Spectacles and goggles market in Croatia

Earlier Report Observations

The market for spectacles and goggles in Croatia increased from USD 45.7 million in 2018 to USD 58.9 million in 2024, though the trajectory was not linear. After a minor contraction in 2019, the market stabilized in 2020 before experiencing strong growth in 2021, when it exceeded USD 50 million for the first time. The year 2022 saw the market hold steady just below the USD 50 million mark.

During the observed period, the Croatian eyewear landscape was influenced by the emergence of local independent brands offering unique designs inspired by the country's coastal scenery. Concurrently, a broader consumer shift toward health and wellness, along with ongoing technological innovations in eyewear products, helped shape demand and product offerings.

A sharp expansion occurred in 2023, with the market volume rising to USD 59.6 million. This was followed by a modest correction in 2024, bringing the market size to USD 58.9 million, which still represented significant overall growth compared to the beginning of the period.

Production spectacles and goggles in Croatia

In value, 2017-2020, K $ US

Croatia's production of spectacles and goggles declined for the third consecutive year. In 2020, output was valued at 25 335 K $ US, marking an 8.6% decrease from 2019. Between 2017 and 2020, production fell by 20.2%, which translates to an annualized decline of 7.3%.

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

Exports spectacles and goggles from Croatia

Exports in kind, t

After two years of decline, Croatia's exports of spectacles and goggles increased in 2020, reaching 26.8 t. This represented only a slight fluctuation compared to the previous year. Over the period from 2017 to 2020, exports decreased by 14.4%, with a compound annual growth rate of -5.1%. The lowest volume was recorded in 2019 at 26.7 t, which also saw the largest decline of 11.6%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, t

From 2017 to 2020, no single market dominated Croatia's exports of spectacles and goggles. Bosnia and Herzegovina accounted for 22.7% of exports in kind, Slovenia for 14.3%, and Germany for 9.8%. Together, these three countries made up 46.8% of total exports, while numerous smaller partners each held modest individual shares.

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

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

Exports in value, K $ US

Croatia's exports of spectacles and goggles declined for the third consecutive year. In 2020, exports amounted to 2 371 K $ US, showing a sharp drop of 41.7% compared to the previous year. Between 2017 and 2020, exports fell by 61.1%, equivalent to an annualized decrease of 27.0%.

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

Between 2017 and 2020, Croatia's export market for spectacles and goggles was diverse. Italy accounted for 20.8% of exports in value terms, Greece for 15.9%, and Slovenia for 12.3%. Combined, these three countries contributed 49.0% of total exports, with many other nations holding smaller but still notable shares.

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

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

Imports spectacles and goggles to Croatia

Imports in kind, t

Croatia's imports of spectacles and goggles increased for the second consecutive year. In 2020, imports reached 262.6 t, up 22.5% from the previous year. Over the period from 2017 to 2020, imports grew by 24.6%, with a compound annual growth rate of 7.6%. The lowest volume was recorded in 2018 at 203.5 t, which also experienced the largest decline of 3.4%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, t

From 2017 to 2020, China, Italy, and Germany were the main sources of spectacles and goggles imports to Croatia. China accounted for 30.0% of imports in kind, Italy for 23.3%, and Germany for 11.8%. Together, these three countries made up 65.0% of total imports.

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

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

Imports in value, K $ US

Croatia's imports of spectacles and goggles increased for the third consecutive year. In 2020, imports stood at 22 641 K $ US, reflecting a moderate year-on-year gain of 6.6%. Between 2017 and 2020, imports rose by 13.1%, which corresponds to an annualized growth rate of 4.2%.

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

Between 2017 and 2020, Italy, China, and Germany accounted for the largest share of Croatia's imports of spectacles and goggles in value terms. Italy contributed 58.1%, China 12.2%, and Germany 8.7%. Together, these three countries comprised 79.0% of total import flows.

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

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