Croatia: Woven Carpet Market 2024

Woven Carpet Market Size in Croatia

The Croatian woven carpet market contracted slightly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then reduced modestly in the following year.

Woven Carpet Production in Croatia

In value terms, woven carpet production declined notably to $X in 2022 estimated in export price. Overall, production faced a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Woven Carpet Exports

Exports from Croatia

For the sixth year in a row, Croatia recorded growth in shipments abroad of woven carpets and other woven textile coverings, which increased by X% to X square meters in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, woven carpet exports soared to $X in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Serbia (X square meters) was the main destination for woven carpet exports from Croatia, accounting for a X% share of total exports. Moreover, woven carpet exports to Serbia exceeded the volume sent to the second major destination, Kosovo (X square meters), more than tenfold. The third position in this ranking was taken by Slovenia (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kosovo (X% per year) and Slovenia (X% per year).

In value terms, Serbia ($X) remains the key foreign market for woven carpets and other woven textile coverings exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Kosovo ($X), with a X% share of total exports. It was followed by Montenegro, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Serbia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kosovo (X% per year) and Montenegro (X% per year).

Export Prices by Country

In 2022, the average woven carpet export price amounted to $X per square meter, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Over the period under review, the average export prices reached the maximum at $X per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kosovo ($X per square meter), while the average price for exports to Bosnia and Herzegovina ($X per square meter) was amongst the lowest.

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

Woven Carpet Imports

Imports into Croatia

In 2022, approx. X square meters of woven carpets and other woven textile coverings were imported into Croatia; falling by X% against the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, woven carpet imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

Belgium (X square meters), Romania (X square meters) and Germany (X square meters) were the main suppliers of woven carpet imports to Croatia, together accounting for X% of total imports. Poland, Turkey, Slovenia, Serbia, Italy, India and China lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest woven carpet suppliers to Croatia were Belgium ($X), Germany ($X) and Romania ($X), with a combined X% share of total imports. Slovenia, Turkey, Poland, Italy, Serbia, India and China lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of 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 woven carpet import price stood at $X per square meter in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Italy ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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