Price for Non-Furniture Refrigerating or Freezing Equipment in Croatia - 2023

Contents:

1. Price for Non-Furniture Refrigerating or Freezing Equipment in Croatia (FOB) - 2023
2. Price for Non-Furniture Refrigerating or Freezing Equipment in Croatia (CIF) - 2023
3. Exports of Non-Furniture Refrigerating or Freezing Equipment in Croatia
4. Imports of Non-Furniture Refrigerating or Freezing Equipment in Croatia

Price for Non-Furniture Refrigerating or Freezing Equipment in Croatia (FOB) - 2023

In July 2023, the average export price for non-furniture refrigerating or freezing equipment amounted to $209 per unit, increasing by 11% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.3%. The growth pace was the most rapid in September 2022 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices hit record highs in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($294 per unit), while the average price for exports to France ($156 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Furniture Refrigerating or Freezing Equipment in Croatia (CIF) - 2023

The average import price for non-furniture refrigerating or freezing equipment stood at $279 per unit in July 2023, declining by -19.6% against the previous month. Over the period under review, import price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, non-furniture refrigerating or freezing equipment import price increased by +46.5% against February 2023 indices. The pace of growth was the most pronounced in November 2022 an increase of 52% month-to-month. The import price peaked at $347 per unit in June 2023, and then reduced markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($439 per unit), while the price for Poland ($117 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Furniture Refrigerating or Freezing Equipment in Croatia

In 2022, shipments abroad of non-furniture refrigerating or freezing equipment increased by 52% to 192K units for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-furniture refrigerating or freezing equipment exports soared to $30M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Croatia in 2022:

1. Germany (39.0K units)
2. Sweden (38.9K units)
3. France (35.6K units)
4. Austria (8.9K units)
5. Slovenia (8.4K units)
6. Switzerland (7.8K units)
7. Poland (7.4K units)
8. Italy (5.9K units)
9. Lithuania (5.3K units)
10. United Kingdom (4.9K units)
11. United States (4.6K units)
12. Bosnia and Herzegovina (4.5K units)
13. Serbia (3.2K units)

Imports of Non-Furniture Refrigerating or Freezing Equipment in Croatia

In 2022, imports of non-furniture refrigerating or freezing equipment into Croatia skyrocketed to 155K units, picking up by 48% compared with the year before. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-furniture refrigerating or freezing equipment imports soared to $26M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Croatia in 2022:

1. Italy (39.0K units)
2. Slovenia (31.2K units)
3. Austria (18.3K units)
4. Poland (16.9K units)
5. Germany (10.4K units)
6. France (10.2K units)
7. China (5.5K units)
8. Ireland (4.4K units)
9. Hungary (2.7K units)

Source: IndexBox Market Intelligence Platform