Croatia: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Croatia

In 2021, the Croatian metal deburring machine market decreased by -10.7% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, continues to indicate a tangible increase. Metal deburring machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Metal Deburring Machine Exports

Exports from Croatia

Metal deburring machine exports from Croatia soared to X units in 2021, growing by 115% against the year before. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 313%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, metal deburring machine exports soared to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 698% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units) was the main destination for metal deburring machine exports from Croatia, with a 33% share of total exports. Moreover, metal deburring machine exports to Germany exceeded the volume sent to the second major destination, Hungary (X units), threefold. The third position in this ranking was taken by Bosnia and Herzegovina (X units), with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +87.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+4.7% per year) and Bosnia and Herzegovina (+38.3% per year).

In value terms, Germany ($X) remains the key foreign market for machines for deburring or polishing metal exports from Croatia, comprising 34% of total exports. The second position in the ranking was held by Hungary ($X), with a 12% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +102.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-37.5% per year) and France (+23.9% per year).

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, with a decrease of -44% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 151%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Estonia ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Turkey (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Croatia

In 2021, approx. X units of machines for deburring or polishing metal were imported into Croatia; growing by 24% compared with the previous year. Overall, imports showed strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 228% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, metal deburring machine imports reached $X in 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 493% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal deburring machine to Croatia, accounting for a 47% share of total imports. Moreover, metal deburring machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The United States (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+34.7% per year) and the United States (+72.3% per year).

In value terms, Italy ($X) constituted the largest supplier of machines for deburring or polishing metal to Croatia, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +38.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+84.0% per year) and Germany (+9.1% per year).

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, dropping by -11.5% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2013 an increase of 215% against the previous year. The import price peaked at $X per unit in 2020, and then dropped in the following year.

Prices varied noticeably country of origin: 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 the Netherlands (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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