Report Update Nov 1, 2024

Croatia - Motor Vehicles for Travelling on Snow or Golf Cars - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in Croatia

In 2022, after four years of growth, there was significant decline in the Croatian snow motor vehicle market, when its value decreased by -38.1% to $X. Overall, consumption, however, recorded a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then declined notably in the following year.

Snow Motor Vehicle Exports

Exports from Croatia

Snow motor vehicle exports from Croatia surged to X units in 2022, increasing by 133% compared with 2021 figures. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 1,050% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, snow motor vehicle exports surged to $X in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 29,787%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for snow motor vehicle exports from Croatia, accounting for a 71% share of total exports. Moreover, snow motor vehicle exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina amounted to +3.2%.

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

In terms of the main countries of destination, Bosnia and Herzegovina, with a CAGR of +2.9%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average snow motor vehicle export price amounted to $X per unit, surging by 58% against the previous year. Overall, the export price recorded a significant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 3,636% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Bosnia and Herzegovina stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+59.8%), while the prices for the other major destinations experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports into Croatia

After ten years of growth, supplies from abroad of motor vehicles for travelling on snow or golf cars decreased by -50.7% to X units in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. As a result, imports reached the peak of X units, and then shrank remarkably in the following year.

In value terms, snow motor vehicle imports shrank to $X in 2022. In general, imports, however, posted resilient growth. The growth pace was the most rapid in 2014 with an increase of 78%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest snow motor vehicle supplier to Croatia, with a 61% share of total imports. Moreover, snow motor vehicle imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. Austria (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +31.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.7% per year) and Austria (+40.3% per year).

In value terms, the United States ($X), Austria ($X) and China ($X) appeared to be the largest snow motor vehicle suppliers to Croatia, together comprising 71% of total imports. Denmark, Slovenia, Germany and Poland lagged somewhat behind, together accounting for a further 28%.

Denmark, with a CAGR of +271.6%, recorded the highest rates of growth with regard to 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 snow motor vehicle import price stood at $X per unit in 2022, rising by 89% against the previous year. Overall, the import price, however, recorded a perceptible downturn. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+802.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for motor vehicles for travelling on snow or golf cars in the world?

China remains the largest snow motor vehicle consuming country worldwide, comprising approx. 63% of total volume. Moreover, snow motor vehicle consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. The third position in this ranking was occupied by the UK, with a 5.6% share.

What are the largest producers of motor vehicles for travelling on snow or golf cars in the world?

The country with the largest volume of snow motor vehicle production was China, comprising approx. 87% of total volume. Moreover, snow motor vehicle production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. The third position in this ranking was occupied by the UK, with a 2.3% share.

What are the leading suppliers of motor vehicles for travelling on snow or golf cars to Croatia?

In value terms, the largest snow motor vehicle suppliers to Croatia were the United States, Germany and Austria, with a combined 85% share of total imports.

What are the leading importers of motor vehicles for travelling on snow or golf cars from Croatia?

In value terms, Serbia remains the key foreign market for snow motor vehicle exports from Croatia, comprising 77% of total exports. The second position in the ranking was occupied by Montenegro, with a 23% share of total exports.

What is the average export price for motor vehicles for travelling on snow or golf cars in Croatia?

The average snow motor vehicle export price stood at $6,897 per unit in 2021, growing by 81% against the previous year.

What is the average import price for motor vehicles for travelling on snow or golf cars in Croatia?

The average snow motor vehicle import price stood at $2,175 per unit in 2021, shrinking by -43.2% against the previous year.

This report provides an in-depth analysis of the snow motor vehicle market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023