Croatia - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights

Croatia: T-Shirt Market Overview 2020

T-Shirt Market Size in Croatia

The revenue of the t-shirt market in Croatia amounted to $X in 2018, increasing by X% against the previous year. In general, t-shirt consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, the t-shirt market attained its peak level of $X. From 2009 to 2018, the growth of the t-shirt market remained at a somewhat lower figure.

T-Shirt Production in Croatia

In value terms, t-shirt production totaled $X in 2018 estimated in export prices. Over the period under review, t-shirt production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, t-shirt production attained its peak figure level at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

T-Shirt Exports

Exports from Croatia

T-shirt exports from Croatia totaled X tonnes in 2018, surging by X% against the previous year. In general, t-shirt exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, t-shirt exports attained their maximum at X tonnes in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, t-shirt exports totaled $X in 2018. Overall, t-shirt exports continue to indicate a temperate curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, t-shirt exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for t-shirt exports from Croatia, with a X% share of total exports. Moreover, t-shirt exports to Germany exceeded the volume sent to the second major destination, Italy (X tonnes), twofold. Spain (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Spain (+X% per year).

In value terms, Germany ($X) remains the key foreign market for t-shirt exports from Croatia, comprising X% of total t-shirt exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Slovenia (+X% per year).

Export Prices by Country

In 2018, the average t-shirt export price amounted to $X per tonne, lowering by -X% against the previous year. In general, the t-shirt export price continues to indicate a moderate decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovenia ($X per tonne), while the average price for exports to Spain ($X per tonne) 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 mixed trend patterns.

T-Shirt Imports

Imports into Croatia

In 2018, the t-shirt imports into Croatia totaled X tonnes, surging by X% against the previous year. Overall, the total imports indicated a temperate expansion from 2007 to 2018: its volume 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, t-shirt imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, t-shirt imports amounted to $X in 2018. Overall, the total imports indicated a moderate expansion 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, t-shirt imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tonnes), Italy (X tonnes) and Bosnia and Herzegovina (X tonnes) were the main suppliers of t-shirt imports to Croatia, together accounting for X% of total imports. Slovakia, Austria, Spain, Slovenia, China, Turkey, Belgium, Bangladesh and Poland lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) appeared to be the largest t-shirt suppliers to Croatia, with a combined X% share of total imports. These countries were followed by Spain, Slovenia, Slovakia, China, Bosnia and Herzegovina, Turkey, Belgium, Poland and Bangladesh, which together accounted for a further X (+X% per year) recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average t-shirt import price stood at $X per tonne in 2018, remaining relatively unchanged against the previous year. Overall, the t-shirt import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. In that year, the average import prices for t-shirts attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for t-shirts remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Slovenia ($X per tonne), while the price for Bosnia and Herzegovina ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovenia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform