Croatia: Combined Refrigerator-Freezer Market 2025

Combined Refrigerator-Freezer Market Size in Croatia

The Croatian combined refrigerator-freezer market expanded modestly to $X in 2022, with an increase of 2.8% 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, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 +97.7% against 2012 indices. Combined refrigerator-freezer consumption peaked in 2022 and is expected to retain growth in the near future.

Combined Refrigerator-Freezer Exports

Exports from Croatia

In 2022, exports of combined refrigerators-freezers from Croatia dropped sharply to X units, shrinking by -22.1% against the previous year's figure. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by 166%. Over the period under review, the exports reached the maximum at X units in 2021, and then contracted notably in the following year.

In value terms, combined refrigerator-freezer exports contracted remarkably to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 149% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then plummeted in the following year.

Exports by Country

Slovenia (X units) was the main destination for combined refrigerator-freezer exports from Croatia, with a 44% share of total exports. Moreover, combined refrigerator-freezer exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X units), threefold. The third position in this ranking was taken by Bosnia and Herzegovina (X units), with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia amounted to +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+36.9% per year) and Bosnia and Herzegovina (+13.8% per year).

In value terms, the largest markets for combined refrigerator-freezer exported from Croatia were Slovenia ($X), Serbia ($X) and Bosnia and Herzegovina ($X), with a combined 69% share of total exports. Albania, Montenegro, Hungary, North Macedonia and Slovakia lagged somewhat behind, together comprising a further 25%.

Among the main countries of destination, Hungary, with a CAGR of +82.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average combined refrigerator-freezer export price stood at $X per unit in 2022, almost unchanged from the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports into Croatia

In 2022, approx. X units of combined refrigerators-freezers were imported into Croatia; remaining relatively unchanged against the previous year's figure. In general, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 36%. Over the period under review, imports hit record highs at X units in 2021, and then shrank slightly in the following year.

In value terms, combined refrigerator-freezer imports reduced modestly to $X in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

China (X units), Turkey (X units) and Serbia (X units) were the main suppliers of combined refrigerator-freezer imports to Croatia, with a combined 61% share of total imports. Poland, Romania, Italy, Slovenia and Hungary lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest combined refrigerator-freezer suppliers to Croatia were China ($X), Turkey ($X) and Poland ($X), together comprising 55% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +20.4%, 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 2022, the average combined refrigerator-freezer import price amounted to $X per unit, approximately mirroring the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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