The Consumer Electronics Market size in Croatia reached 211.1 million Euros in 2023. The market has shown fluctuations over the past several years, with some volatility from 2013 to 2015 but a generally positive trajectory from 2016 to 2019. Despite a decline in 2020, growth resumed steadily from 2021 to 2023, exhibiting modest year-on-year growth rates of around 0.7%. The five-year CAGR stood at 0.73%, indicating slow but stable growth in recent years.
Future trends to watch for:
- Adoption of smart home technologies and Internet of Things (IoT) devices.
- Increased consumer demand for sustainable and energy-efficient electronics.
- Potential impact of economic factors, including inflation and purchasing power.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,644,000,000 | 2023 | +0.43% | +0.45% | View data |
| 2 | 2 United Kingdom | 7,970,200,000 | 2023 | +0.29% | -0.027% | View data |
| 3 | 3 France | 5,458,600,000 | 2023 | -1.46% | -2.6% | View data |
| 4 | 4 Spain | 2,983,200,000 | 2023 | +1.11% | +0.77% | View data |
| 5 | 5 Portugal | 1,774,300,000 | 2023 | +4.56% | +3.87% | View data |
| 8 | 8 Ireland | 705,640,000 | 2023 | +8.22% | +9.95% | View data |
| 9 | 9 Denmark | 628,330,000 | 2023 | -3.12% | -0.52% | View data |
| 10 | 10 Croatia | 211,100,000 | 2023 | +0.69% | +0.73% | |
| 11 | 11 Lithuania | 206,930,000 | 2023 | +2.92% | +6.3% | View data |
| 12 | 12 Bulgaria | 183,250,000 | 2023 | +1.18% | +2.68% | View data |
