Croatia: Motor Grader Market 2024

Motor Grader Market Size in Croatia

The Croatian motor grader market amounted to $X in 2022, surging by 7.8% against the previous year. Overall, consumption recorded a resilient increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Motor Grader Production in Croatia

In value terms, motor grader production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 9.5% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Motor Grader Exports

Exports from Croatia

In 2022, after two years of growth, there was significant decline in shipments abroad of motor graders and levellers, when their volume decreased by -30.3% to X units. Over the period under review, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 660% against the previous year. The exports peaked at X units in 2021, and then declined remarkably in the following year.

In value terms, motor grader exports shrank significantly to $X in 2022. Overall, exports, however, saw perceptible growth. The pace of growth was the most pronounced in 2020 with an increase of 1,386%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Serbia (X units) was the main destination for motor grader exports from Croatia, with a 89% share of total exports. Moreover, motor grader exports to Serbia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia amounted to +45.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-2.2% per year) and Slovenia (0.0% per year).

In value terms, the largest markets for motor grader exported from Croatia were Serbia ($X), Bosnia and Herzegovina ($X) and Slovenia ($X).

Among the main countries of destination, Serbia, with a CAGR of +26.7%, saw 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

The average motor grader export price stood at $X per unit in 2022, with an increase of 15% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 108% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Serbia ($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 Austria (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Grader Imports

Imports into Croatia

Motor grader imports into Croatia skyrocketed to X units in 2022, picking up by 24% compared with the previous year. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 3,900%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, motor grader imports surged to $X in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 1,588% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Slovenia (X units) constituted the largest motor grader supplier to Croatia, with a 52% share of total imports. Moreover, motor grader imports from Slovenia exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovenia stood at +40.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.9% per year) and the Netherlands (-20.6% per year).

In value terms, Slovenia ($X) constituted the largest supplier of motor graders and levellers to Croatia, comprising 73% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 6.9% share of total imports. It was followed by Austria, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value from Slovenia totaled +28.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-13.8% per year) and Austria (+8.5% per year).

Import Prices by Country

In 2022, the average motor grader import price amounted to $X per unit, rising by 110% against the previous year. Overall, the import price showed a buoyant expansion. The growth pace was the most rapid in 2014 when the average import price increased by 178%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Slovenia ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+63.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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