Croatia: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Croatia

For the fourth year in a row, the Croatian non-numerically controlled drilling machine market recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption, however, posted a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Croatia

In value terms, non-numerically controlled drilling machine production rose sharply to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Croatia

In 2023, shipments abroad of non-numerically controlled drilling machines for working metal was finally on the rise to reach X units for the first time since 2017, thus ending a five-year declining trend. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, non-numerically controlled drilling machine exports dropped to $X in 2023. In general, exports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Italy (X units), Montenegro (X units) and Slovenia (X units) were the main destinations of non-numerically controlled drilling machine exports from Croatia, together accounting for X% of total exports.

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

In value terms, Italy ($X), Slovenia ($X) and Bosnia and Herzegovina ($X) appeared to be the largest markets for non-numerically controlled drilling machine exported from Croatia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Italy, with a CAGR of X%, recorded 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 non-numerically controlled drilling machine export price stood at $X per unit in 2023, shrinking by X% against the previous year. In general, the export price faced a deep contraction. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Croatia

In 2023, the amount of non-numerically controlled drilling machines for working metal imported into Croatia contracted significantly to X units, which is down by X% against the year before. Over the period under review, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine imports rose markedly to $X in 2023. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Poland (X units) were the main suppliers of non-numerically controlled drilling machine imports to Croatia, with a combined X% share of total imports. Italy, the Netherlands, Austria, Slovenia and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-numerically controlled drilling machine suppliers to Croatia were Germany ($X), China ($X) and Italy ($X), together accounting for X% of total imports. Poland, Austria, the Netherlands, Slovenia and the UK lagged somewhat behind, together accounting for 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

In 2023, the average non-numerically controlled drilling machine import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price enjoyed slight growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2023, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform