Croatia: Belt And Bandolier Market Overview 2021

Belt And Bandolier Market Size in Croatia

In 2020, the Croatian belt and bandolier market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a deep contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Belt and bandolier consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Belt And Bandolier Production in Croatia

In value terms, belt and bandolier production rose modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Belt And Bandolier Exports

Exports from Croatia

In 2020, after two years of growth, there was significant decline in overseas shipments of belts and bandoliers, when their volume decreased by -X% to X tonnes. In general, exports, however, saw notable growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, belt and bandolier exports stood at $X in 2020. Over the period under review, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

Switzerland (X tonnes), Serbia (X tonnes) and Slovenia (X tonnes) were the main destinations of belt and bandolier exports from Croatia, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Switzerland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for belt and bandolier exported from Croatia were Switzerland ($X), Slovenia ($X) and Serbia ($X), together accounting for X% of total exports. These countries were followed by Italy, Bosnia and Herzegovina, South Korea, Macedonia and Spain, which together accounted for a further X Korea (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average belt and bandolier export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, export price indicated a perceptible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, belt and bandolier export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to Bosnia and Herzegovina ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Belt And Bandolier Imports

Imports into Croatia

In 2020, the amount of belts and bandoliers imported into Croatia shrank sharply to X tonnes, waning by -X% against 2019 figures. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, belt and bandolier imports shrank to $X in 2020. In general, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of belt and bandolier to Croatia, with a X% share of total imports. Moreover, belt and bandolier imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), twofold. The third position in this ranking was occupied by Austria (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Austria (+X% per year).

In value terms, the largest belt and bandolier suppliers to Croatia were Germany ($X), Italy ($X) and Austria ($X), with a combined X% share of total imports. These countries were followed by Spain, the Netherlands, Slovenia, Poland, the Czech Republic, Sweden, Slovakia, Turkey and China, which together accounted for a further X terms of the main suppliers, Slovakia (+X% per year) recorded the highest rates of growth with regard to 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

The average belt and bandolier import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, import price indicated a strong increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, belt and bandolier import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for belts and bandoliers in the world?

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The country with the largest volume of belt and bandolier consumption was China (24K tonnes), comprising approx. 22% of total volume. Moreover, belt and bandolier consumption in China exceeded the figures recorded by the second-largest consumer, India (8.4K tonnes), threefold. The third position in this ranking was occupied by the U.S. (6.4K tonnes), with a 5.9% share.

What are the largest producers of belts and bandoliers in the world?

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China (34K tonnes) remains the largest belt and bandolier producing country worldwide, comprising approx. 32% of total volume. Moreover, belt and bandolier production in China exceeded the figures recorded by the second-largest producer, India (11K tonnes), threefold. The third position in this ranking was occupied by Pakistan (3.4K tonnes), with a 3.2% share.

What are the leading suppliers of belts and bandoliers to Croatia?

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In value terms, Germany ($761K), Italy ($698K) and Austria ($285K) were the largest belt and bandolier suppliers to Croatia, with a combined 65% share of total imports. These countries were followed by Spain, the Netherlands, Slovenia, Poland, the Czech Republic, Sweden, Slovakia, Turkey and China, which together accounted for a further 30%.

What are the leading importers of belts and bandoliers from Croatia?

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In value terms, the largest markets for belt and bandolier exported from Croatia were Switzerland ($180K), Slovenia ($94K) and Serbia ($92K), together accounting for 61% of total exports. These countries were followed by Italy, Bosnia and Herzegovina, South Korea, Macedonia and Spain, which together accounted for a further 23%.

What is the average export price for belts and bandoliers in Croatia?

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The average belt and bandolier export price stood at $69,340 per tonne in 2020, rising by 22% against the previous year.

What is the average import price for belts and bandoliers in Croatia?

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The average belt and bandolier import price stood at $48,980 per tonne in 2020, with an increase of 13% against the previous year.