Croatia - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in Croatia - 2023
Contents:
- Machinery for Packing Price in Croatia (CIF) - 2023
- Machinery for Packing Price in Croatia (FOB) - 2022
- Machinery for Packing Imports in Croatia
- Machinery for Packing Exports in Croatia
Machinery for Packing Price in Croatia (CIF) - 2023
The average machinery for packing import price stood at $724 per unit in August 2023, falling by -37.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 148% against the previous month. Over the period under review, average import prices attained the maximum at $1,338 per unit in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was India ($1,367 per unit), while the price for San Marino ($280 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by India (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery for Packing Price in Croatia (FOB) - 2022
In 2022, the average machinery for packing export price amounted to $539 per unit, surging by 20% against the previous year. Overall, the export price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2020 when the average export price increased by 157% against the previous year. As a result, the export price reached the peak level of $1,583 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,044 per unit), while the average price for exports to Slovenia ($238 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 Belgium (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Machinery for Packing Imports in Croatia
In 2022, overseas purchases of machinery for packing or wrapping decreased by -46% to 29K units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of 54K units, and then dropped dramatically in the following year.
In value terms, machinery for packing imports contracted sharply to $22M in 2022. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 65%. As a result, imports attained the peak of $46M, and then reduced sharply in the following year.
Import of Machinery for Packing in Croatia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 9.7 | 10.7 | 19.5 | 6.9 | -10.7% |
Germany | 11.8 | 7.9 | 6.5 | 5.6 | -22.0% |
South Africa | N/A | N/A | N/A | 3.9 | 0% |
Slovenia | 3.2 | 2.7 | 2.9 | 1.9 | -16.0% |
Serbia | 0.6 | 1.9 | 2.7 | 1.1 | 22.4% |
San Marino | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
Bosnia and Herzegovina | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
Others | 4.6 | 4.2 | 13.7 | 2.2 | -21.8% |
Total | 30.4 | 27.5 | 45.5 | 22.3 | -9.8% |
Top Suppliers of Machinery for Packing to Croatia in 2022:
- Italy (8.1K units)
- Bosnia and Herzegovina (4.6K units)
- Germany (4.0K units)
- Slovenia (2.9K units)
- Serbia (2.3K units)
- South Africa (2.0K units)
- San Marino (1.2K units)
Machinery for Packing Exports in Croatia
In 2022, after three years of growth, there was significant decline in overseas shipments of machinery for packing or wrapping, when their volume decreased by -5.5% to 15K units. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked at 16K units in 2021, and then contracted in the following year.
In value terms, machinery for packing exports rose rapidly to $8.2M in 2022. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 256% against the previous year. As a result, the exports attained the peak of $20M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Machinery for Packing in Croatia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.4 | 0.3 | N/A | 4.2 | 119.0% |
Germany | 0.7 | 0.5 | 2.0 | 1.6 | 31.7% |
Austria | N/A | N/A | N/A | 0.5 | 0% |
Bosnia and Herzegovina | 2.3 | 0.5 | 0.5 | 0.4 | -44.2% |
Czech Republic | N/A | N/A | N/A | 0.3 | 0% |
Serbia | 0.7 | 0.3 | 0.3 | 0.3 | -24.6% |
Slovenia | 1.2 | 0.4 | 0.5 | 0.3 | -37.0% |
China | N/A | 0.7 | 0.8 | N/A | 14.3% |
Kenya | N/A | 1.1 | N/A | N/A | 0% |
Romania | N/A | 10.6 | N/A | N/A | 0% |
Pakistan | N/A | 5.4 | N/A | N/A | 0% |
Others | 0.3 | 0.4 | 3.0 | 0.4 | 10.1% |
Total | 5.7 | 20.2 | 7.2 | 8.2 | 12.9% |
Top Export Markets for Machinery for Packing from Croatia in 2022:
- China (undefinedK units)
- United States (4.9K units)
- Germany (4.4K units)
- Slovenia (1.2K units)
- Bosnia and Herzegovina (1.2K units)
- Austria (1.1K units)
- Czech Republic (0.7K units)
- Serbia (0.7K units)
This report provides an in-depth analysis of the machinery for packing 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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