Croatia: Sunglasses Market Overview 2020

Sunglasses Market Size in Croatia

The revenue of the sunglasses market in Croatia amounted to $X in 2018, jumping by X% against the previous year. In general, sunglasses consumption continues to indicate a conspicuous increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the sunglasses market attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Sunglasses Production in Croatia

In value terms, sunglasses production stood at $X in 2018 estimated in export prices. Overall, sunglasses production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when production volume increased by X% against the previous year. Over the period under review, sunglasses production reached its maximum level at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Sunglasses Exports

Exports from Croatia

In 2018, the amount of sunglasses exported from Croatia totaled X units, shrinking by -X% against the previous year. Overall, sunglasses exports continue to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. In that year, sunglasses exports reached their peak of X units. From 2009 to 2018, the growth of sunglasses exports remained at a lower figure.

In value terms, sunglasses exports stood at $X in 2018. Over the period under review, sunglasses exports continue to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The Czech Republic (X units), Bosnia and Herzegovina (X units) and Montenegro (X units) were the main destinations of sunglasses exports from Croatia, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Montenegro, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Turkey ($X) and Slovenia ($X) were the largest markets for sunglasses exported from Croatia worldwide, with a combined X% share of total exports.

Turkey (+X% per year) recorded the highest growth rate of 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 sunglasses export price amounted to $X per unit, jumping by X% against the previous year. In general, the sunglasses export price continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. The export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per unit), while the average price for exports to the Czech Republic ($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 Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Sunglasses Imports

Imports into Croatia

In 2018, the sunglasses imports into Croatia totaled X units, jumping by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, sunglasses imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, sunglasses imports amounted to $X in 2018. Overall, the total imports indicated a moderate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunglasses imports increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, sunglasses imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

China (X units), Italy (X units) and Slovenia (X units) were the main suppliers of sunglasses imports to Croatia, together comprising X% of total imports. Hungary, the Netherlands, the Czech Republic and Poland lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual rate of growth in terms of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Slovenia (+X% per year).

Import Prices by Country

The average sunglasses import price stood at $X per unit in 2018, reducing by -X% against the previous year. In general, the sunglasses import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per unit in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox AI Platform