Croatia: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Croatia

The Croatian washing and drying machine market was estimated at $X in 2022, with an increase of 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). In general, the total consumption 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, consumption increased by X% against 2016 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in years to come.

Exports of Household Washing and Drying Machines

Exports from Croatia

After ten years of growth, shipments abroad of household washing and drying machines decreased by X% to X units in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X units in 2021, and then shrank in the following year.

In value terms, washing and drying machine exports declined to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Slovenia (X units) was the main destination for washing and drying machine exports from Croatia, with a X% share of total exports. Moreover, washing and drying machine exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X units), twofold. The third position in this ranking was held by Bosnia and Herzegovina (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovenia stood at 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 ($X) remains the key foreign market for household washing and drying machines exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Serbia ($X), with an X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value 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).

Export Prices by Country

The average washing and drying machine export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Albania ($X per unit) and North Macedonia ($X per unit), while the average price for exports to Greece ($X per unit) and Montenegro ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into Croatia

In 2022, approx. X units of household washing and drying machines were imported into Croatia; growing by X% compared with 2021 figures. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, washing and drying machine imports rose to $X in 2022. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Slovenia (X units) and Turkey (X units) were the main suppliers of washing and drying machine imports to Croatia, together accounting for X% of total imports. Poland, Slovakia, Italy, Romania and Ukraine lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest washing and drying machine suppliers to Croatia were China ($X), Slovenia ($X) and Turkey ($X), together accounting for X% of total imports. Poland, Italy, Slovakia, Romania and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Romania, 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 washing and drying machine import price amounted to $X per unit, remaining stable against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Slovenia ($X per unit) and Poland ($X per unit), while the price for Slovakia ($X per unit) and China ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :