Croatia: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Croatia

The Croatian electric oven and cooker market contracted to $X in 2022, shrinking by -8.7% against the previous year. In general, consumption, however, continues to indicate a resilient expansion. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Croatia

In value terms, electric oven and cooker production contracted rapidly to $X in 2022 estimated in export price. In general, production showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by 6,315% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Croatia

In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -26.1% to X units for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2015 with an increase of 87%. Over the period under review, the exports hit record highs at X units in 2021, and then shrank dramatically in the following year.

In value terms, electric oven and cooker exports contracted remarkably to $X in 2022. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by 130%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Slovenia (X units), Poland (X units) and Serbia (X units) were the main destinations of electric oven and cooker exports from Croatia, with a combined 69% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +248.8%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Croatia, comprising 42% of total exports. The second position in the ranking was taken by Serbia ($X), with a 17% share of total exports. It was followed by Poland, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia amounted to +38.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+2.8% per year) and Poland (+267.4% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, with an increase of 2.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 23%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($X per unit), while the average price for exports to Poland ($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 Poland (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Croatia

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imported into Croatia fell to X units, reducing by -14.5% compared with the previous year. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 35% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then shrank in the following year.

In value terms, electric oven and cooker imports fell to $X in 2022. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Slovenia (X units), China (X units) and Turkey (X units) were the main suppliers of electric oven and cooker imports to Croatia, with a combined 53% share of total imports. Italy, Germany, Poland, Slovakia, Romania and the Czech Republic lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +126.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electric oven and cooker suppliers to Croatia were Slovenia ($X), Turkey ($X) and Italy ($X), together accounting for 64% of total imports. Germany, Poland, Slovakia, Romania, China and the Czech Republic lagged somewhat behind, together accounting for a further 31%.

Slovakia, with a CAGR of +123.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, picking up by 2.8% against 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 18% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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