Price for Navigational Instruments and Appliances; Parts and Accessories in Croatia - 2023

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Croatia (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Croatia (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Croatia
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Croatia

Price for Navigational Instruments and Appliances; Parts and Accessories in Croatia (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $179,104 per ton, dropping by -16.8% against the previous year. Overall, the import price saw a mild descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 26% against the previous year. The import price peaked at $218,033 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($465,786 per ton), while the price for Belgium ($79,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Croatia (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $252,644 per ton in 2022, with an increase of 30% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. As a result, the export price attained the peak level of $674,836 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,067,250 per ton), while the average price for exports to Poland ($114,348 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Croatia

In 2022, the amount of navigational instruments and appliances; parts and accessorieses imported into Croatia expanded remarkably to 6.8 tons, surging by 14% against 2021. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 104%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of navigational instruments and appliances; parts and accessorieses contracted to $1.2M in 2022. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 108%. As a result, imports attained the peak of $1.3M, and then declined in the following year.

Import of Navigational Instruments and Appliances; Parts and Accessories in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands53529557572810.8%
Sweden7.413.5206148171.4%
France43.477.712781.923.6%
Italy65.959.576.964.9-0.5%
Germany18.852.243.762.849.5%
Norway18.930.233.953.441.4%
United Kingdom39.631.784.42.1-62.4%
Russia44.6N/A1.3N/A-82.9%
Others53.554.112868.48.5%
Total8286141,2771,20913.4%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Croatia in 2022:

  1. Netherlands (4007.0 kg)
  2. Sweden (1255.0 kg)
  3. France (540.0 kg)
  4. Italy (309.0 kg)
  5. Germany (240.0 kg)
  6. Norway (154.0 kg)
  7. United Kingdom (5.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Croatia

In 2022, approx. 1.6 tons of navigational instruments and appliances; parts and accessorieses were exported from Croatia; shrinking by -11% compared with the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 1.8 tons, and then fell in the following year.

In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $403K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +48.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Navigational Instruments and Appliances; Parts and Accessories in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia79.966.298.378.6-0.5%
Germany36.834.110174.726.6%
United Arab Emirates26.71014.158.730.0%
United States50.52.75.451.20.5%
Montenegro22.611.817.431.011.1%
South AfricaN/AN/AN/A23.10%
NetherlandsN/AN/AN/A17.10%
Poland0.3N/A1.810.5227.1%
Czech RepublicN/A1.539.00.3-55.3%
Others56.254.781.558.01.1%
Total27327234840313.9%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Croatia in 2022:

  1. Germany (600.0 kg)
  2. Slovenia (357.0 kg)
  3. Montenegro (165.0 kg)
  4. Netherlands (109.0 kg)
  5. Poland (92.0 kg)
  6. South Africa (71.0 kg)
  7. United Arab Emirates (68.0 kg)
  8. United States (48.0 kg)
  9. Czech Republic (2.0 kg)

Source: IndexBox Market Intelligence Platform

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