Croatia: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Croatia

In 2021, the Croatian metal sawing machine market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a deep reduction. Metal sawing machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Metal Sawing Machine Production in Croatia

In value terms, metal sawing machine production stood at $X in 2021 estimated in export price. In general, production showed a sharp curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 79% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Metal Sawing Machine Exports

Exports from Croatia

In 2021, overseas shipments of sawing or cutting-off machines for working metal increased by 17% to X units, rising for the second year in a row after two years of decline. Overall, exports enjoyed a perceptible increase. The pace of growth was the most pronounced in 2016 with an increase of 166%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, metal sawing machine exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a slight setback. The pace of growth appeared the most rapid in 2016 when exports increased by 97% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X units), Kosovo (X units) and France (X units) were the main destinations of metal sawing machine exports from Croatia, with a combined 72% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +67.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal sawing machine exported from Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Germany ($X), together accounting for 67% of total exports.

Bosnia and Herzegovina, with a CAGR of +51.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal sawing machine export price amounted to $X per unit, approximately mirroring the previous year. In general, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 184%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Sawing Machine Imports

Imports into Croatia

In 2021, metal sawing machine imports into Croatia soared to X units, with an increase of 22% against the year before. In general, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 179% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal sawing machine imports declined to $X in 2021. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 143%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest metal sawing machine supplier to Croatia, accounting for a 34% share of total imports. Moreover, metal sawing machine imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. Italy (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+43.4% per year) and Italy (+10.3% per year).

In value terms, the largest metal sawing machine suppliers to Croatia were Austria ($X), Germany ($X) and Italy ($X), together comprising 66% of total imports. Taiwan (Chinese), Spain, China, the Czech Republic and Slovenia lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, Spain, with a CAGR of +63.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal sawing machine import price stood at $X per unit in 2021, declining by -25.8% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+5.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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