Croatia: Headphone Market 2025

Headphone Market Size in Croatia

The Croatian headphone market rose significantly to $X in 2022, increasing by 13% against the previous year. Overall, consumption, however, showed a perceptible slump. Headphone consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Headphone Production in Croatia

In value terms, headphone production rose remarkably to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 41% against the previous year. Headphone production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Headphone Exports

Exports from Croatia

In 2022, shipments abroad of headphones decreased by -43.9% to X units, falling for the second year in a row after four years of growth. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,726% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, headphone exports fell sharply to $X in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by 1,856%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X units) was the main destination for headphone exports from Croatia, with a 64% share of total exports. Moreover, headphone exports to Italy exceeded the volume sent to the second major destination, Serbia (X units), eightfold. The third position in this ranking was held by Slovenia (X units), with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume to Italy totaled +203.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+56.2% per year) and Slovenia (+58.7% per year).

In value terms, Italy ($X) remains the key foreign market for headphones exports from Croatia, comprising 65% of total exports. The second position in the ranking was held by Serbia ($X), with an 8.3% share of total exports. It was followed by Slovenia, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at +216.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+61.0% per year) and Slovenia (+63.6% per year).

Export Prices by Country

In 2022, the average headphone export price amounted to $X per unit, growing by 36% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, headphone export price increased by +114.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 58%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Greece ($X per unit) and Estonia ($X per unit), while the average price for exports to Germany ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports

Imports into Croatia

In 2022, headphone imports into Croatia reduced sharply to X units, which is down by -25% on the previous year's figure. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 762% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, headphone imports declined sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 424% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then contracted markedly in the following year.

Imports by Country

The Czech Republic (X units), Germany (X units) and Slovenia (X units) were the main suppliers of headphone imports to Croatia, with a combined 59% share of total imports. Greece, China, Hungary, the Netherlands, Poland and Italy lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +152.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest headphone suppliers to Croatia were the Czech Republic ($X), Germany ($X) and Slovenia ($X), with a combined 59% share of total imports. Greece, China, Hungary, the Netherlands, Poland and Italy lagged somewhat behind, together accounting for a further 30%.

In terms of the main suppliers, Greece, with a CAGR of +177.0%, 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 headphone import price stood at $X per unit in 2022, with an increase of 7.2% against the previous year. Over the period under review, the import price recorded a strong increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 56%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per unit) and Italy ($X per unit), while the price for China ($X per unit) and Hungary ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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