Croatia - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Croatia - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights

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Refrigerator and Freezer Price in Croatia - 2023

Contents:

  1. Refrigerator and Freezer Price in Croatia (CIF) - 2022
  2. Refrigerator and Freezer Price in Croatia (FOB) - 2022
  3. Refrigerator and Freezer Imports in Croatia
  4. Refrigerator and Freezer Exports in Croatia

Refrigerator and Freezer Price in Croatia (CIF) - 2022

In 2022, the average refrigerator and freezer import price amounted to $189 per unit, dropping by -3.2% against the previous year. Over the period under review, the import price saw a mild downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $294 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($351 per unit), while the price for Serbia ($114 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Refrigerator and Freezer Price in Croatia (FOB) - 2022

In 2022, the average refrigerator and freezer export price amounted to $220 per unit, dropping by -4.5% against the previous year. Overall, the export price showed a slight decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 9.9%. The export price peaked at $283 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($383 per unit), while the average price for exports to Ukraine ($96 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 Kosovo (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator and Freezer Imports in Croatia

In 2022, the amount of refrigerators and freezers imported into Croatia contracted slightly to 310K units, almost unchanged from the year before. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of 313K units, leveling off in the following year.

In value terms, refrigerator and freezer imports contracted slightly to $59M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $61M, and then dropped modestly in the following year.

Import of Refrigerator and Freezer in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.711.617.315.922.3%
Turkey8.88.011.510.56.1%
Serbia7.16.27.16.2-4.4%
Italy4.13.55.15.812.3%
Poland5.94.86.15.5-2.3%
Romania3.12.02.73.87.0%
Slovenia5.14.64.23.5-11.8%
Hungary3.52.62.01.2-30.0%
Others6.44.45.26.1-1.6%
Total52.747.761.158.73.7%

Top Suppliers of Refrigerator and Freezer to Croatia in 2022:

  1. China (106.5K units)
  2. Turkey (58.1K units)
  3. Serbia (54.6K units)
  4. Italy (20.9K units)
  5. Romania (18.6K units)
  6. Poland (15.5K units)
  7. Slovenia (11.9K units)
  8. Hungary (6.3K units)

Refrigerator and Freezer Exports in Croatia

Refrigerator and freezer exports from Croatia reduced remarkably to 38K units in 2022, which is down by -17.8% against 2021 figures. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 24%. As a result, the exports reached the peak of 46K units, and then contracted remarkably in the following year.

In value terms, refrigerator and freezer exports declined remarkably to $8.3M in 2022. Over the period under review, exports saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of $11M, and then declined notably in the following year.

Export of Refrigerator and Freezer in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia5,1053,2544,1233,175-14.6%
Serbia1,6511,7081,219957-16.6%
Bosnia and Herzegovina1,4721,0071,086890-15.4%
Hungary60.7231496554109.0%
Montenegro24243636253830.5%
Albania3483667044488.8%
KosovoN/A22260142037.5%
North Macedonia277348653216-8.0%
Slovakia5.450.2174201233.9%
UkraineN/AN/A4.91472900.0%
Romania9.0N/A435122138.4%
PolandN/A145151104-15.3%
Czech Republic19.311.149.592.868.8%
Others3962594613960.0%
Total9,5868,03810,5218,260-4.8%

Top Export Markets for Refrigerator and Freezer from Croatia in 2022:

  1. Slovenia (14.1K units)
  2. Bosnia and Herzegovina (6.2K units)
  3. Hungary (3.3K units)
  4. Serbia (3.0K units)
  5. Montenegro (2.1K units)
  6. Ukraine (1.5K units)
  7. Albania (1.2K units)
  8. Kosovo (1.1K units)
  9. Slovakia (1.0K units)
  10. Romania (0.9K units)
  11. Poland (0.9K units)
  12. Czech Republic (0.7K units)
  13. North Macedonia (0.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the refrigerator and freezer 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 27511110 - Combined refrigerators-freezers, with separate external doors
  • Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
  • Prodcom 27511135 - Compression-type built-in refrigerators
  • Prodcom 27511150 - Chest freezers of a capacity . .800 litres
  • Prodcom 27511170 - Upright freezers of a capacity . .900 litres

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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