Croatia: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Croatia

The Croatian off-highway dumper market amounted to $X.3B in 2022, with an increase of X% against the previous year. Overall, consumption saw prominent growth. As a result, consumption reached the peak level of $X.9B. From 2021 to 2022, the growth of the market failed to regain momentum.

Off-Highway Dumper Production in Croatia

In value terms, off-highway dumper production expanded markedly to $X.9B in 2022 estimated in export price. Over the period under review, production recorded strong growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X.9B. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Off-Highway Dumper Exports

Exports from Croatia

In 2022, after two years of growth, there was significant decline in shipments abroad of dumpers for off-highway use, when their volume decreased by X% to X units. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, off-highway dumper exports fell to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Bosnia and Herzegovina (X units), Serbia (X units) and Slovenia (X units) were the main destinations of off-highway dumper exports from Croatia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X) remains the key foreign market for dumpers for off-highway use exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Serbia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Slovenia (X% per year).

Export Prices by Country

The average off-highway dumper export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood 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 Serbia ($X per unit), while the average price for exports to the Czech Republic ($X 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 Serbia (X%), while the prices for the other major destinations experienced a decline.

Off-Highway Dumper Imports

Imports into Croatia

In 2022, the amount of dumpers for off-highway use imported into Croatia surged to X units, jumping by X% against 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, off-highway dumper imports skyrocketed to $X in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Austria (X units), Germany (X units) and Slovenia (X units) were the main suppliers of off-highway dumper imports to Croatia, together comprising X% of total imports. The UK, Serbia, France, Bosnia and Herzegovina, the Netherlands, Belgium, Spain, Switzerland and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest off-highway dumper suppliers to Croatia were Germany ($X), Austria ($X) and Belgium ($X), together comprising X% of total imports. Slovenia, the UK, Serbia, the Netherlands, France, Spain, Bosnia and Herzegovina, Switzerland and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Serbia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average off-highway dumper import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the import price recorded a noticeable increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Belgium ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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