Harvesting Machinery Market Overview in Croatia
In value terms, harvesting machinery production totaled $ in 2019 estimated in export prices. Overall, production showed a resilient increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2015; however, from 2016 to 2019, production failed to regain the momentum.
The value of the harvesting machinery market in Croatia contracted to $ in 2019, falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a tangible expansion. The pace of growth appeared the most rapid in 2017 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2018 to 2019, the growth of the market remained at a lower figure.