Report Update Nov 1, 2024

Croatia - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Refrigerator Or Freezer Market 2024

Refrigerator Or Freezer Market Size in Croatia

The Croatian refrigerator or freezer market declined to $X in 2022, falling by -10.4% against the previous year. In general, consumption faced a deep slump. Refrigerator or freezer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Refrigerator Or Freezer Production in Croatia

In value terms, refrigerator or freezer production surged to $X in 2022 estimated in export price. In general, production posted a prominent expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 42%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in years to come.

Refrigerator Or Freezer Exports

Exports from Croatia

Refrigerator or freezer exports from Croatia contracted to X units in 2022, which is down by -1.6% on the previous year. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 11,927%. The exports peaked at X units in 2021, and then shrank slightly in the following year.

In value terms, refrigerator or freezer exports declined to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 1,230% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted slightly in the following year.

Exports by Country

Sweden (X units) was the main destination for refrigerator or freezer exports from Croatia, accounting for a 40% share of total exports. Moreover, refrigerator or freezer exports to Sweden exceeded the volume sent to the second major destination, Germany (X units), twofold. Denmark (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden totaled +145.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.1% per year) and Denmark (+141.9% per year).

In value terms, Sweden ($X) remains the key foreign market for furniture designed to receive refrigerating or freezing equipment exports from Croatia, comprising 43% of total exports. The second position in the ranking was held by Denmark ($X), with a 15% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at +139.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+175.4% per year) and Germany (-5.3% per year).

Export Prices by Country

In 2022, the average refrigerator or freezer export price amounted to $X per unit, with a decrease of -1.6% against the previous year. In general, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2015 when the average export price increased by 183% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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 Slovenia ($X per unit), while the average price for exports to Germany ($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 Denmark (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator Or Freezer Imports

Imports into Croatia

After three years of growth, supplies from abroad of furniture designed to receive refrigerating or freezing equipment decreased by -85.4% to X units in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 651%. Imports peaked at X units in 2021, and then shrank markedly in the following year.

In value terms, refrigerator or freezer imports dropped significantly to $X in 2022. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2019 with an increase of 343%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Serbia (X units) and Italy (X units) were the main suppliers of refrigerator or freezer imports to Croatia.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +51.6%).

In value terms, Serbia ($X) and Italy ($X) were the largest refrigerator or freezer suppliers to Croatia.

Serbia, with a CAGR of +34.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average refrigerator or freezer import price stood at $X per unit in 2022, surging by 32% against the previous year. In general, the import price, however, saw a abrupt decline. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($X per unit), while the price for Italy stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-10.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for furniture designed to receive refrigerating or freezing equipment in the world?

China constituted the country with the largest volume of refrigerator or freezer consumption, accounting for 20% of total volume. Moreover, refrigerator or freezer consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the largest producers of furniture designed to receive refrigerating or freezing equipment in the world?

The country with the largest volume of refrigerator or freezer production was China, accounting for 24% of total volume. Moreover, refrigerator or freezer production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.8% share.

What are the leading suppliers of furniture designed to receive refrigerating or freezing equipment to Croatia?

In value terms, Italy constituted the largest supplier of refrigerator or freezer to Croatia, comprising 79% of total imports. The second position in the ranking was occupied by Turkey, with an 8.9% share of total imports.

What are the leading importers of furniture designed to receive refrigerating or freezing equipment from Croatia?

In value terms, Sweden, Denmark and Germany were the largest markets for refrigerator or freezer exported from Croatia worldwide, with a combined 72% share of total exports.

What is the average export price for furniture designed to receive refrigerating or freezing equipment in Croatia?

The average refrigerator or freezer export price stood at $7,813 per ton in 2021, growing by 5.4% against the previous year.

What is the average import price for furniture designed to receive refrigerating or freezing equipment in Croatia?

The average refrigerator or freezer import price stood at $3,930 per ton in 2021, shrinking by -23.2% against the previous year.

This report provides an in-depth analysis of the refrigerator or freezer market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28253030 - Furniture designed to receive refrigerating or freezing equipment (including evaporators, complete refrigerating units)

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023