Report Update: Apr 1, 2024

Croatia - Braces, Suspenders And Garters - Market Analysis, Forecast, Size, Trends And Insights

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Braces and Garters Price in Croatia - 2023

Braces and Garters Price in Croatia (CIF) - 2023

The average braces and garters import price stood at $4.8 per unit in June 2023, shrinking by -20.8% against the previous month. Overall, import price indicated tangible growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, braces and garters import price increased by +69.2% against April 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 114% m-o-m. As a result, import price attained the peak level of $6.0 per unit, and then shrank notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($12.2 per unit), while the price for Turkey ($2.6 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Braces and Garters Price in Croatia (FOB) - 2023

The average braces and garters export price stood at $7.4 per unit in June 2023, dropping by -17.2% against the previous month. Over the period under review, the export price, however, recorded perceptible growth. The growth pace was the most rapid in March 2023 when the average export price increased by 55% against the previous month. As a result, the export price reached the peak level of $12.6 per unit. From April 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Slovenia ($15.2 per unit), while the average price for exports to Poland ($3.2 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Braces and Garters Imports in Croatia

In 2022, imports of braces, suspenders and garters into Croatia declined markedly to 1.1M units, dropping by -23.5% compared with the previous year's figure. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 0.7% against the previous year. Imports peaked at 1.8M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, braces and garters imports reduced markedly to $4.2M in 2022. Overall, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 6.6%. Imports peaked at $7.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Braces and Garters in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Serbia	1,680	1,670	2,272	1,472	-4.3%
Italy	906	921	593	841	-2.5%
Germany	839	689	594	715	-5.2%
Slovenia	386	402	703	413	2.3%
China	2,862	833	928	204	-58.5%
Others	572	694	464	510	-3.8%
Total	7,246	5,210	5,554	4,156	-16.9%

Top Suppliers of Braces and Garters to Croatia in 2022:

Serbia (554.4K units)
Italy (170.8K units)
Germany (138.6K units)
China (64.4K units)
Slovenia (36.8K units)

Braces and Garters Exports in Croatia

Braces and garters exports from Croatia contracted significantly to 271K units in 2022, shrinking by -38.4% compared with the year before. Over the period under review, exports recorded a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 2.4%. Over the period under review, the exports reached the maximum at 660K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, braces and garters exports reduced remarkably to $1.7M in 2022. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. The exports peaked at $3.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Braces and Garters in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	875	798	1,125	812	-2.5%
Germany	374	302	293	320	-5.1%
Italy	290	264	858	318	3.1%
Bosnia and Herzegovina	63.4	58.9	58.9	66.1	1.4%
Serbia	1,586	809	389	35.9	-71.7%
Spain	26.1	15.0	32.8	24.1	-2.6%
France	3.9	0.9	4.0	23.9	83.0%
Others	97.9	71.9	103	107	3.0%
Total	3,318	2,320	2,863	1,707	-19.9%

Top Export Markets for Braces and Garters from Croatia in 2022:

Italy (75.6K units)
Slovenia (74.8K units)
Germany (44.5K units)
Bosnia and Herzegovina (29.6K units)
France (7.7K units)
Spain (6.9K units)
Serbia (6.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the braces and garters 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 14142570 - Braces, suspenders, garters and similar articles and parts thereof

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