Croatia: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Croatia

The Croatian continuous-action elevators and conveyors market expanded sharply to $X in 2023, growing by X% against the previous year. Overall, consumption posted buoyant growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Continuous-Action Elevators And Conveyors in Croatia

In value terms, continuous-action elevators and conveyors production reduced to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Croatia

In 2023, shipments abroad of continuous-action elevators and conveyors increased by X% to X units, rising for the fifth consecutive year after three years of decline. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to see steady growth in years to come.

In value terms, continuous-action elevators and conveyors exports soared to $X in 2023. Over the period under review, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X units), Germany (X units) and Serbia (X units) were the main destinations of continuous-action elevators and conveyors exports from Croatia, with a combined X% share of total exports. Bosnia and Herzegovina, France, Romania, the United States, Slovenia, Cote d'Ivoire and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and France ($X) appeared to be the largest markets for continuous-action elevators and conveyors exported from Croatia worldwide, together accounting for X% of total exports. Romania, Serbia, Slovenia, the United States, Bosnia and Herzegovina, Cote d'Ivoire and Italy lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The average continuous-action elevators and conveyors export price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Croatia

In 2023, supplies from abroad of continuous-action elevators and conveyors increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, continuous-action elevators and conveyors imports skyrocketed to $X in 2023. In general, imports showed buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

Italy (X units), Poland (X units) and Germany (X units) were the main suppliers of continuous-action elevators and conveyors imports to Croatia, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest continuous-action elevators and conveyors suppliers to Croatia were Italy ($X), Germany ($X) and Slovenia ($X), with a combined X% share of total imports. Poland, Serbia, the Czech Republic, China, the Netherlands and Hungary lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Poland, with a CAGR of X%, 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

The average continuous-action elevators and conveyors import price stood at $X per unit in 2023, surging by X% against the previous year. Overall, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2023, 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 ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Serbia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform