Croatia: T-Shirt Market Overview 2021

T-Shirt Market Size in Croatia

The Croatian t-shirt market stood at $X in 2020, surging by X% against the previous year. Over the period under review, consumption, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. T-shirt consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

T-Shirt Production in Croatia

In value terms, t-shirt production fell to $X in 2020 estimated in export prices. Over the period under review, production saw a abrupt descent. The pace of growth was the most pronounced in 2016 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

T-Shirt Exports

Exports from Croatia

In 2020, approx. X units of t-shirts were exported from Croatia; waning by -X% against the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of X units, and then contracted in the following year.

In value terms, t-shirt exports contracted to $X in 2020. Over the period under review, exports, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X units) 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 units), threefold. Slovakia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, 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 Slovakia (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Germany stood at -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 2020, the average t-shirt export price amounted to $X per unit, leveling off at the previous year. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. From 2014 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2007 to 2020, 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

For the third consecutive year, Croatia recorded growth in purchases abroad of t-shirts, which increased by X% to X units in 2020. In general, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, t-shirt imports fell to $X in 2020. Overall, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Hungary (X units) and Italy (X units) were the main suppliers of t-shirt imports to Croatia, together comprising X% of total imports. Belgium, Slovenia, Slovakia, Austria, Poland, Spain and Turkey lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest t-shirt suppliers to Croatia were Italy ($X), Germany ($X) and Austria ($X), with a combined X% share of total imports. Slovenia, Spain, Hungary, Slovakia, Belgium, Poland and Turkey lagged somewhat behind, together comprising a further X (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average t-shirt import price amounted to $X per unit, with a decrease of -X% against the previous year. Overall, import price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, t-shirt import price decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for t-shirts in the world?

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The countries with the highest volumes of t-shirt consumption in 2020 were China (4.5B units), the U.S. (2.3B units) and India (1.8B units), with a combined 42% share of global consumption.

What are the largest producers of t-shirts in the world?

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The country with the largest volume of t-shirt production was China (6.7B units), accounting for 30% of total volume. Moreover, t-shirt production in China exceeded the figures recorded by the second-largest producer, Bangladesh (3B units), twofold. India (2.5B units) ranked third in terms of total production with a 11% share.

What are the leading suppliers of t-shirts to Croatia?

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In value terms, the largest t-shirt suppliers to Croatia were Italy ($19M), Germany ($18M) and Austria ($9.1M), together accounting for 43% of total imports. These countries were followed by Slovenia, Spain, Hungary, Slovakia, Belgium, Poland and Turkey, which together accounted for a further 36%.

What are the leading importers of t-shirts from Croatia?

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In value terms, Germany ($15M) remains the key foreign market for t-shirt exports from Croatia, comprising 47% of total exports. The second position in the ranking was occupied by Italy ($7.1M), with a 22% share of total exports. It was followed by Slovenia, with a 6.6% share.

What is the average export price for t-shirts in Croatia?

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The average t-shirt export price stood at $2.7 per unit in 2020, almost unchanged from the previous year.

What is the average import price for t-shirts in Croatia?

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The average t-shirt import price stood at $3.1 per unit in 2020, with a decrease of -9.6% against the previous year.