Croatia: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in Croatia

The Croatian waterproof footwear market contracted remarkably to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, saw a prominent increase. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Waterproof Footwear Production in Croatia

In value terms, waterproof footwear production rose markedly to $X in 2022 estimated in export price. Overall, production saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Waterproof footwear production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Waterproof Footwear Exports

Exports from Croatia

After four years of decline, shipments abroad of waterproof footwear increased by X% to X pairs in 2022. Over the period under review, exports saw a perceptible increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X pairs. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, waterproof footwear exports dropped slightly to $X in 2022. In general, exports saw moderate growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Slovenia (X pairs) was the main destination for waterproof footwear exports from Croatia, accounting for a X% share of total exports. Moreover, waterproof footwear exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X pairs), fourfold. Bosnia and Herzegovina (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for waterproof footwear exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with an X% share of total exports. It was followed by Serbia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Serbia (X% per year).

Export Prices by Country

The average waterproof footwear export price stood at $X per pair in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per pair in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per pair), while the average price for exports to Greece ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced mixed trend patterns.

Waterproof Footwear Imports

Imports into Croatia

In 2022, approx. X pairs of waterproof footwear were imported into Croatia; with a decrease of X% on the year before. In general, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X pairs. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, waterproof footwear imports expanded notably to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Hungary (X pairs), Italy (X pairs) and Slovenia (X pairs) were the main suppliers of waterproof footwear imports to Croatia, together accounting for X% of total imports. China, Slovakia, Poland, Lithuania, Bosnia and Herzegovina, Germany, Spain, Serbia and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of waterproof footwear to Croatia, comprising X% of total imports. The second position in the ranking was held by Slovenia ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

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

Import Prices by Country

The average waterproof footwear import price stood at $X per pair in 2022, surging by X% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waterproof footwear import price increased by X% against 2016 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Austria ($X per pair), while the price for Hungary ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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