Croatia: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Croatia

In 2021, after two years of growth, there was significant decline in the Croatian motor vehicle engine market, when its value decreased by -12.6% to $X. Overall, consumption, however, saw a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2020, and then fell in the following year.

Motor Vehicle Engine Production in Croatia

In value terms, motor vehicle engine production shrank to $X in 2021 estimated in export price. In general, production, however, saw a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 133%. Over the period under review, production attained the peak level at $X in 2020, and then declined in the following year.

Motor Vehicle Engine Exports

Exports from Croatia

In 2021, the amount of motor vehicle engines (spark-ignition) exported from Croatia surged to X tons, jumping by 84% compared with the previous year's figure. In general, exports, however, continue to indicate a precipitous descent. The growth pace was the most rapid in 2020 when exports increased by 290% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, motor vehicle engine exports surged to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 75%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Montenegro (X tons) was the main destination for motor vehicle engine exports from Croatia, with a 60% share of total exports. Moreover, motor vehicle engine exports to Montenegro exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), fourfold. Slovakia (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Montenegro amounted to +87.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+41.2% per year) and Slovakia (-26.8% per year).

In value terms, Slovakia ($X) remains the key foreign market for motor vehicle engines (spark-ignition) exports from Croatia, comprising 60% of total exports. The second position in the ranking was taken by Austria ($X), with a 13% share of total exports. It was followed by Montenegro, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+5.8% per year) and Montenegro (+30.8% per year).

Export Prices by Country

The average motor vehicle engine export price stood at $X per ton in 2021, shrinking by -28.5% against the previous year. Overall, the export price, however, showed a significant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 344%. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Montenegro ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+85.7%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into Croatia

In 2021, overseas purchases of motor vehicle engines (spark-ignition) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 275%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports surged to $X in 2021. Over the period under review, imports showed a tangible expansion. The growth pace was the most rapid in 2017 with an increase of 152%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Hungary (X tons), Austria (X tons) and Poland (X tons) were the main suppliers of motor vehicle engine imports to Croatia, with a combined 42% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +49.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle engine suppliers to Croatia were Germany ($X), Austria ($X) and Hungary ($X), with a combined 64% share of total imports.

Austria, with a CAGR of +55.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motor vehicle engine import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price, however, saw resilient growth. The growth pace was the most rapid in 2014 when the average import price increased by 113%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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