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The Croatian crane market fell to X dollars in 2020, down -X% compared to the previous year. Overall, however, consumption recorded strong growth. The most significant growth rate occurred in 2013, when the market capitalization increased by X% year-on-year. During the period under review, the market peaked at $X in 2015; however, from 2016 to 2020, consumption was at lower levels.

In 2020 crane production soared to X dollars by value (estimated at export prices). Overall, however, there was a sudden drop in production. The growth rate was most pronounced in 2016, with a year-on-year increase of X%. Crane production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain momentum.

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Croatian crane export scale
Croatia’s overseas shipments of cranes, mobile crane frames increased for the seventh consecutive year, increasing by X% to X units in 2020. During the period under review, exports increased significantly. The growth rate was the most significant in 2018, with exports increasing by X% year-on-year. During the period under review, exports hit a record high in 2020 and are expected to keep growing in the short term.

Crane exports surged to $X in 2020 by value. Overall, exports recorded strong growth. The most significant growth rate was recorded in 2018, with a year-on-year increase of X%. During the period under review, exports peaked in 2020 and are expected to keep growing in the near future.

Belarus (X units) is the main destination for Croatian crane exports, accounting for about X% of total exports. From 2007 to 2020, the average annual growth rate of shipments to Belarus was +X%.

In terms of value, Belarus ($X) remains the main foreign market for Croatian crane exports. From 2007 to 2020, the average annual growth rate of the value to Belarus is +X%.

Croatian crane import scale
In 2020, about X cranes, mobile cranes were imported into Croatia; an increase of X% compared to the previous year. Overall, imports showed strong growth. The fastest growth rate in 2017, with a year-on-year increase of X%. During the period under review, imports reached a record high of X units in 2018; however, from 2019 to 2020, imports failed to regain momentum.

In 2020 crane imports fell to X dollars in value terms. Overall, imports continue to show a clear downward trend. The fastest growth was in 2013, with imports increasing by X% year-on-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain momentum.

In 2020, Australia (X units) was the main crane supplier to Croatia, accounting for about X% of total imports. From 2007 to 2020, the average annual growth rate of Australian exports has been relatively modest.

Australia ($X) is the largest crane supplier to Croatia by value. Average annual value growth in Australia from 2007 to 2020 was relatively modest.

Statistics of various crane suppliers in Croatia
Australia ($82,000) is the largest crane supplier to Croatia by value.

In terms of value, Belarus ($106,000) remains the main foreign market for Croatian crane exports.

In 2020, the average export price of cranes was USD 43,732 per unit, down -10.5% from the previous year.

The average import price of cranes in 2020 was US$33,866/unit, a year-on-year decrease of -15.7%.

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