Speed Changer Price in Croatia - 2023
Contents:
- Speed Changer Price in Croatia (CIF) - 2023
- Speed Changer Price in Croatia (FOB) - 2022
- Speed Changer Imports in Croatia
- Speed Changer Exports in Croatia
Speed Changer Price in Croatia (CIF) - 2023
In May 2023, the average speed changer import price amounted to $12,294 per ton, dropping by -2.6% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 29% against the previous month. Over the period under review, average import prices hit record highs at $12,841 per ton in June 2022; however, from July 2022 to May 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($30,991 per ton), while the price for Slovenia ($3,407 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Speed Changer Price in Croatia (FOB) - 2022
The average speed changer export price stood at $9,292 per ton in 2022, surging by 14% against the previous year. Overall, the export price recorded a resilient increase. The growth pace was the most rapid in 2014 an increase of 35%. The export price peaked at $10,436 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($20,970 per ton), while the average price for exports to Slovenia ($5,307 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in Croatia
Speed changer imports into Croatia rose remarkably to 3.2K tons in 2022, picking up by 5.1% compared with the year before. Over the period under review, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 12%.
In value terms, speed changer imports skyrocketed to $34M in 2022. In general, imports, however, showed a relatively flat trend pattern.
| Import of Speed Changer in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.4 | 7.7 | 9.5 | 9.7 | -5.2% |
| Slovenia | 9.6 | 5.4 | 6.8 | 6.5 | -12.2% |
| Italy | 4.3 | 4.2 | 3.7 | 5.1 | 5.9% |
| Austria | 2.0 | 2.2 | 2.7 | 2.3 | 4.8% |
| China | 0.7 | 0.7 | 0.6 | 1.5 | 28.9% |
| Poland | 0.4 | 0.3 | 0.5 | 1.1 | 40.1% |
| South Korea | 0.7 | 0.5 | 0.2 | 0.5 | -10.6% |
| Others | 5.2 | 6.9 | 5.1 | 6.8 | 9.4% |
| Total | 34.3 | 27.9 | 29.1 | 33.6 | -0.7% |
Top Suppliers of Speed Changer to Croatia in 2022:
- Slovenia (1857.5 tons)
- Germany (347.8 tons)
- Italy (327.2 tons)
- China (265.3 tons)
- Austria (78.9 tons)
- South Korea (53.3 tons)
- Poland (51.8 tons)
Speed Changer Exports in Croatia
In 2022, approx. 2K tons of speed changers, industrial high-speed drives and gear were exported from Croatia; waning by -5.5% compared with the year before. Over the period under review, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 4.4% against the previous year.
In value terms, speed changer exports expanded notably to $18M in 2022. In general, exports showed a abrupt decrease.
| Export of Speed Changer in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 8.4 | 4.8 | 6.2 | 6.1 | -10.1% |
| Italy | 1.7 | 2.4 | 3.6 | 3.3 | 24.7% |
| Germany | 8.6 | 3.9 | 1.9 | 3.2 | -28.1% |
| Austria | 0.6 | 1.8 | 0.5 | 1.0 | 18.6% |
| Bosnia and Herzegovina | 0.6 | 0.6 | 0.8 | 0.9 | 14.5% |
| Serbia | 0.5 | 0.5 | 0.7 | 0.8 | 17.0% |
| Switzerland | 0.6 | 0.3 | 0.6 | 0.6 | 0.0% |
| Others | 1.0 | 2.2 | 2.6 | 2.5 | 35.7% |
| Total | 22.1 | 16.4 | 16.9 | 18.2 | -6.3% |
Top Export Markets for Speed Changer from Croatia in 2022:
- Slovenia (1153.7 tons)
- Germany (295.8 tons)
- Italy (227.5 tons)
- Austria (53.4 tons)
- Switzerland (48.2 tons)
- Bosnia and Herzegovina (46.0 tons)
- Serbia (36.3 tons)
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