Croatia: Luggage Market 2025

Luggage Market Size in Croatia

The Croatian luggage market rose significantly to $X in 2021, with an increase of 14% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Luggage consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Luggage Production in Croatia

In value terms, luggage production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production recorded a remarkable increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Luggage Exports

Exports from Croatia

In 2021, the amount of luggage and handbags exported from Croatia totaled X tons, picking up by 14% against the previous year. Over the period under review, exports saw a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of 82% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, luggage exports skyrocketed to $X in 2021. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 70%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for luggage exports from Croatia, accounting for a 33% share of total exports. Moreover, luggage exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X tons), threefold. The third position in this ranking was held by Germany (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled +17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+16.2% per year) and Germany (+34.6% per year).

In value terms, France ($X) emerged as the key foreign market for luggage and handbags exports from Croatia, comprising 21% of total exports. The second position in the ranking was taken by Italy ($X), with an 11% share of total exports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +78.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+2.9% per year) and Germany (+13.9% per year).

Export Prices by Country

In 2021, the average luggage export price amounted to $X per ton, growing by 35% against the previous year. Over the period under review, the export price posted a noticeable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Luggage Imports

Imports into Croatia

In 2021, purchases abroad of luggage and handbags decreased by -2.4% to X tons, falling for the second year in a row after six years of growth. Overall, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 16% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, luggage imports soared to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.3% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 23%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), China (X tons) and Germany (X tons) were the main suppliers of luggage imports to Croatia, with a combined 45% share of total imports. Poland, Slovenia, Hungary, Spain, Slovakia, the Netherlands, Austria and Belgium lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +57.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Poland ($X) constituted the largest luggage suppliers to Croatia, together accounting for 52% of total imports.

Poland, with a CAGR of +69.0%, saw the highest rates of growth with regard to 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 2021, the average luggage import price amounted to $X per ton, increasing by 23% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, luggage import price increased by +63.6% against 2015 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 45%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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