Croatia: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Croatia

The Croatian household sewing machine market declined to $X in 2022, waning by X% against the previous year. Overall, consumption saw a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Household Sewing Machine Production in Croatia

In value terms, household sewing machine production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Household Sewing Machine Exports

Exports from Croatia

For the third year in a row, Croatia recorded growth in shipments abroad of household sewing machines, which increased by X% to X units in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, household sewing machine exports surged to $X in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X units), the United States (X units) and the UK (X units) were the main destinations of household sewing machine exports from Croatia, together comprising X% of total exports.

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

In value terms, the largest markets for household sewing machine exported from Croatia were the United States ($X), the Netherlands ($X) and the UK ($X), together accounting for X% of total exports.

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

Export Prices by Country

The average household sewing machine export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

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 the United States ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Croatia

In 2022, overseas purchases of household sewing machines decreased by X% to X units, falling for the fourth consecutive year after two years of growth. Overall, imports saw a slight reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, household sewing machine imports dropped markedly to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

Slovenia (X units), Germany (X units) and Romania (X units) were the main suppliers of household sewing machine imports to Croatia, together comprising X% of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of household sewing machines to Croatia, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total imports. It was followed by Poland, with an 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 Poland (X% per year).

Import Prices by Country

The average household sewing machine import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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