Croatia: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in Croatia

The Croatian market for machinery for filtering or purifying gases soared to $X in 2023, growing by X% against the previous year. Over the period under review, consumption enjoyed a prominent expansion. Over the period under review, the market attained the maximum level in 2023 and is likely to see steady growth in the near future.

Production of Machinery for Filtering or Purifying Gases in Croatia

In value terms, production of machinery for filtering or purifying gases shrank remarkably to $X in 2023 estimated in export price. In general, production continues to indicate tangible growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

Exports of Machinery for Filtering or Purifying Gases

Exports from Croatia

In 2023, the amount of machinery for filtering or purifying gases exported from Croatia reached X units, approximately mirroring 2022 figures. Over the period under review, exports showed a pronounced increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of machinery for filtering or purifying gases skyrocketed to $X in 2023. Overall, exports continue to indicate strong growth. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Poland (X units), Serbia (X units) and Slovenia (X units) were the main destinations of exports of machinery for filtering or purifying gases from Croatia, together accounting for X% of total exports. Ukraine, Taiwan (Chinese), Bosnia and Herzegovina, Italy, Germany, the Netherlands, France, Switzerland, North Macedonia and Austria lagged somewhat behind, together accounting for a further X%.

From 2020 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Serbia ($X) and Slovenia ($X) constituted the largest markets for machinery for filtering or purifying gases exported from Croatia worldwide, with a combined X% share of total exports. Poland, Bosnia and Herzegovina, Italy, Germany, Switzerland, Austria, the Netherlands, Ukraine, North Macedonia and France lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to 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 export price for machinery for filtering or purifying gases stood at $X per unit in 2023, increasing by X% against the previous year. Over the period from 2020 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2020 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Filtering or Purifying Gases

Imports into Croatia

In 2023, imports of machinery for filtering or purifying gases into Croatia expanded markedly to X units, with an increase of X% on the year before. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machinery for filtering or purifying gases surged to $X in 2023. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2023 and are likely to see gradual growth in years to come.

Imports by Country

Italy (X units), Germany (X units) and Poland (X units) were the main suppliers of imports of machinery for filtering or purifying gases to Croatia, with a combined X% share of total imports. Slovenia, Turkey, China, Hungary, Slovakia, Austria, Lithuania, the Netherlands, Bosnia and Herzegovina and France lagged somewhat behind, together accounting for a further X%.

From 2020 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Slovenia ($X) were the largest machinery for filtering or purifying gases suppliers to Croatia, together comprising X% of total imports. Poland, Hungary, Austria, China, the Netherlands, Turkey, Slovakia, France, Lithuania and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X%.

Bosnia and Herzegovina, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 import price for machinery for filtering or purifying gases amounted to $X per unit, growing by X% against the previous year. In general, import price indicated a buoyant increase from 2020 to 2023: its price increased at an average annual rate of X% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for machinery for filtering or purifying gases increased by X% against 2021 indices. The pace of growth was the most pronounced in 2022 when the average import price increased by X%. The import price peaked in 2023 and is likely to see gradual growth in the immediate term.

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

From 2020 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform