Croatia: Comb Market 2024

Comb Market Size in Croatia

In 2022, the Croatian comb market increased by 9% to $X, rising for the fifth year in a row after three years of decline. In general, consumption saw a strong increase. Comb consumption peaked in 2022 and is expected to retain growth in the immediate term.

Comb Exports

Exports from Croatia

In 2022, the amount of combs and hair-slides exported from Croatia skyrocketed to X tons, with an increase of 68% on the year before. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 292%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, comb exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 216% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for comb exports from Croatia, with a 42% share of total exports. Moreover, comb exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Italy (X kg), fourfold. The third position in this ranking was held by Austria (X kg), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+62.7% per year) and Austria (+80.1% per year).

In value terms, Italy ($X), Bosnia and Herzegovina ($X) and Serbia ($X) constituted the largest markets for comb exported from Croatia worldwide, with a combined 79% share of total exports.

Italy, with a CAGR of +108.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average comb export price stood at $X per ton in 2022, picking up by 13% against the previous year. Overall, the export price saw a prominent increase. The growth pace was the most rapid in 2017 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Austria ($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 Italy (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Comb Imports

Imports into Croatia

Comb imports into Croatia soared to X tons in 2022, increasing by 27% compared with 2021 figures. Overall, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.9% 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 +164.8% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 67% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, comb imports reached $X in 2022. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 55% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of comb to Croatia, accounting for a 50% share of total imports. Moreover, comb imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), fivefold. The third position in this ranking was taken by Hungary (X tons), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +37.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+52.8% per year) and Hungary (+51.1% per year).

In value terms, Germany ($X) constituted the largest supplier of combs and hair-slides to Croatia, comprising 50% of total imports. The second position in the ranking was held by Hungary ($X), with a 9.9% share of total imports. It was followed by Slovenia, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +41.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+62.9% per year) and Slovenia (+53.3% per year).

Import Prices by Country

The average comb import price stood at $X per ton in 2022, shrinking by -14.4% against the previous year. Overall, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then fell in the following year.

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 Slovenia ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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