Croatia: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Croatia

The Croatian plastic shutters and blinds market dropped to $X in 2022, with a decrease of -9.8% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.6% against 2020 indices. Plastic shutters and blinds consumption peaked at $X in 2021, and then contracted in the following year.

Production of Plastic Shutters And Blinds in Croatia

In value terms, plastic shutters and blinds production shrank to $X in 2022 estimated in export price. In general, production, however, posted temperate growth. The most prominent rate of growth was recorded in 2016 with an increase of 37% against the previous year. Over the period under review, production attained the maximum level at $X in 2021, and then contracted in the following year.

Exports of Plastic Shutters And Blinds

Exports from Croatia

In 2022, shipments abroad of plastic shutters and blinds decreased by -4.6% to X units, falling for the second consecutive year after five years of growth. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 40%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic shutters and blinds exports expanded slightly to $X in 2022. Overall, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2018 when exports increased by 66% against the previous year. 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

Slovenia (X units) was the main destination for plastic shutters and blinds exports from Croatia, accounting for a 53% share of total exports. Moreover, plastic shutters and blinds exports to Slovenia exceeded the volume sent to the second major destination, Germany (X units), twofold. Bosnia and Herzegovina (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovenia stood at +19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+37.1% per year) and Bosnia and Herzegovina (-8.0% per year).

In value terms, Slovenia ($X) remains the key foreign market for plastic shutters and blinds exports from Croatia, comprising 53% of total exports. The second position in the ranking was held by Germany ($X), with a 24% share of total exports. It was followed by Austria, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia amounted to +25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+46.8% per year) and Austria (+20.0% per year).

Export Prices by Country

In 2022, the average plastic shutters and blinds export price amounted to $X per unit, increasing by 7.2% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 122%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 North Macedonia (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into Croatia

Plastic shutters and blinds imports into Croatia shrank to X units in 2022, with a decrease of -8.5% on 2021 figures. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +8.2% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 36%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, plastic shutters and blinds imports contracted to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +17.0% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 47%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of plastic shutters and blinds to Croatia, accounting for a 51% share of total imports. Moreover, plastic shutters and blinds imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X units), fourfold. The third position in this ranking was taken by Slovenia (X units), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+12.1% per year) and Slovenia (+4.7% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic shutters and blinds to Croatia, comprising 41% of total imports. The second position in the ranking was taken by Slovenia ($X), with a 20% share of total imports. It was followed by Slovakia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+12.1% per year) and Slovakia (+12.7% per year).

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, picking up by 4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2016 when the average import price increased by 8.3% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

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 Slovenia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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