Croatia: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in Croatia

The Croatian footwear making machinery market reduced dramatically to $X in 2022, shrinking by X% 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). Overall, consumption recorded a drastic downturn. Footwear making machinery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Footwear Making Machinery Exports

Exports from Croatia

In 2022, exports of machinery for making or repairing footwear from Croatia surged to X units, picking up by X% against 2021 figures. Over the period under review, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, footwear making machinery exports skyrocketed to $X in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Austria (X units) and Ukraine (X units) were the main destinations of footwear making machinery exports from Croatia, with a combined X% share of total exports. Bosnia and Herzegovina, Italy, France and Serbia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for footwear making machinery exported from Croatia were Germany ($X), Serbia ($X) and Austria ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Serbia, with a CAGR of X%, 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 2022, the average footwear making machinery export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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

Footwear Making Machinery Imports

Imports into Croatia

Footwear making machinery imports into Croatia soared to X units in 2022, increasing by X% against the year before. Over the period under review, imports showed a pronounced expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, footwear making machinery imports totaled $X in 2022. In general, imports posted a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Germany (X units) and Slovenia (X units) were the main suppliers of footwear making machinery imports to Croatia, with a combined X% share of total imports. Austria, France and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), Italy ($X) and Slovenia ($X) appeared to be the largest footwear making machinery suppliers to Croatia, together accounting for X% of total imports. Austria, France and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Austria, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average footwear making machinery import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per unit in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Bosnia and Herzegovina ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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