Croatia: Market for Machines For Preparing, Weaving And Knitting Textiles 2025

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Croatia

For the third year in a row, the Croatian market for machines for preparing, weaving and knitting textiles recorded growth in sales value, which increased by 20% to $X in 2021. Over the period under review, consumption saw a slight expansion. Textile weaving and knitting machinery consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Machines For Preparing, Weaving And Knitting Textiles in Croatia

In value terms, textile weaving and knitting machinery production skyrocketed to $X in 2021 estimated in export price. In general, production showed a pronounced increase. The growth pace was the most rapid in 2019 with an increase of 126% against the previous year. Textile weaving and knitting machinery production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Croatia

In 2021, overseas shipments of machines for preparing, weaving and knitting textiles decreased by -31.1% to X units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 244%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, textile weaving and knitting machinery exports contracted notably to $X in 2021. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 219% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X units), Russia (X units) and South Korea (X units) were the main destinations of textile weaving and knitting machinery exports from Croatia, with a combined 72% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +173.6%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Italy ($X) and South Korea ($X) constituted the largest markets for textile weaving and knitting machinery exported from Croatia worldwide, with a combined 74% share of total exports.

South Korea, with a CAGR of +382.9%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, rising by 2.6% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 29%. As a result, the export price reached the peak level of $X per unit. 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 the United States ($X per unit), while the average price for exports to Serbia ($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 Spain (+94.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Croatia

Textile weaving and knitting machinery imports into Croatia declined sharply to X units in 2021, waning by -43.2% on the previous year's figure. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 130% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, textile weaving and knitting machinery imports dropped markedly to $X in 2021. Overall, imports faced a abrupt slump. The growth pace was the most rapid in 2018 with an increase of 101% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of textile weaving and knitting machinery imports to Croatia, together comprising 92% of total imports. These countries were followed by France and Slovenia, which together accounted for a further 7.8%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +17.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest textile weaving and knitting machinery suppliers to Croatia were Italy ($X), Germany ($X) and China ($X), together accounting for 90% of total imports. France and Slovenia lagged somewhat behind, together comprising a further 10%.

Among the main suppliers, France, with a CAGR of +17.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for machines for preparing, weaving and knitting textiles stood at $X per unit in 2021, with a decrease of -11.2% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 37% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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