Croatia: Blanket Market 2025

Blanket Market Size in Croatia

In 2022, the Croatian blanket market increased by 3.4% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +40.4% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Blanket Production in Croatia

In value terms, blanket production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 233%. Blanket production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Blanket Exports

Exports from Croatia

In 2022, the amount of blankets and traveling rugs (except electric blankets) exported from Croatia was estimated at X tons, increasing by 2.2% on the year before. Over the period under review, exports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 91% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, blanket exports fell to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 81%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Serbia (X tons) was the main destination for blanket exports from Croatia, with a 78% share of total exports. Moreover, blanket exports to Serbia exceeded the volume sent to the second major destination, Slovenia (X tons), twofold. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with a 31% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia amounted to +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+29.5% per year) and Bosnia and Herzegovina (-0.5% per year).

In value terms, Austria ($X) remains the key foreign market for blankets and traveling rugs (except electric blankets) exports from Croatia, comprising 56% of total exports. The second position in the ranking was held by Serbia ($X), with a 23% share of total exports. It was followed by Slovenia, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to +55.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+4.0% per year) and Slovenia (+25.9% per year).

Export Prices by Country

The average blanket export price stood at $X per ton in 2022, with a decrease of -11.8% against the previous year. Over the period under review, the export price, however, posted a noticeable increase. The pace of growth was the most pronounced in 2018 an increase of 56%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X 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 Austria (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Blanket Imports

Imports into Croatia

Blanket imports into Croatia reduced modestly to X tons in 2022, which is down by -2.6% compared with 2021. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 28% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, blanket imports rose significantly to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Hungary (X tons), China (X tons) and Poland (X tons) were the main suppliers of blanket imports to Croatia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +133.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hungary ($X) and Poland ($X) appeared to be the largest blanket suppliers to Croatia, together accounting for 54% of total imports.

Among the main suppliers, Hungary, with a CAGR of +125.5%, recorded 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 2022, the average blanket import price amounted to $X per ton, increasing by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2021 an increase of 28% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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