Croatia: Wooden Frame Market 2025

Wooden Frame Market Size in Croatia

The Croatian wooden frame market shrank markedly to $X in 2022, with a decrease of -16.2% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.0% 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 +1.3% against 2020 indices. Wooden frame consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Wooden Frame Production in Croatia

In value terms, wooden frame production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by 56% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Wooden Frame Exports

Exports from Croatia

In 2022, the amount of wooden frames for paintings, photographs, mirrors or similar objects exported from Croatia contracted to X units, therefore, remained relatively stable against 2021 figures. In general, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2016 with an increase of 303%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden frame exports rose significantly to $X in 2022. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 when exports increased by 378%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Serbia (X units) and Bosnia and Herzegovina (X units) were the main destinations of wooden frame exports from Croatia, with a combined 92% share of total exports. Montenegro, Slovenia and Italy lagged somewhat behind, together accounting for a further 4.2%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Montenegro (with a CAGR of +25.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Croatia, comprising 51% of total exports. The second position in the ranking was held by Serbia ($X), with a 22% share of total exports. It was followed by Bosnia and Herzegovina, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+24.2% per year) and Bosnia and Herzegovina (+0.8% per year).

Export Prices by Country

The average wooden frame export price stood at $X per unit in 2022, surging by 8.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 44%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($X per unit), while the average price for exports to Serbia ($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 Slovenia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Frame Imports

Imports into Croatia

In 2022, approx. X units of wooden frames for paintings, photographs, mirrors or similar objects were imported into Croatia; with a decrease of -21% compared with the previous year's figure. Over the period under review, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of 43%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame imports fell markedly to $X in 2022. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2015 when imports increased by 41%. Imports peaked at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

Poland (X units), Germany (X units) and Hungary (X units) were the main suppliers of wooden frame imports to Croatia, together comprising 74% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +96.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Hungary ($X) constituted the largest wooden frame suppliers to Croatia, with a combined 60% share of total imports. Italy, Romania, Slovenia, Slovakia and China lagged somewhat behind, together comprising a further 34%.

Among the main suppliers, Romania, with a CAGR of +89.4%, 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

In 2022, the average wooden frame import price amounted to $X per unit, increasing by 7.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :