting equipment imports soared to $X in 2021. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 248%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume from No country was relatively modest.

In value terms, Austria ($X) constituted the largest supplier of lifting equipment to Croatia, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with a 21% share of total imports. It was followed by Slovenia, with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria stood at +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+22.6% per year) and Slovenia (+10.9% per year).

Import Prices by Country

The average lifting equipment import price stood at $X per unit in 2019, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 80%. As a result, import price reached the peak level of $X per unit. From 2016 to 2019, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Switzerland (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting equipment in the world?

The countries with the highest volumes of lifting equipment consumption in 2020 were China, the United States and India, with a combined 35% share of global consumption. These countries were followed by Italy, Japan, Germany, Brazil, Russia, Pakistan, Bangladesh, Indonesia, France and Ethiopia, which together accounted for a further 33%.

What are the largest producers of lifting equipment in the world?

China remains the largest lifting equipment producing country worldwide, comprising approx. 21% of total volume. Moreover, lifting equipment production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.1% share.

What are the leading suppliers of lifting equipment to Croatia?

In value terms, Austria constituted the largest supplier of lifting equipment to Croatia, comprising 58% of total imports. The second position in the ranking was occupied by Germany, with a 24% share of total imports. It was followed by Italy, with an 8% share.

What are the leading importers of lifting equipment from Croatia?

In value terms, Slovenia remains the key foreign market for lifting equipment exports from Croatia, comprising 57% of total exports. The second position in the ranking was occupied by Serbia, with a 15% share of total exports. It was followed by Slovakia, with a 13% share.

What is the average export price for lifting equipment in Croatia?

In 2020, the average lifting equipment export price amounted to $2,199 per unit, shrinking by -58.9% against the previous year.

What is the average import price for lifting equipment in Croatia?

The average lifting equipment import price stood at $2,529 per unit in 2020, falling by -42.6% against the previous year.

This report provides an in-depth analysis of the lifting equipment market 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:

Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023