Athletic Footwear Market Overview in Croatia
In value terms, athletic footwear production stood at $••• in 2017 estimated in export prices. Over the period under review, athletic footwear production continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2008 with an increase of •••% y-o-y. Athletic footwear production peaked at $••• in 2015; however, from 2016 to 2017, production stood at a somewhat lower figure.
The revenue of the athletic footwear market in Croatia amounted to $••• in 2017, growing by •••% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, athletic footwear consumption continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of •••% year-to-year. Athletic footwear consumption peaked at $••• in 2015; however, from 2016 to 2017, consumption remained at a lower figure.