Croatia: Contact Lense Market 2024

Contact Lense Market Size in Croatia

In 2022, the Croatian contact lense market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. In general, consumption posted significant growth. Over the period under review, the market hit record highs at $X in 2021, and then reduced in the following year.

Contact Lense Production in Croatia

In value terms, contact lense production totaled $X in 2022 estimated in export price. Over the period under review, production saw a slight downturn. The growth pace was the most rapid in 2013 with an increase of X%. Contact lense production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Contact Lense Exports

Exports from Croatia

In 2022, after four years of growth, there was significant decline in overseas shipments of contact lenses, when their volume decreased by X% to X units. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then dropped in the following year.

In value terms, contact lense exports declined to $X in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Slovenia (X units), Hungary (X units) and Serbia (X units) were the main destinations of contact lense exports from Croatia, together comprising X% of total exports.

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

In value terms, Slovenia ($X), Hungary ($X) and Bosnia and Herzegovina ($X) appeared to be the largest markets for contact lense exported from Croatia worldwide, with a combined X% share of total exports.

Slovenia, with a CAGR of X%, saw the highest growth rate of 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 2022, the average contact lense export price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Slovenia ($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 Serbia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Contact Lense Imports

Imports into Croatia

In 2022, overseas purchases of contact lenses increased by X% to X units, rising for the seventh consecutive year after two years of decline. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, contact lense imports fell markedly to $X in 2022. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest contact lense supplier to Croatia, with a X% share of total imports. Moreover, contact lense imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), ninefold. Slovenia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X) constituted the largest supplier of contact lenses to Croatia, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average contact lense import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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