Knives and cutting blades for machines or mechanical appliances market in Croatia

Earlier Report Observations

The Croatian market for knives and cutting blades for machines saw considerable volatility in physical volume from 2018 to 2024, ranging from a low of 375 t in 2020 to a peak of 503 t in 2022, before settling at 456 t in 2024. In value terms, the market demonstrated stronger growth, expanding from $8.4 million to $10.1 million, despite a significant contraction in 2020.

Technological progress in cutting machines, including the adoption of circular, vibrating, and static blades, fostered product diversification by 2024. This advancement improved cutting precision and flexibility, which supported demand for specialized blades and contributed to the market's recovery in both volume and value during that year.

Production machine knives and cutting blades in Croatia

In value, 2017-2020, K $ US

Croatia's production of knives and cutting blades for machines or mechanical appliances declined for the second consecutive year. In 2020, output was valued at 4 527 K $ US, which is 8.1% lower than the previous year. Between 2017 and 2020, production decreased by 12.3%, equating to an annualized rate of 4.3%. The maximum value was recorded in 2018 at 6 352 K $ US. The largest increase occurred in 2018, with a rise of 23.0%, while the largest decline was in 2019, with a drop of 22.5%.

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

In kind, 2017-2020, t

Croatia's production volume of knives and cutting blades for machines or mechanical appliances declined for the second consecutive year. In 2020, 161.9 t were produced, which is 2.9% lower than the previous year. The maximum volume was recorded in 2018 at 185.0 t. The largest increase occurred in 2018, with a rise of 14.6%, while the largest decline was in 2019, with a drop of 9.9%.

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

Exports machine knives and cutting blades from Croatia

Exports in kind, t

After a two-year gain, exports of knives and cutting blades for machines or mechanical appliances from Croatia declined. In 2020, exports stood at 113.2 t, showing a decrease of 22.6% compared to the prior year. Over the period 2017-2020, exports increased by 8.2%, with a compound annual growth rate of 2.6%. The maximum volume was recorded in 2019 at 146.3 t, which also saw the largest increase of 28.7%.

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

During 2017–2020, exports in kind of knives and cutting blades for machines or mechanical appliances from Croatia were spread relatively evenly. Germany accounted for 19.7% of exports, Serbia for 14.0%, and Bosnia and Herzegovina for 11.6%, with these three countries jointly representing 45.2% of total 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

The market showed signs of volatility over the observed period. The lowest exports were registered in 2017, with the highest in 2019, reflecting a 2.3-fold gap. In 2020, Croatia exported 5 562 K $ US of knives and cutting blades for machines or mechanical appliances, which is 40.1% weaker compared to 2019. The maximum value was recorded in 2019 at 9 283 K $ US, which also saw the largest increase of 89.0%.

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

In 2017–2020, knives and cutting blades for machines or mechanical appliances from Croatia were traded with many countries. Even the largest destinations — Germany, Slovakia, and Slovenia — together represented only 47.8% of total exports in value terms.

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

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

Imports machine knives and cutting blades to Croatia

Imports in kind, t

After a two-year rise, imports of knives and cutting blades for machines or mechanical appliances to Croatia declined. In 2020, import volume stood at 325.8 t, which is 17.2% less compared to the previous year. The maximum volume was recorded in 2019 at 393.6 t. The largest increase occurred in 2018, with a rise of 11.9%.

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

Over 2017–2020, Italy, Germany, and Czechia consistently occupied leading positions in the country structure of imports in kind. Italy accounted for 25.9% of imports, Germany for 24.2%, and Czechia for 10.6%, with these three countries jointly accounting for 60.8% 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

Volatility characterized the market behavior during these years. Imports reached their lowest point in 2017 and peaked in 2019, with a gap of 2.2 times between these years. In 2020, the volume of knives and cutting blades for machines or mechanical appliances imports to Croatia totalled 6 850 K $ US, marking an abrupt decline of 49.8% compared to 2019. The maximum value was recorded in 2019 at 13 653 K $ US, which also saw the largest increase of 95.3%.

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

In 2017–2020, three principal markets — Germany, Italy, and Czechia — together accounted for 63.4% of total imports in value terms of knives and cutting blades for machines or mechanical appliances to Croatia.

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

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