Price for Embroidery; in the Piece, in Strips or in Motifs in Croatia - 2023

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Croatia (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Croatia (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Croatia
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Croatia

Price for Embroidery; in the Piece, in Strips or in Motifs in Croatia (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $46,729 per ton, waning by -14.7% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2014 an increase of 35% against the previous year. As a result, import price reached the peak level of $108,248 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 ($192,145 per ton), while the price for Turkey ($10,066 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Embroidery; in the Piece, in Strips or in Motifs in Croatia (FOB) - 2022

In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $186,266 per ton, rising by 124% against the previous year. Overall, the export price enjoyed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Serbia ($244,094 per ton), while the average price for exports to Italy ($35,795 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Croatia

In 2022, overseas purchases of embroidery; in the piece, in strips or in motifses decreased by -29.1% to 12 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year.

In value terms, imports of embroidery; in the piece, in strips or in motifses dropped rapidly to $571K in 2022. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 20%.

Import of Embroidery; in the Piece, in Strips or in Motifs in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3324733773340.2%
Germany16317724072.6-23.6%
Hungary15.231.816171.767.7%
Turkey49.060.670.723.2-22.1%
China7.93.11.018.633.0%
Austria12812639.116.9-49.1%
Netherlands7.311.02.54.8-13.0%
Others60.629.652.329.0-21.8%
Total762911944571-9.2%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Croatia in 2022:

  1. Hungary (6.0 tons)
  2. Turkey (2.3 tons)
  3. Italy (1.7 tons)
  4. China (0.8 tons)
  5. Germany (0.6 tons)
  6. Austria (0.4 tons)
  7. Netherlands (0.1 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Croatia

Exports of embroidery; in the piece, in strips or in motifses from Croatia contracted sharply to 384 kg in 2022, falling by -80.4% compared with the year before. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 446%. As a result, the exports attained the peak of 2 tons, and then fell sharply in the following year.

In value terms, exports of embroidery; in the piece, in strips or in motifses reduced rapidly to $72K in 2022. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 361% against the previous year. As a result, the exports attained the peak of $163K, and then declined significantly in the following year.

Export of Embroidery; in the Piece, in Strips or in Motifs in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina3.80.950.839.2117.7%
Serbia28.923.330.525.9-3.6%
Slovenia0.14.11.74.7260.9%
Italy3.01.251.91.6-18.9%
Sweden2.80.6N/AN/A-78.6%
Others6.05.327.90.2-67.8%
Total44.635.316371.517.0%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Croatia in 2022:

  1. Bosnia and Herzegovina (191.0 kg)
  2. Serbia (106.0 kg)
  3. Italy (44.0 kg)
  4. Slovenia (38.0 kg)

Source: IndexBox Market Intelligence Platform

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