Hammers and sledge hammers market in Croatia

Earlier Report Observations

From 2018 to 2020, the Croatian market for hammers and sledge hammers experienced fluctuations, rising from 171 tons to 202 tons in 2019 before declining to 175 tons in 2020. Domestic production saw moderate growth during this period, but the market volume was primarily influenced by trade flows.

A notable market expansion occurred in 2021, when the market size jumped to 214 tons. This surge was accompanied by a significant increase in imports and exports, indicating heightened trade activity and broader market engagement. However, the market contracted again in 2022, falling to 179 tons.

The market recovered in the following years, reaching 194 tons in 2023 and 233 tons in 2024. This growth was supported by rising imports and was consistent with global trends of steady demand from construction and renovation sectors.

Production hammers and sledge hammers in Croatia

In value, 2017-2020, $ US

In 2020, Croatia's production of hammers and sledge hammers was valued at 43 527 US dollars, marking a significant decline of 15.0% compared to 2019. The minimum value during this period was recorded in 2018 at 42 636 US dollars. From 2017 to 2020, production fell by 39%, translating to an annualized decrease of 15.2%. The largest drop occurred in 2018, with a 40.2% reduction, while the biggest increase was seen in 2019, at 20.1%.

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

In kind, 2017-2020, kg

In 2020, Croatia produced 1 217 kilograms of hammers and sledge hammers, showing no change from the previous year. The minimum production level was recorded in 2018 at 1 138 kilograms. Over the period from 2017 to 2020, production decreased by 19.6%, with a compound annual growth rate of -7.0%. The largest decline was in 2018, at 24.8%, while the largest increase occurred in 2019, at 7.1%.

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

Exports hammers and sledge hammers from Croatia

Exports in kind, t

Croatia's exports of hammers and sledge hammers have grown for the third year in a row. In 2020, the country exported 15.2 tonnes, up by 11.3% compared to 2019. From 2017 to 2020, exports surged by 104.1%, with a compound annual growth rate of 26.9%.

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

Between 2017 and 2020, Serbia, Bosnia and Herzegovina, and Slovenia were the top destinations for Croatia's exports of hammers and sledge hammers in volume terms. Serbia accounted for 43.1% of exports, Bosnia and Herzegovina for 23.0%, and Slovenia for 6.1%, together making up 72.2% 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

In 2020, Croatia exported hammers and sledge hammers worth 139.4 thousand US dollars, reflecting a slight decrease of 9.4% year-on-year. The minimum value was recorded in 2018 at 113.2 thousand US dollars, while the maximum was in 2019 at 154.0 thousand US dollars. From 2017 to 2020, exports increased by 21.1%, with a compound annual growth rate of 6.6%. The largest increase occurred in 2019, at 36.0%.

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

From 2017 to 2020, Serbia, Austria, and France were the leading destinations for Croatia's exports of hammers and sledge hammers in value terms. Serbia accounted for 21.9% of exports, Austria for 16.3%, and France for 16.2%, collectively representing 54.5% of total export flows.

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

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

Imports hammers and sledge hammers to Croatia

Imports in kind, t

In 2020, Croatia imported 189.1 tonnes of hammers and sledge hammers, down by 11.8% from the previous year. The minimum volume was recorded in 2018 at 178.5 tonnes, while the maximum was in 2019 at 214.4 tonnes. The largest increase occurred in 2019, at 20.1%.

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

Between 2017 and 2020, China, Germany, and Poland were the main sources of hammers and sledge hammers imported into Croatia in volume terms. China accounted for 29.5% of imports, Germany for 23.7%, and Poland for 11.6%, together comprising 64.9% of total import 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

Following two years of growth, Croatia's imports of hammers and sledge hammers declined. In 2020, imports amounted to 905.4 thousand US dollars, down by 6.1% compared to the prior year. The maximum value was recorded in 2019 at 963.8 thousand US dollars. From 2017 to 2020, imports increased by 18.8%, with a compound annual growth rate of 5.9%. The largest increase was in 2019, at 12.7%.

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

From 2017 to 2020, Germany, China, and Poland remained the primary suppliers of hammers and sledge hammers to Croatia in value terms. Germany accounted for 33.6% of imports, China for 18.4%, and Poland for 10.3%, jointly forming 62.3% of total import flows.

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

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