Croatia: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Croatia

The Croatian market for electro-thermic appliances or domestic purposes surged to $X in 2021, growing by 49% against the previous year. In general, consumption showed buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Electro-Thermic Appliances Or Domestic Purposes in Croatia

In value terms, electro-thermic appliances or domestic purposes production stood at $X in 2021 estimated in export price. In general, production, however, recorded a deep setback. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Croatia

For the fifth year in a row, Croatia recorded growth in shipments abroad of electro-thermic appliances or domestic purposes, which increased by 75% to X units in 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 77% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, electro-thermic appliances or domestic purposes exports surged to $X in 2021. Overall, exports showed a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 209% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovenia (X units), Serbia (X units) and Bosnia and Herzegovina (X units) were the main destinations of electro-thermic appliances or domestic purposes exports from Croatia, with a combined 59% share of total exports. The Czech Republic, Italy, Germany, Austria, Romania, Poland, the Netherlands, Hungary and Switzerland lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +385.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the key foreign market for electro-thermic appliances or domestic purposes exports from Croatia, comprising 34% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Slovenia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria amounted to +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+64.6% per year) and Slovenia (+59.0% per year).

Export Prices by Country

The average export price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, picking up by 9.6% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The growth pace was the most rapid in 2013 an increase of 75%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Germany (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Croatia

For the fourth consecutive year, Croatia recorded growth in purchases abroad of electro-thermic appliances or domestic purposes, which increased by 56% to X units in 2021. Overall, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electro-thermic appliances or domestic purposes imports skyrocketed to $X in 2021. In general, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), China (X units) and the Netherlands (X units) were the main suppliers of electro-thermic appliances or domestic purposes imports to Croatia, with a combined 64% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +162.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electro-thermic appliances or domestic purposes suppliers to Croatia were the Netherlands ($X), Italy ($X) and China ($X), with a combined 48% share of total imports. These countries were followed by Poland, Germany, Slovenia and Slovakia, which together accounted for a further 37%.

In terms of the main suppliers, Poland, with a CAGR of +119.3%, 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

The average import price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, dropping by -7% against the previous year. Over the period under review, the import price recorded a perceptible curtailment. The growth pace was the most rapid in 2017 an increase of 26%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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