Croatia: Hat And Headgear Market 2024

Hat And Headgear Market Size in Croatia

The Croatian hat and headgear market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, consumption enjoyed a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Production in Croatia

In value terms, hat and headgear production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

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Hat And Headgear Exports

Exports from Croatia

In 2022, overseas shipments of hats and other headgear increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports showed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear exports rose significantly to $X in 2022. Over the period under review, total exports indicated a resilient expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Austria (X units), Italy (X units) and Romania (X units) were the main destinations of hat and headgear exports from Croatia, together accounting for X% of total exports. Bosnia and Herzegovina, Serbia, Germany, Georgia, Slovenia and Greece lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for hat and headgear exported from Croatia were Italy ($X), Austria ($X) and Germany ($X), together accounting for X% of total exports. Serbia, Romania, Slovenia, Bosnia and Herzegovina, Georgia and Greece lagged somewhat behind, together comprising a further X%.

Greece, 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 hat and headgear export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Greece ($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 a decline.

Hat And Headgear Imports

Imports into Croatia

In 2022, supplies from abroad of hats and other headgear increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, hat and headgear imports soared to $X in 2022. Over the period under review, 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 most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Germany (X units) and Hungary (X units) were the main suppliers of hat and headgear imports to Croatia, together accounting for X% of total imports. Italy, Poland, Slovakia, Slovenia, Austria and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest hat and headgear suppliers to Croatia were Italy ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Slovenia, Austria, Poland, Hungary, Slovakia and France lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Slovakia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average hat and headgear import price amounted to $X per unit, rising by X% against the previous year. In general, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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