Croatia: Market for Vacuum Cleaners With Motor 2024

Market Size for Vacuum Cleaners With Motor in Croatia

The Croatian vacuum cleaner with motor market shrank to $X in 2022, which is down by 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). Over the period under review, consumption, however, posted measured growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Vacuum Cleaners With Motor

Exports from Croatia

Vacuum cleaner with motor exports from Croatia skyrocketed to X units in 2022, increasing by X% on the year before. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, vacuum cleaner with motor exports totaled $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X units) was the main destination for vacuum cleaner with motor exports from Croatia, accounting for a X% share of total exports. Moreover, vacuum cleaner with motor exports to Serbia exceeded the volume sent to the second major destination, Poland (X units), threefold. Bosnia and Herzegovina (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, the largest markets for vacuum cleaner with motor exported from Croatia were Poland ($X), Slovenia ($X) and Bosnia and Herzegovina ($X), together comprising X% of total exports. Serbia, Switzerland, Hungary, Montenegro, North Macedonia, Albania, Kosovo, Hong Kong SAR and Ireland lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vacuum cleaner with motor export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

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

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Imports of Vacuum Cleaners With Motor

Imports into Croatia

In 2022, vacuum cleaner with motor imports into Croatia dropped slightly to X units, which is down by X% against the year before. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, vacuum cleaner with motor imports declined to $X in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), Germany (X units) and Slovenia (X units) were the main suppliers of vacuum cleaner with motor imports to Croatia.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and China (X% per year).

Import Prices by Country

The average vacuum cleaner with motor import price stood at $X per unit in 2022, approximately mirroring the previous year. In general, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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