Earlier Report Observations
Between 2018 and 2024, the Croatian conveyor belts market displayed considerable volatility in physical volume. Market size grew from 687 metric tons in 2018 to a peak of 1 075 metric tons in 2022, representing an increase of over 50%. This growth was not linear, however, with a steady rise through 2019 and 2020 followed by a contraction in 2021 and a sharp surge the following year.
After the 2022 peak, market volume receded to 999 metric tons in 2023 and further to 881 metric tons in 2024. In value terms, the market showed more consistent positive momentum, reaching a high of 6.3 million USD in 2023 before declining to 5.5 million USD in 2024. This divergence suggests underlying changes in the pricing environment or demand structure throughout the period.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Croatia
- 5.1.1. In kind, 2018-2024, t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Croatia
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production conveyor belts in Croatia
In value, 2017-2020, K $ US
Croatia's conveyor belt production has grown for the third consecutive year. In 2020, output was valued at 2 518 K $ US, marking a 2.4% increase from the previous year. Between 2017 and 2020, production rose by 25.3%, which translates to an annualized growth rate of 7.8%.
Annual dynamics of production in Croatia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.4% | 8.8% | 2.4% | 7.8% |
In kind, 2017-2020, t
Conveyor belt production in Croatia has increased for the third year in a row. In 2020, the country produced 156.0 t of conveyor belts, reflecting a gradual 3.3% uptick compared to 2019. From 2017 to 2020, production grew by 20.9%, equivalent to an annualized rate of 6.5%.
Annual dynamics of production in Croatia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.9% | 5.6% | 3.3% | 6.5% |
Exports conveyor belts from Croatia
Exports in kind, t
The market showed volatility during this period. Exports reached their lowest point in 2018 at 19.8 t, with the largest decline of 8.7% recorded that year. In 2020, Croatia's conveyor belt export volume peaked at 52.8 t, representing a significant 92.6% increase from 2019. The gap between the highest and lowest volumes was 2.7-fold.
Annual dynamics of product's exports from Croatia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.7%) | 38.5% | 92.6% | 34.6% |
From 2017 to 2020, Bosnia and Herzegovina (40.9% of exports in kind), Serbia (21.2% of exports in kind), and Slovenia (19.3% of exports in kind) were the key partners, together accounting for 81.4% of total export flows.
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 cross-border shipments of conveyor belts have risen for the second consecutive year. In 2020, exports reached 247 K $ US, showing a moderate 8.3% gain from the previous year. Over the 2017-2020 period, exports increased by 51.7%, with a compound annual growth rate (CAGR) of 14.9%. The lowest value was recorded in 2018 at 155 K $ US, with the largest decline of 4.6% that year. The largest increase occurred in 2019, at 46.9%.
Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.6%) | 46.9% | 8.3% | 14.9% |
Between 2017 and 2020, Bosnia and Herzegovina (40.4% of exports in value terms), Slovenia (23.1% of exports in value terms), and Serbia (11.2% of exports in value terms) were the largest buyers of Croatian conveyor belts, together forming 74.7% of total export 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 conveyor belts to Croatia
Imports in kind, t
Imported conveyor belt volumes in Croatia have increased for the third consecutive year. In 2020, imports amounted to 670.8 t, up by 11.8% from the previous year. Over the 2017-2020 period, imports grew by 19.2%, with a CAGR of 6.0%.
Annual dynamics of product's imports to Croatia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.1% | 6.5% | 11.8% | 6.0% |
From 2017 to 2020, China (49.8% of imports in kind), the Netherlands (15.4% of imports in kind), and Turkey (10.8% of imports in kind) were the main sources, together absorbing 76.0% of total import volumes.
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, Croatia's conveyor belt import volume reached 2 657 K $ US, showing a 3.7% uptick compared to the previous year. Between 2017 and 2020, imports increased by 9.4%, equating to an annualized rate of 3.0%. The largest decline was recorded in 2019 at 3.5%, while the largest increase occurred in 2018 at 9.4%.
Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.4% | (3.5%) | 3.7% | 3.0% |
Over the 2017-2020 period, China (20.9% of imports in value terms), Germany (18.7% of imports in value terms), and the Netherlands (14.5% of imports in value terms) made the biggest contributions to imports, jointly accounting for 54.1% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Croatia in value, 2017-2020
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