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Report Croatia - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Croatia - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Microwave Oven Market 2023

Microwave Oven Market Size in Croatia

The Croatian microwave oven market skyrocketed to $X in 2021, picking up by 24% 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). Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +90.7% against 2012 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Microwave Oven Exports

Exports from Croatia

Microwave oven exports from Croatia surged to X units in 2021, increasing by 26% compared with the previous year. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 118%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, microwave oven exports surged to $X in 2021. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 176% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Slovenia (X units) was the main destination for microwave oven exports from Croatia, with a 29% share of total exports. Moreover, microwave oven exports to Slovenia exceeded the volume sent to the second major destination, Lithuania (X units), threefold. The third position in this ranking was held by Albania (X units), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia amounted to +38.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+43.4% per year) and Albania (+27.1% per year).

In value terms, Slovenia ($X) remains the key foreign market for microwave oven exports from Croatia, comprising 27% of total exports. The second position in the ranking was taken by Albania ($X), with an 11% share of total exports. It was followed by Lithuania, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovenia amounted to +35.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (+35.0% per year) and Lithuania (+48.0% per year).

Export Prices by Country

The average microwave oven export price stood at $X per unit in 2021, growing by 2.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 40% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was North Macedonia ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Microwave Oven Imports

Imports into Croatia

For the fourth consecutive year, Croatia recorded growth in purchases abroad of microwave ovens, which increased by 16% to X units in 2021. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by 20% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, microwave oven imports soared to $X in 2021. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest microwave oven supplier to Croatia, with a 41% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, Slovenia (X units), twofold. Hungary (X units) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+95.8% per year) and Hungary (+112.0% per year).

In value terms, China ($X), Slovenia ($X) and Hungary ($X) constituted the largest microwave oven suppliers to Croatia, with a combined 66% share of total imports.

Hungary, with a CAGR of +116.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average microwave oven import price stood at $X per unit in 2021, picking up by 10% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hungary ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in the world?
+
China remains the largest microwave oven consuming country worldwide, accounting for 27% of total volume. Moreover, microwave oven consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Russia ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of microwave ovens in the world?
+
China remains the largest microwave oven producing country worldwide, accounting for 66% of total volume. Moreover, microwave oven production in China exceeded the figures recorded by the second-largest producer, Malaysia, more than tenfold. India ranked third in terms of total production with a 4.1% share.
What are the leading suppliers of microwave ovens to Croatia?
+
In value terms, China, Slovenia and Hungary were the largest microwave oven suppliers to Croatia, together accounting for 66% of total imports.
What are the leading importers of microwave ovens from Croatia?
+
In value terms, Slovenia remains the key foreign market for microwave oven exports from Croatia, comprising 27% of total exports. The second position in the ranking was held by Albania, with an 11% share of total exports. It was followed by Lithuania, with an 8.6% share.
What is the average export price for microwave ovens in Croatia?
+
The average microwave oven export price stood at $67 per unit in 2021, picking up by 2.1% against the previous year.
What is the average import price for microwave ovens in Croatia?
+
In 2021, the average microwave oven import price amounted to $50 per unit, increasing by 10% against the previous year.

This report provides an in-depth analysis of the microwave oven market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 27512700 - Domestic microwave ovens
Country coverage:
• Croatia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Croatia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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