Croatia: Pedestrian-Controlled Tractor Market 2024

Pedestrian-Controlled Tractor Market Size in Croatia

In 2022, after two years of growth, there was significant decline in the Croatian pedestrian-controlled tractor market, when its value decreased by -13.1% to $X. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Pedestrian-Controlled Tractor Production in Croatia

In value terms, pedestrian-controlled tractor production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Pedestrian-Controlled Tractor Exports

Exports from Croatia

In 2022, after two years of growth, there was significant decline in overseas shipments of pedestrian-controlled tractors, when their volume decreased by -24.5% to X units. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 50%. Over the period under review, the exports reached the maximum at X units in 2021, and then reduced rapidly in the following year.

In value terms, pedestrian-controlled tractor exports shrank notably to $X in 2022. Over the period under review, exports, however, recorded a mild expansion. The pace of growth was the most pronounced in 2013 with an increase of 49% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for pedestrian-controlled tractor exports from Croatia, with a 47% share of total exports. Moreover, pedestrian-controlled tractor exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X units), threefold. Slovenia (X units) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-2.1% per year) and Slovenia (+15.4% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for pedestrian-controlled tractors exports from Croatia, comprising 45% of total exports. The second position in the ranking was held by Slovenia ($X), with a 12% share of total exports. It was followed by Montenegro, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+15.0% per year) and Montenegro (+13.5% per year).

Export Prices by Country

In 2022, the average pedestrian-controlled tractor export price amounted to $X per unit, waning by -5.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 7.6% against the previous year. 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 foreign markets. In 2022, 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 Montenegro (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pedestrian-Controlled Tractor Imports

Imports into Croatia

After two years of growth, overseas purchases of pedestrian-controlled tractors decreased by -53.4% to X units in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 285% against the previous year. As a result, imports attained the peak of X units, and then declined remarkably in the following year.

In value terms, pedestrian-controlled tractor imports shrank remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 230% against the previous year. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, Romania (X units) constituted the largest pedestrian-controlled tractor supplier to Croatia, with a 86% share of total imports. Moreover, pedestrian-controlled tractor imports from Romania exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Romania amounted to +395.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.7% per year) and China (+37.8% per year).

In value terms, Romania ($X) constituted the largest supplier of pedestrian-controlled tractors to Croatia, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with a 21% share of total imports. It was followed by China, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania amounted to +325.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.0% per year) and China (+44.0% per year).

Import Prices by Country

In 2022, the average pedestrian-controlled tractor import price amounted to $X per unit, increasing by 6.4% against the previous year. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 75% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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