Croatia: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Croatia

The Croatian market for spray guns and similar appliances amounted to $X in 2022, picking up by 5.4% against the previous year. Overall, consumption showed strong growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Spray Guns And Similar Appliances in Croatia

In value terms, spray guns and similar appliances production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production saw a deep slump. The pace of growth appeared the most rapid in 2021 when the production volume increased by 11% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Spray Guns And Similar Appliances

Exports from Croatia

After two years of growth, overseas shipments of spray guns and similar appliances decreased by -22.6% to X units in 2022. Overall, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, spray guns and similar appliances exports contracted to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 96%. The exports peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

Bosnia and Herzegovina (X units), Slovenia (X units) and Serbia (X units) were the main destinations of spray guns and similar appliances exports from Croatia, with a combined 82% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +20.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spray guns and similar appliances exported from Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Serbia ($X), with a combined 70% share of total exports.

Among the main countries of destination, Slovenia, with a CAGR of +32.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for spray guns and similar appliances stood at $X per unit in 2022, increasing by 24% against the previous year. Overall, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 132% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 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 Poland ($X per unit), while the average price for exports to Italy ($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 Spain (+61.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Croatia

In 2022, imports of spray guns and similar appliances into Croatia shrank modestly to X units, remaining stable against 2021. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +8.0% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 61%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances imports reached $X in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 77%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), Germany (X units) and Belgium (X units) were the main suppliers of spray guns and similar appliances imports to Croatia, together accounting for 71% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +74.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) constituted the largest spray guns and similar appliances suppliers to Croatia, together accounting for 68% of total imports.

Among the main suppliers, Belgium, with a CAGR of +69.6%, saw the highest growth rate of 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

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, rising by 3.8% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spray guns and similar appliances import price increased by +64.0% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 15%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :