From 2013 to 2023, the Electro-Mechanical Domestic Appliances Market in Croatia fluctuated, reaching a peak in 2016 at 8.52 Euros per capita before declining consistently to 6.54 Euros per capita by 2023. The year-on-year decrease from 2021 to 2023 stood at 3.7% and 2.9% respectively, indicating a downward trend. The average compound annual growth rate (CAGR) over the last five years showed a negative trend, averaging at -3.7% per year.
Future trends to watch for include:
- Consumer behavioral shifts towards energy efficiency.
- Impact of economic factors on purchasing power.
- Potential recovery driven by technological advancements and eco-friendly innovations.
How does Croatia rank in Electro-Mechanical Domestic Appliances Market Size Value Per Capita?
| # | 7 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Finland | 38.56 | 2023 | View data |
| 2 | 2 Denmark | 31.43 | 2023 | View data |
| 3 | 3 France | 24.54 | 2023 | View data |
| 4 | 4 Italy | 18.53 | 2023 | View data |
| 5 | 5 United Kingdom | 17.7 | 2023 | View data |
| 6 | 6 Spain | 12.66 | 2023 | View data |
| 7 | 7 Croatia | 6.54 | 2023 |