Croatia: Linoleum Manufacturing Machine Market 2024

Linoleum Manufacturing Machine Market Size in Croatia

In 2022, the Croatian linoleum manufacturing machine market decreased by -47% to $X, falling for the second consecutive year after two years of growth. Overall, consumption continues to indicate a deep reduction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Linoleum Manufacturing Machine Exports

Exports from Croatia

In 2022, after three years of decline, there was significant growth in overseas shipments of machines used in the manufacture of linoleum or other floor coverings, when their volume increased by 1,736% to X units. Over the period under review, exports continue to indicate significant growth. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, linoleum manufacturing machine exports soared to $X in 2022. Overall, exports saw strong growth. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for linoleum manufacturing machine exports from Croatia, accounting for a 86% share of total exports. Moreover, linoleum manufacturing machine exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X units), more than tenfold. The third position in this ranking was taken by Brazil (X units), with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina amounted to +40.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+1.5% per year) and Brazil (0.0% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for machines used in the manufacture of linoleum or other floor coverings exports from Croatia, comprising 83% of total exports. The second position in the ranking was taken by Brazil ($X), with a 6.3% share of total exports. It was followed by Serbia, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina stood at +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (0.0% per year) and Serbia (-3.1% per year).

Export Prices by Country

The average linoleum manufacturing machine export price stood at $X per unit in 2022, falling by -4.4% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 an increase of 232%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Italy ($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 Italy (+1.0%), while the prices for the other major destinations experienced a decline.

Linoleum Manufacturing Machine Imports

Imports into Croatia

Linoleum manufacturing machine imports into Croatia soared to X units in 2022, with an increase of 77% against 2021. Overall, imports posted buoyant growth. The growth pace was the most rapid in 2017 with an increase of 80%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, linoleum manufacturing machine imports skyrocketed to $X in 2022. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 149% against the previous year. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of linoleum manufacturing machine to Croatia, with a 69% share of total imports. Moreover, linoleum manufacturing machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was held by Serbia (X units), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +35.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.2% per year) and Serbia (+34.9% per year).

In value terms, Germany ($X) constituted the largest supplier of machines used in the manufacture of linoleum or other floor coverings to Croatia, comprising 80% of total imports. The second position in the ranking was taken by China ($X), with a 7.6% share of total imports. It was followed by Italy, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +35.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+47.1% per year) and Italy (-16.4% per year).

Import Prices by Country

In 2022, the average linoleum manufacturing machine import price amounted to $X per unit, picking up by 37% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 50% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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