Report Update: May 1, 2024

Croatia - Air Conditioning Machines - Market Analysis, Forecast, Size, Trends and Insights

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Air Conditioning Machine Price in Croatia - 2023

Air Conditioning Machine Price in Croatia (CIF) - 2023

The average air conditioning machine import price stood at $365 per unit in July 2023, jumping by 24% against the previous month. Overall, import price indicated a noticeable increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, air conditioning machine import price increased by +25.2% against May 2023 indices. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 33% m-o-m. The import price peaked at $528 per unit in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,056 per unit), while the price for China ($213 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Air Conditioning Machine Price in Croatia (FOB) - 2023

The average air conditioning machine export price stood at $554 per unit in July 2023, growing by 9.3% against the previous month. Over the period under review, export price indicated tangible growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, air conditioning machine export price decreased by -37.3% against February 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 62% against the previous month. Over the period under review, the average export prices hit record highs at $885 per unit in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($1,092 per unit), while the average price for exports to Poland ($232 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Air Conditioning Machine Imports in Croatia

In 2022, approx. 270K units of air conditioning machines were imported into Croatia; surging by 8.3% compared with 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, air conditioning machine imports expanded sharply to $116M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Air Conditioning Machine in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	31.2	29.9	42.8	49.1	16.3%
Italy	15.2	16.7	15.2	18.6	7.0%
Germany	4.2	3.7	6.4	9.3	30.3%
Austria	9.7	6.3	6.9	6.8	-11.2%
Netherlands	4.4	3.2	4.2	6.4	13.3%
Slovakia	3.8	5.7	3.9	6.0	16.4%
Turkey	2.8	3.2	3.7	2.6	-2.4%
Hungary	7.0	1.7	1.7	2.4	-30.0%
Slovenia	2.3	3.4	4.2	2.2	-1.5%
Spain	1.9	1.9	2.4	1.7	-3.6%
Thailand	2.6	1.9	1.5	0.1	-66.2%
Others	7.7	7.6	9.0	10.3	10.2%
Total	92.7	85.1	102	116	7.8%

Top Suppliers of Air Conditioning Machine to Croatia in 2022:

China (150.0K units)
Italy (34.8K units)
Austria (18.6K units)
Germany (13.4K units)
Netherlands (12.9K units)
Turkey (8.2K units)
Slovakia (5.8K units)
Hungary (5.4K units)
Slovenia (4.3K units)
Spain (3.7K units)
Thailand (0.3K units)

Air Conditioning Machine Exports in Croatia

Air conditioning machine exports from Croatia surged to 150K units in 2022, increasing by 60% on 2021 figures. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, air conditioning machine exports skyrocketed to $93M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Air Conditioning Machine in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	2.2	3.6	2.6	15.3	90.9%
Israel	N/A	N/A	N/A	10.5	0%
Germany	8.9	7.3	10.7	6.9	-8.1%
Bosnia and Herzegovina	2.1	1.8	2.7	5.1	34.4%
Italy	1.2	0.9	1.7	4.9	59.8%
Slovenia	3.2	2.1	3.7	4.9	15.3%
United Kingdom	0.5	0.8	1.4	4.6	109.5%
Serbia	0.8	1.2	2.7	4.5	77.8%
Austria	2.6	2.7	3.5	3.1	6.0%
Romania	2.1	2.1	2.0	3.0	12.6%
Slovakia	1.8	1.7	1.9	2.7	14.5%
Hungary	2.0	0.8	1.6	2.3	4.8%
Poland	1.5	1.7	1.8	1.9	8.2%
Others	10.5	14.3	18.7	23.2	30.2%
Total	39.5	41.0	55.1	92.8	32.9%

Top Export Markets for Air Conditioning Machine from Croatia in 2022:

Netherlands (15.1K units)
Slovenia (14.0K units)
Bosnia and Herzegovina (13.5K units)
Germany (10.8K units)
Italy (10.7K units)
Slovakia (8.5K units)
Serbia (7.8K units)
Israel (7.8K units)
Hungary (7.0K units)
Romania (6.2K units)
United Kingdom (6.0K units)
Poland (5.6K units)
Austria (5.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the air conditioning machine 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems
Prodcom 28251240 - Air conditioning machines of a kind used in motor vehicles
Prodcom 28251250 - Air conditioning machines with refrigeration unit (excluding those used in motor vehicles, self-contained or split-systems machines)
Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units

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