Report Update: Apr 1, 2024

Croatia - Handbags - Market Analysis, Forecast, Size, Trends And Insights

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Handbag Price in Croatia - 2023

Handbag Price in Croatia (CIF) - 2022

In 2022, the average handbag import price amounted to $10 per unit, jumping by 28% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price 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. The growth pace was the most rapid in 2013 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($28 per unit), while the price for India ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Handbag Price in Croatia (FOB) - 2023

In August 2023, the average handbag export price amounted to $34.3 per unit, waning by -25.8% against the previous month. In general, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in July 2023 an increase of 93% month-to-month. As a result, the export price attained the peak level of $46.3 per unit, and then fell dramatically in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($169 per unit), while the average price for exports to Bosnia and Herzegovina ($9.3 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Handbag Imports in Croatia

In 2022, imports of handbags into Croatia fell to 3.3M units, shrinking by -13.6% on the year before. In general, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of 3.9M units, and then contracted in the following year.

In value terms, handbag imports rose notably to $34M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Handbag in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	11.1	7.9	9.6	11.6	1.5%
Germany	2.0	2.7	4.7	4.7	33.0%
Poland	1.3	1.8	3.4	3.6	40.4%
Slovenia	3.0	2.0	2.3	2.9	-1.1%
Spain	3.2	2.4	2.3	2.5	-7.9%
Netherlands	1.9	1.7	1.7	2.4	8.1%
Austria	0.7	0.8	1.0	1.1	16.3%
China	1.1	0.9	0.8	0.9	-6.5%
Slovakia	0.6	0.5	0.7	0.8	10.1%
Hungary	0.7	0.4	0.4	0.4	-17.0%
India	0.2	0.2	0.2	0.3	14.5%
Turkey	0.2	0.1	0.2	0.1	-20.6%
Others	3.4	2.9	3.0	2.3	-12.2%
Total	29.3	24.1	30.4	33.6	4.7%

Top Suppliers of Handbag to Croatia in 2022:

China (700.0K units)
Italy (522.3K units)
India (339.8K units)
Spain (309.4K units)
Poland (297.9K units)
Slovenia (259.3K units)
Hungary (202.9K units)
Germany (165.1K units)
Slovakia (148.3K units)
Turkey (74.3K units)
Netherlands (73.0K units)
Austria (50.4K units)

Handbag Exports in Croatia

In 2022, approx. 500K units of handbags were exported from Croatia; which is down by -7.8% on the previous year's figure. Overall, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 110% against the previous year. As a result, the exports reached the peak of 542K units, and then contracted in the following year.

In value terms, handbag exports reduced to $5.7M in 2022. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 81%. As a result, the exports attained the peak of $6.3M, and then shrank in the following year.

Export of Handbag in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	836	957	979	890	2.1%
Lithuania	45.4	91.3	217	801	160.3%
Bosnia and Herzegovina	360	258	341	382	2.0%
Germany	168	297	374	377	30.9%
Czech Republic	51.7	57.8	267	334	86.2%
Serbia	73.4	165	364	278	55.9%
Poland	58.9	78.3	227	257	63.4%
Slovenia	130	158	127	178	11.0%
Spain	187	164	167	129	-11.6%
Slovakia	14.3	35.3	40.5	115	100.3%
Georgia	38.3	28.6	40.6	35.9	-2.1%
Others	1,549	1,166	3,120	1,923	7.5%
Total	3,512	3,456	6,264	5,699	17.5%

Top Export Markets for Handbag from Croatia in 2022:

Bosnia and Herzegovina (170.0K units)
Serbia (80.4K units)
Lithuania (66.4K units)
Italy (43.5K units)
Slovakia (24.4K units)
Spain (16.8K units)
Slovenia (16.7K units)
Poland (8.7K units)
Czech Republic (8.3K units)
Germany (8.3K units)
Georgia (7.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the handbag 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 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)

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