Croatia: Brassiere Market 2024

Brassiere Market Size in Croatia

In 2021, the Croatian brassiere market decreased by -63% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a abrupt decline. Brassiere consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Brassiere Production in Croatia

In value terms, brassiere production expanded slightly to $X in 2021 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +27.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 28%. Brassiere production peaked in 2021 and is expected to retain growth in the near future.

Brassiere Exports

Exports from Croatia

Brassiere exports from Croatia surged to X units in 2021, with an increase of 27% on the year before. Over the period under review, exports posted prominent growth. The pace of growth was the most pronounced in 2014 with an increase of 221% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, brassiere exports soared to $X in 2021. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 217%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

Italy (X units) was the main destination for brassiere exports from Croatia, accounting for a 54% share of total exports. Moreover, brassiere exports to Italy exceeded the volume sent to the second major destination, Spain (X units), fivefold. The third position in this ranking was taken by France (X units), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+280.5% per year) and France (+124.5% per year).

In value terms, Italy ($X) remains the key foreign market for brassieres of textile materials, whether or not elasticated exports from Croatia, comprising 42% of total exports. The second position in the ranking was taken by Spain ($X), with a 17% share of total exports. It was followed by France, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+307.3% per year) and France (+136.4% per year).

Export Prices by Country

In 2021, the average brassiere export price amounted to $X per unit, with an increase of 5.1% against the previous year. In general, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in 2020 an increase of 8%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Spain (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Brassiere Imports

Imports by Country

In 2021, Italy (X units) constituted the largest brassiere supplier to Croatia, accounting for a 33% share of total imports. Moreover, brassiere imports from Italy exceeded the figures recorded by the second-largest supplier, Vietnam (X units), twofold. Serbia (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +56.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+63.1% per year) and Serbia (+38.8% per year).

In value terms, Italy ($X) constituted the largest supplier of brassieres of textile materials, whether or not elasticated to Croatia, comprising 36% of total imports. The second position in the ranking was taken by Serbia ($X), with a 13% share of total imports. It was followed by Vietnam, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +64.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+45.9% per year) and Vietnam (+66.2% per year).

Import Prices by Country

In 2021, the average brassiere import price amounted to $X per unit, rising by 7.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ethiopia (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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