Croatia: Coin Game Market 2024

Coin Game Market Size in Croatia

In 2022, the Croatian coin game market decreased by -61.6% to $X, falling for the third year in a row after two years of growth. Overall, consumption continues to indicate a abrupt shrinkage. Coin game consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Coin Game Production in Croatia

In value terms, coin game production contracted significantly to $X in 2022 estimated in export price. In general, production showed a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 184% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Coin Game Exports

Exports from Croatia

In 2022, shipments abroad of games operated by coins, banknotes or discs increased by 37% to X units, rising for the second year in a row after two years of decline. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 141% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, coin game exports dropped markedly to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 119%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

In value terms, Slovenia ($X) remains the key foreign market for games operated by coins, banknotes or discs exports from Croatia, comprising 29% of total exports. The second position in the ranking was taken by Germany ($X), with a 13% share of total exports. It was followed by Montenegro, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at +36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+29.7% per year) and Montenegro (+27.2% per year).

Export Prices by Country

The average coin game export price stood at $X per unit in 2022, declining by -43.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 40% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Paraguay (+270.6%), while the prices for the other major destinations experienced mixed trend patterns.

Coin Game Imports

Imports into Croatia

In 2022, purchases abroad of games operated by coins, banknotes or discs was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coin game imports surged to $X in 2022. In general, imports enjoyed a notable increase. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Austria (X units) constituted the largest supplier of coin game to Croatia, with a 63% share of total imports. Moreover, coin game imports from Austria exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), eightfold. The third position in this ranking was held by Bulgaria (X units), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+15.4% per year) and Bulgaria (+7.0% per year).

In value terms, Bulgaria ($X), Austria ($X) and the Czech Republic ($X) appeared to be the largest coin game suppliers to Croatia, together comprising 83% of total imports. Hungary, Slovenia, France, the United States, China, Bosnia and Herzegovina, Germany and the UK lagged somewhat behind, together comprising a further 10%.

Among the main suppliers, France, with a CAGR of +39.5%, 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

The average coin game import price stood at $X per unit in 2022, surging by 21% against the previous year. Over the period under review, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 77% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 Bulgaria ($X per unit), while the price for Bosnia and Herzegovina ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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