Croatia: Accordion Market 2025

Accordion Market Size in Croatia

The Croatian accordion market surged to $X in 2021, increasing by 68% 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, however, continues to indicate a deep reduction. Accordion consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Accordion Exports

Exports from Croatia

In 2021, shipments abroad of accordions and mouth organs increased by 20% to X units for the first time since 2015, thus ending a five-year declining trend. In general, exports, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2015 with an increase of 42% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, accordion exports soared to $X in 2021. Overall, exports recorded a mild expansion. The pace of growth appeared the most rapid in 2014 with an increase of 68%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for accordion exports from Croatia, with a 56% share of total exports. Moreover, accordion exports to Germany exceeded the volume sent to the second major destination, Serbia (X units), fivefold. The third position in this ranking was held by Israel (X units), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+21.7% per year) and Israel (+8.1% per year).

In value terms, Germany ($X) remains the key foreign market for accordions and mouth organs exports from Croatia, comprising 49% of total exports. The second position in the ranking was taken by Serbia ($X), with a 14% share of total exports. It was followed by Israel, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+43.9% per year) and Israel (+6.0% per year).

Export Prices by Country

In 2021, the average accordion export price amounted to $X per unit, approximately equating the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.7%. The pace of growth appeared the most rapid in 2014 an increase of 28% against the previous year. The export price peaked at $X per unit in 2020, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to North Macedonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Accordion Imports

Imports into Croatia

In 2021, supplies from abroad of accordions and mouth organs increased by 47% to X units for the first time since 2012, thus ending a eight-year declining trend. Overall, imports, however, faced a deep contraction. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, accordion imports soared to $X in 2021. In general, imports, however, recorded a deep contraction. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), Italy (X units) and Austria (X units) were the main suppliers of accordion imports to Croatia, together comprising 59% of total imports. These countries were followed by Slovenia, China, France, Poland and the Netherlands, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +126.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and France ($X) appeared to be the largest accordion suppliers to Croatia, with a combined 78% share of total imports. These countries were followed by China, Italy, the Netherlands, Slovenia and Poland, which together accounted for a further 17%.

Among the main suppliers, Poland, with a CAGR of +134.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average accordion import price amounted to $X per unit, dropping by -4.2% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, accordion import price decreased by -13.3% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :