Croatia: Footwear Treatments Market 2024

Footwear Treatments Market Size in Croatia

The Croatian footwear treatments market shrank rapidly to $X in 2022, with a decrease of -16.6% against the previous year. Overall, consumption saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Footwear Treatments Production in Croatia

In value terms, footwear treatments production totaled $X in 2022 estimated in export price. Overall, production recorded a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 70%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Footwear Treatments Exports

Exports from Croatia

In 2022, after four years of growth, there was significant decline in overseas shipments of polishes and creams for footwear or leather, when their volume decreased by -34.4% to X tons. In general, exports recorded a noticeable descent. The pace of growth was the most pronounced in 2013 when exports increased by 104% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, footwear treatments exports reduced notably to $X in 2022. Over the period under review, exports, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2013 with an increase of 97% against the previous year. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for footwear treatments exports from Croatia, with a 68% share of total exports. Moreover, footwear treatments exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Poland (X kg), sevenfold. The third position in this ranking was held by Montenegro (X kg), with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+27.6% per year) and Montenegro (+12.9% per year).

In value terms, Bosnia and Herzegovina ($X) emerged as the key foreign market for polishes and creams for footwear or leather exports from Croatia, comprising 61% of total exports. The second position in the ranking was taken by Poland ($X), with a 12% share of total exports. It was followed by Montenegro, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bosnia and Herzegovina amounted to +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+26.9% per year) and Montenegro (+10.4% per year).

Export Prices by Country

In 2022, the average footwear treatments export price amounted to $X per ton, waning by -25.6% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports

Imports into Croatia

In 2022, approx. X tons of polishes and creams for footwear or leather were imported into Croatia; falling by -1.7% against 2021. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, footwear treatments imports shrank dramatically to $X in 2022. In general, imports saw a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 23%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of footwear treatments to Croatia, accounting for a 44% share of total imports. Moreover, footwear treatments imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-4.3% per year) and Poland (+58.7% per year).

In value terms, the largest footwear treatments suppliers to Croatia were Germany ($X), Austria ($X) and Poland ($X), with a combined 66% share of total imports.

Poland, with a CAGR of +52.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average footwear treatments import price stood at $X per ton in 2022, dropping by -21.1% against the previous year. Overall, the import price, however, saw a temperate increase. The growth pace was the most rapid in 2016 an increase of 46%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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