Price for Electrical Insulators of Any Material in Croatia - 2023

Price for Electrical Insulators of Any Material in Croatia (CIF) - 2022

In 2022, the average import price for electrical insulators of any materials amounted to $0.6 per unit, shrinking by -22.7% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. The import price peaked at $1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($3.1 per unit), while the price for France ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Croatia (FOB) - 2022

In 2022, the average export price for electrical insulators of any materials amounted to $1.4 per unit, reducing by -20.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 89%. As a result, the export price attained the peak level of $2.6 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($14 per unit), while the average price for exports to Albania ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+73.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Insulators of Any Material in Croatia

For the fourth year in a row, Croatia recorded growth in purchases abroad of electrical insulators of any materials, which increased by 54% to 25M units in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical insulators of any material imports surged to $15M in 2022. The total import value increased at an average annual rate of +14.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electrical Insulators of Any Material in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.0	3.0	3.8	5.7	23.9%
Italy	1.9	2.3	2.8	2.6	11.0%
Sweden	1.3	1.4	1.4	1.4	2.5%
France	0.4	0.3	0.6	0.9	31.0%
Germany	0.2	0.9	0.7	0.8	58.7%
Poland	0.1	0.3	0.2	0.7	91.3%
Romania	0.4	0.2	0.2	0.4	0.0%
Austria	0.8	0.9	0.8	0.4	-20.6%
Others	1.6	1.7	1.6	1.5	-2.1%
Total	9.7	11.0	12.2	14.5	14.3%

Top Suppliers of Electrical Insulators of Any Material to Croatia in 2022:

China (13.4M units)
France (3.6M units)
Italy (2.6M units)
Poland (2.3M units)
Sweden (0.5M units)
Germany (0.5M units)
Romania (0.3M units)
Austria (0.2M units)

Exports of Electrical Insulators of Any Material in Croatia

In 2022, approx. 1.3M units of electrical insulators of any materials were exported from Croatia; growing by 18% compared with the year before. Overall, exports, however, showed a pronounced slump. Over the period under review, the exports hit record highs at 1.5M units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, electrical insulators of any material exports shrank to $1.8M in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of $1.9M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Electrical Insulators of Any Material in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	140	375	245	711	71.9%
Slovenia	459	369	317	558	6.7%
Poland	N/A	151	364	112	-13.9%
Montenegro	13.7	24.7	18.1	30.1	30.0%
Bosnia and Herzegovina	332	189	55.2	28.3	-56.0%
Albania	N/A	N/A	N/A	10.1	0%
Serbia	31.8	1.5	3.0	4.5	-47.9%
Others	408	804	903	336	-6.3%
Total	1,384	1,915	1,905	1,789	8.9%