Circular saw blades market in Croatia

Earlier Report Observations

The market for circular saw blades in Croatia experienced a notable shift between 2018 and 2024. After declining from 78.2 tons in 2018 to 61.3 tons in 2020, market volume expanded sharply, reaching 122.6 tons in 2022 before moderating to around 103 tons in the following years.

This growth in domestic availability was driven by a sustained increase in imports, which rose from 90.3 tons to 115.7 tons, alongside a decline in domestic production from 16.2 tons to 11.6 tons. Falling exports, which peaked at 46.4 tons in 2020 and dropped to 24.0 tons by 2024, further supported the net supply of blades on the local market.

In value terms, the market demonstrated more consistent growth, rising from 2.1 million USD in 2018 to 2.9 million USD in 2024. This indicates that the market's monetary expansion continued even as physical volume stabilized, pointing to changes in the product mix or price levels over the period.

Production circular saw blades in Croatia

In value, 2017-2020, K $ US

Croatia's production of circular saw blades increased in 2020 after two years of decline. The output was valued at 694.5 K $ US, representing a 4.9% rise compared to the previous year. Over the period from 2017 to 2020, production decreased by 11.9%, with a compound annual growth rate (CAGR) of 4.1%. The lowest value was recorded in 2019 at 662.1 K $ US, while the largest decline occurred in 2018, at 10.5%.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

In kind, 2017-2020, kg

Croatia's production of circular saw blades in physical terms increased in 2020 following a two-year drop. The country produced 14 636 kg, reflecting a moderate 6.1% increase compared to the previous year. From 2017 to 2020, production decreased by 43.8%, with a compound annual growth rate (CAGR) of 17.5%. The minimum value was recorded in 2019 at 13 800 kg, and the largest decline took place in 2018, at 37.7%.

Annual dynamics of production in Croatia in kind, 2017-2020, kg

Exports circular saw blades from Croatia

Exports in kind, t

Croatia's export volume of circular saw blades increased for the second consecutive year in 2020, totaling 46.4 t and marking a significant gain of 28.5% year-over-year. Between 2017 and 2020, exports grew by 34.5%, equating to an annualized rate of 10.4%. The lowest value was recorded in 2018 at 28.4 t, which also saw the largest decline of 17.8%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, t

From 2017 to 2020, Germany and Bosnia and Herzegovina were the leading markets for Croatia's exports in kind, together accounting for 80.4% of total flows, with the remainder distributed among other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Croatia in kind, 2017-2020

Exports in value, K $ US

Croatia's exports of circular saw blades increased for the second consecutive year in 2020, reaching 1 138 K $ US, which marks a 13.3% rise from the previous year. Over the period from 2017 to 2020, exports grew by 44.5%, with a compound annual growth rate (CAGR) of 13.0%. The minimum value was recorded in 2018 at 785 K $ US, with the largest decline that year at 0.4%, while the largest increase occurred in 2019 at 28.0%.

Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US

From 2017 to 2020, Germany, Bosnia and Herzegovina, and Switzerland were the top buyers of circular saw blades from Croatia in value terms. Germany accounted for 63.8% of exports, Bosnia and Herzegovina for 14.6%, and Switzerland for 13.4%, jointly representing 91.8% of total exports in value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Croatia in value, 2017-2020

Imports circular saw blades to Croatia

Imports in kind, t

Croatia's import volume of circular saw blades increased in 2020 after a two-year fall, reaching 93.1 t, which is 9.1% more year-over-year. Over the period from 2017 to 2020, imports decreased by 14.9%, with a compound annual growth rate (CAGR) of 5.3%. The minimum value was recorded in 2019 at 85.3 t, and the largest decline occurred in 2018 at 17.4%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, t

Throughout 2017 to 2020, Germany, Italy, and Czechia remained the key partners for Croatia's imports in kind. Germany accounted for 26.7% of imports, Italy for 22.1%, and Czechia for 9.6%, together making up 58.5% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Croatia in kind, 2017-2020

Imports in value, K $ US

In 2020, foreign supplies of circular saw blades to Croatia amounted to 2 236 K $ US, indicating a 5.8% rise relative to the prior year. Between 2017 and 2020, imports increased by 12.6%, equating to an annualized rate of 4.0%. The largest decline was recorded in 2019 at 3.2%, while the largest increase occurred in 2018 at 10.0%.

Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US

From 2017 to 2020, Italy, Germany, and Slovenia continued to be the main suppliers of circular saw blades to Croatia in value terms. Italy accounted for 27.9% of imports, Germany for 23.8%, and Slovenia for 12.0%, jointly forming 63.7% of total imports in value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Croatia in value, 2017-2020