Weighing machines excluding balances with sensitivity of 5 cg or better including weight-operated counting or checking machines and weights of all kinds market in Croatia

Earlier Report Observations

Between 2018 and 2020, the Croatian market for weighing machines contracted from 7 024 thousand USD to 5 845 thousand USD, with the most pronounced drop occurring in 2019. The market volume then stabilized in 2020 with minimal change.

A strong rebound followed in 2021, pushing the market size to 8 121 thousand USD, a 38% increase over the previous year. Growth continued into 2022, reaching a peak of 8 195 thousand USD. During this period, the weighing industry experienced a shift toward greater automation and the integration of weighing systems into production lines, which supported demand for advanced industrial scales.

After the 2022 peak, the market declined to 7 189 thousand USD in 2023 and further to 7 029 thousand USD in 2024, bringing it back near the levels seen at the start of the reviewed period.

Production weighing machines and weights in Croatia

In value, 2017-2020, K $ US

In 2020, Croatia's production of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, was valued at 1 004 K $ US. This marked a decline of 16.8% compared to the previous year. Over the period from 2017 to 2020, production decreased by 2.2%, with a compound annual growth rate of 0.7%. The minimum value was recorded in 2018 at 987 K $ US, while the maximum value occurred in 2019 at 1 206 K $ US. The largest increase was observed in 2019, with a rise of 22.2%.

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

Exports weighing machines and weights from Croatia

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Croatia's exports of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, reached their lowest point in 2018 at 63.3 t, with the highest volume recorded in 2020 at 242.7 t. This reflects a 3.8-fold gap between these years. In 2020, exports amounted to 242.7 t, representing an increase of 81.3% compared to 2019. The largest decline was recorded in 2018 at 71.9%, while the largest increase occurred in 2019 at 111.7%.

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

From 2017 to 2020, the main destinations for Croatia's exports in kind of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, were Bosnia and Herzegovina (47.1% of exports in kind), Montenegro (23.1% of exports in kind), and Austria (16.5% of exports in kind). Together, these three countries accounted for 86.7% 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

After a two-year rise, Croatia's exports of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, declined. In 2020, exports reached 1 491 K $ US, showing a reduction of 11.7% year-over-year. Over the period from 2017 to 2020, exports increased by 12.3%, with a compound annual growth rate of 3.9%. The maximum value was recorded in 2019 at 1 688 K $ US, and the largest increase occurred in 2019 at 16.9%.

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

From 2017 to 2020, three main markets—Bosnia and Herzegovina, Austria, and Germany—together absorbed 66.0% of Croatia's total exports in value terms for weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds.

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

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

Imports weighing machines and weights to Croatia

Imports in kind, t

Croatia's imports of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, increased for the third consecutive year. In 2020, imports reached 629.6 t, up by 18.0% compared to 2019. Between 2017 and 2020, imports increased by 82.1%, equating to an annualized rate of 22.1%.

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

From 2017 to 2020, the principal sources for Croatia's imports in kind of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, were China (30.2% of imports in kind), Germany (19.2% of imports in kind), and Serbia (11.7% of imports in kind). Together, these three countries accounted for 61.2% 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

Croatia's import volume of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, declined for the second consecutive year. In 2020, imports were recorded at 6 333 K $ US, showing little change compared to the previous year. Over the period from 2017 to 2020, imports increased by 6.1%, with a compound annual growth rate of 2.0%. The maximum value was recorded in 2018 at 7 480 K $ US. The largest decline occurred in 2019 at 15.3%, while the largest increase was in 2018 at 25.3%.

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

From 2017 to 2020, the main suppliers of weighing machines, excluding balances with sensitivity of 5 cg or better, including weight-operated counting or checking machines and weights of all kinds, to Croatia were Germany (31.6% of imports in value terms), the Netherlands (15.0% of imports in value terms), and China (11.0% of imports in value terms). Together, these three countries comprised 57.6% of total imports in value terms.

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

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