Croatia: Washing Machine Market Overview 2020

Washing Machine Market Size in Croatia

The revenue of the washing machine market in Croatia amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated modest growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, washing machine consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. In that year, the washing machine market attained its peak level and is likely to continue its growth in the immediate term.

Washing Machine Exports

Exports from Croatia

In 2018, the amount of household washing and drying machines exported from Croatia stood at X units, going down by -X% against the previous year. Overall, washing machine exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Exports peaked at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, washing machine exports totaled $X in 2018. Overall, washing machine exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, washing machine exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Serbia (X units), Bosnia and Herzegovina (X units) and Slovenia (X units) were the main destinations of washing machine exports from Croatia, together comprising X% of total exports. Albania, Macedonia, Israel and the Netherlands lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Israel, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for washing machine exported from Croatia were Bosnia and Herzegovina ($X), Serbia ($X) and Slovenia ($X), together accounting for X% of total exports. These countries were followed by Albania, Macedonia, the Netherlands and Israel, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average washing machine export price amounted to $X per unit, flattening at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for household washing and drying machines reached their peak level of $X per unit. From 2009 to 2018, the growth in terms of the average export prices for household washing and drying machines failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovenia ($X per unit), while the average price for exports to Albania ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Macedonia, while the prices for the other major destinations experienced more modest paces of growth.

Washing Machine Imports

Imports into Croatia

In 2018, approx. X units of household washing and drying machines were imported into Croatia; surging by X% against the previous year. Over the period under review, washing machine imports continue to indicate a pronounced increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. In that year, washing machine imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, washing machine imports stood at $X in 2018. In general, washing machine imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. In that year, washing machine imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

Turkey (X units), Slovenia (X units) and Poland (X units) were the main suppliers of washing machine imports to Croatia, with a combined X% share of total imports. These countries were followed by China, Italy, Ukraine and Slovakia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, the largest washing machine suppliers to Croatia were Slovenia ($X), Turkey ($X) and Poland ($X), with a combined X% share of total imports. These countries were followed by China, Italy, Ukraine and Slovakia, which together accounted for a further X terms of the main suppliers, Ukraine experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average washing machine import price stood at $X per unit in 2018, reducing by -X% against the previous year. Overall, the washing machine import price continues to indicate a significant reduction. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, the average import prices for household washing and drying machines reached their peak figure at $X per unit in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform