Report Update Nov 1, 2024

Croatia - Jewelry - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Jewelry Market 2024

Jewelry Market Size in Croatia

The Croatian jewelry market surged to $X in 2022, with an increase of 208% against the previous year. In general, consumption showed strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Jewelry Production in Croatia

In value terms, jewelry production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 61% against the previous year. Jewelry production peaked in 2022 and is expected to retain growth in years to come.

Jewelry Exports

Exports from Croatia

Jewelry exports from Croatia shrank significantly to X kg in 2022, which is down by -75.5% on 2021. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 588% against the previous year. The exports peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, jewelry exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 426% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Slovenia (X kg), Italy (X kg) and the Czech Republic (X kg) were the main destinations of jewelry exports from Croatia, together comprising 54% 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 Slovenia (with a CAGR of +56.9%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) remains the key foreign market for jewelry exports from Croatia, comprising 64% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 9.4% share of total exports. It was followed by Poland, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia totaled +111.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+28.1% per year) and Poland (+138.0% per year).

Export Prices by Country

In 2022, the average jewelry export price amounted to $X per kg, jumping by 650% against the previous year. In general, the export price showed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per kg), while the average price for exports to Hungary ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+64.3%), while the prices for the other major destinations experienced more modest paces of growth.

Jewelry Imports

Imports into Croatia

In 2022, supplies from abroad of jewelry increased by 98% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 172% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, jewelry imports soared to $X in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 137%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of jewelry imports to Croatia, together comprising 53% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +110.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and Turkey ($X) appeared to be the largest jewelry suppliers to Croatia, together comprising 73% of total imports. Slovenia, Poland, Germany, China, the Netherlands, France, Thailand, Spain and India lagged somewhat behind, together comprising a further 26%.

The Netherlands, with a CAGR of +152.6%, recorded 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

In 2022, the average jewelry import price amounted to $X per kg, growing by 9.5% against the previous year. Overall, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 99%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jewelry in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 29% share of global consumption.

What are the largest producers of jewelry in the world?

Thailand remains the largest jewelry producing country worldwide, accounting for 47% of total volume. Moreover, jewelry production in Thailand exceeded the figures recorded by the second-largest producer, China, fourfold. The third position in this ranking was occupied by India, with a 5.9% share.

What are the leading suppliers of jewelry to Croatia?

In value terms, Italy constituted the largest supplier of jewelry to Croatia, comprising 43% of total imports. The second position in the ranking was occupied by Poland, with an 11% share of total imports. It was followed by Turkey, with an 11% share.

What are the leading importers of jewelry from Croatia?

In value terms, Slovenia remains the key foreign market for jewelry exports from Croatia, comprising 51% of total exports. The second position in the ranking was occupied by the Czech Republic, with a 13% share of total exports. It was followed by Poland, with a 9.3% share.

What is the average export price for jewelry in Croatia?

In 2021, the average jewelry export price amounted to $3,602 per kg, falling by -52.1% against the previous year.

What is the average import price for jewelry in Croatia?

In 2021, the average jewelry import price amounted to $4,137 per kg, surging by 18% against the previous year.

This report provides an in-depth analysis of the jewelry 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 32121330 - Articles of jewellery and parts thereof of precious metal (including plated, clad)
Prodcom 32121351 - Articles of goldsmiths
Prodcom 32121353 - Articles of goldsmiths
Prodcom 32121355 - Articles of goldsmiths

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