Croatia: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2025

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Croatia

In 2022, the Croatian market for pulley tackle and hoists powered by an electric motor increased by 3% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, showed resilient growth. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Pulley Tackle And Hoists Powered By An Electric Motor in Croatia

In value terms, production of pulley tackle and hoists powered by an electric motor fell dramatically to $X in 2022 estimated in export price. In general, production faced a drastic downturn. The pace of growth appeared the most rapid in 2015 when the production volume increased by 93%. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth failed to regain momentum.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports from Croatia

In 2022, overseas shipments of pulley tackle and hoists powered by an electric motor increased by 4.2% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 505% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of pulley tackle and hoists powered by an electric motor skyrocketed to $X in 2022. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 273%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X units), Bosnia and Herzegovina (X units) and Serbia (X units) were the main destinations of exports of pulley tackle and hoists powered by an electric motor from Croatia, together accounting for 76% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +65.1%), while the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X) remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Croatia, comprising 48% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 21% share of total exports. It was followed by Slovenia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Serbia stood at +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+56.5% per year) and Slovenia (+41.9% per year).

Export Prices by Country

The average export price for pulley tackle and hoists powered by an electric motor stood at $X per unit in 2022, increasing by 12% against the previous year. In general, the export price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Hungary ($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 Russia (+21.5%), while the prices for the other major destinations experienced a decline.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports into Croatia

After two years of growth, purchases abroad of pulley tackle and hoists powered by an electric motor decreased by -6% to X units in 2022. Overall, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 92%. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, imports of pulley tackle and hoists powered by an electric motor surged to $X in 2022. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 104%. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Slovenia (X units) were the main suppliers of imports of pulley tackle and hoists powered by an electric motor to Croatia, with a combined 87% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +32.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Croatia, comprising 37% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports. It was followed by Slovenia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.1% per year) and Slovenia (-3.0% per year).

Import Prices by Country

In 2022, the average import price for pulley tackle and hoists powered by an electric motor amounted to $X per unit, increasing by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 33% against the previous year. Over the period under review, average import prices attained the maximum 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 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 (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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