Market research

Electric sound amplifier sets market in Croatia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Croatian market for electric sound amplifier sets experienced notable fluctuations between 2018 and 2024. Starting at 5 891 units in 2018, market volume grew steadily to reach 7 900 units by 2020. After a period of stabilization in 2021, consumption contracted to 6 630 units in 2022. However, a sharp rebound followed in 2023, with the market expanding to 10 557 units, and growth continued into 2024, reaching 12 507 units.

The market's strong performance in 2024 coincided with increased consumer interest in high-quality audio equipment, including Hi-Fi speakers, reflecting a preference for enhanced sound experiences. Furthermore, the growing electric vehicle market in Croatia may have indirectly stimulated demand for electronic devices, as broader technological adoption and awareness rose. The availability of portable, battery-powered stereo amplifiers also indicated a diversification of products catering to practical and home use.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Croatia
  1. 5.1.1. In kind, 2018-2024, unit
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, unit
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, unit
    1. 6.1.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, unit
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, unit
    1. 6.2.2.1. Annual dynamics of product's imports to Croatia in kind, 2018-2024, unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Croatia by countries, 2018-2024, unit
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Croatia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Croatia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Croatia, 2018-2024, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Croatia by countries, 2018-2024, $ US/unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, unit
    1. 7.1.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, unit
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, unit
    1. 7.2.2.1. Annual dynamics of product's exports from Croatia in kind, 2018-2024, unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Croatia by countries, 2018-2024, unit
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Croatia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Croatia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Croatia, 2018-2024, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Croatia by countries, 2018-2024, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, unit
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production electric sound amplifier sets in Croatia

In value, 2017-2020, K $ US

In 2020, Croatia's production of electric sound amplifier sets was valued at 483.3 thousand US dollars, showing a modest 3.2% decrease from 2019. Over the period from 2017 to 2020, production declined by 11.4%, which translates to an annualized rate of 3.9%. The lowest value was recorded in 2018 at 447.5 thousand US dollars, with the largest decline of 17.9% occurring that year. In contrast, 2019 saw the largest increase of 11.6%.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(17.9%)	11.6%	(3.2%)	(3.9%)

Source: SHEV.io

In kind, 2017-2020, unit

Market performance showed noticeable fluctuations during this period. Production volume peaked in 2019 and reached its lowest point in 2020, with a 3.4-fold difference between these years. In 2020, Croatia produced 138.0 units of electric sound amplifier sets, marking a sharp 70.6% drop compared to 2019. The maximum volume was recorded in 2019 at 469.0 units, which also saw the largest increase of 210.6%.

Annual dynamics of production in Croatia in kind, 2017-2020, unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.3%	210.6%	(70.6%)	(0.9%)

Source: SHEV.io

Exports electric sound amplifier sets from Croatia

Exports in kind, unit

Croatia's exports of electric sound amplifier sets increased for the third consecutive year. In 2020, exports totaled 1 228 units, representing a 95.9% rise compared to the previous year. From 2017 to 2020, exports grew by 230.1%, equating to an annualized rate of 48.9%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	42.7%	18.1%	95.9%	48.9%

Source: SHEV.io

From 2017 to 2020, the main buyers of electric sound amplifier sets from Croatia were Montenegro (24.9% of exports in kind), the United States (16.2%), and Serbia (12.3%). Together, these three countries accounted for 53.4% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Croatia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market exhibited an unstable trend throughout this timeframe. Export values varied significantly, with a 6.8-fold difference between the high in 2019 and the low in 2017. In 2020, Croatia exported 306 thousand US dollars worth of electric sound amplifier sets, reflecting a 32.7% decrease from the previous year. The maximum value was recorded in 2019 at 454 thousand US dollars, while the largest increase of 473.5% occurred in 2018.

Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	473.5%	18.1%	(32.7%)	65.8%

Source: SHEV.io

From 2017 to 2020, the principal destinations for Croatia's exports in value terms were Russia (49.7% of exports), Montenegro (11.9%), and the United States (9.1%). Collectively, these three countries accounted for 70.7% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Croatia in value, 2017-2020

Source: SHEV.io

Imports electric sound amplifier sets to Croatia

Imports in kind, unit

Croatia's imports of electric sound amplifier sets increased for the third consecutive year. In 2020, imports reached 8 990 units, up by 40.5% year-over-year. Over the period from 2017 to 2020, imports grew by 43.5%, with a compound annual growth rate of 12.8%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.1%	2.1%	40.5%	12.8%

Source: SHEV.io

Throughout 2017 to 2020, the key sources for imports in kind were Germany (27.0% of imports), the United Kingdom (14.3%), and China (14.1%). Together, these three countries represented 55.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Croatia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year rise, Croatia's imports of electric sound amplifier sets declined. In 2020, imports totaled 1 273 thousand US dollars, showing a slight loss of 0.8% compared to 2019. Over the period from 2017 to 2020, imports increased by 48.3%, with a compound annual growth rate of 14.0%. The maximum value was recorded in 2019 at 1 273 thousand US dollars, and the largest increase of 27.0% occurred in 2018.

Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	27.0%	17.7%	(0.8%)	14.0%

Source: SHEV.io

From 2017 to 2020, the principal suppliers of electric sound amplifier sets to Croatia in value terms were Germany (32.4% of imports), Slovenia (13.4%), and the United Kingdom (12.4%). Jointly, these three countries accounted for 58.2% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Croatia in value, 2017-2020

Source: SHEV.io