Industry Statistics and Rankings
How does this industry perform in Croatia compared to Europe?
Country Benchmarking
Industry Data Croatia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#27 In EuropeBusiness
#22 In EuropeEmployees
#22 In EuropeWages
#25 In EuropeAgricultural income, government grants for R&D, demand from supermarkets, logging activity and the world price of steel are key drivers of the performance of the agricultural and forestry machinery manufacturing industry. Over the five years through 2024, industry revenue is forecast to slump at a compound annual rate of 2.9% to reach €77 billion, alongside a contraction of 1.6% in 2024. COVID-19 severely disrupted the manufacturing industry’s complex supply chains and crucial downstream markets, constraining capacity and curbing order volumes. Widespread pessimism about their financial prospects in 2024 is driving key downstream buyers to tighten their purse strings and lower big-ticket purchases. Despite this, demand for spare parts and maintenance remains robust during economic headwinds.
Enterprises
Number of businesses in 2024
Biggest companies in the Agricultural & Forestry Machinery in Croatia
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Agricultural & Forestry Machinery in Croatia industry for IBISWorld to include in this product.
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Agricultural & Forestry Machinery industry in Croatia in 2024?
The market size of the Agricultural & Forestry Machinery industry in Croatia is €85.6m in 2024.
How many businesses are there in the Agricultural & Forestry Machinery in Croatia industry in 2024?
There are 54 businesses in the Agricultural & Forestry Machinery industry in Croatia, which has declined at a CAGR of 2.1 % between 2019 and 2024.
Has the Agricultural & Forestry Machinery industry in Croatia grown or declined over the past 5 years?
The market size of the Agricultural & Forestry Machinery industry in Croatia has been declining at a CAGR of 3.2 % between 2019 and 2024.
What is the forecast growth of the Agricultural & Forestry Machinery industry in Croatia over the next 5 years?
Over the next five years, the Agricultural & Forestry Machinery industry in Croatia is expected to grow.
What does the Agricultural & Forestry Machinery in Croatia include?
Tractors and Agricultural and forestry machinery are part of the Agricultural & Forestry Machinery industry.
How competitive is the Agricultural & Forestry Machinery industry in Croatia?
The level of competition is moderate and steady in the Agricultural & Forestry Machinery industry in Croatia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Iron & Steel Manufacturing in Croatia
- Cutlery, Hand Tool & General Hardware Manufacturing in Croatia
- Lifting & Handling Equipment Manufacturing in Croatia
Table of Contents
About this industry
Industry definition
This industry manufactures equipment used by the agricultural and forestry sectors, including various tractors and machinery types. Manufacturing lawnmowers, agricultural trailers, soil preparation, planting and fertilising machinery, milking machines and harvesting machinery are all industry-related.
Related Terms
TillerThreshing MachineScarifierWhat's included in this industry?
TractorsAgricultural and forestry machineryGarden machineryParts for installation, maintenance and repairCompanies
Industry Code
2821 - Manufacture of agricultural and forestry machinery in Croatia
View up to 0 companies with purchase. View purchase options.
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Agricultural & Forestry Machinery in Croatia industry?
Outlook
Analysis
What's driving the Agricultural & Forestry Machinery in Croatia industry outlook?
Volatility
Analysis
What influences volatility in the Agricultural & Forestry Machinery in Croatia industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Agricultural & Forestry Machinery in Croatia industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Machinery sales depend highly on the economic climate. Strong economic headwinds often discourage large investments in new machinery, with farmers often choosing to repair and maintain their current vehicles.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Agricultural & Forestry Machinery in Croatia industry's products and services performing?
Analysis
What are innovations in the Agricultural & Forestry Machinery in Croatia industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Agricultural & Forestry Machinery in Croatia industry?
International Trade
Highlights
- Total Imports into Croatia
- Total Exports into Croatia
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
A handful of companies dominate the top end. Given the high-tech specifications of tractors and other large agricultural machinery, only a select few companies have the resources and skills to manufacture the top-end products.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Agricultural & Forestry Machinery in Croatia located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Regulations typically mirror automotive regulations and hinder innovation. Key representative organisations, such as CEMA, have expressed concerns about regulations that mirror the automotive industry as they hamper innovation and hinder global competitiveness.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Agricultural & Forestry Machinery in Croatia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Falling steel prices help lift profit. Steel is a key input for the majority of agricultural machinery. Therefore, a reduction in its price lowers the cost of producing machinery, aiding growth in profitability.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Agricultural & Forestry Machinery in Croatia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
France
Italy
Spain