Croatia - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpark Plug Price in Croatia - 2023
Contents:
- Spark Plug Price in Croatia (CIF) - 2023
- Spark Plug Price in Croatia (FOB) - 2023
- Spark Plug Imports in Croatia
- Spark Plug Exports in Croatia
Spark Plug Price in Croatia (CIF) - 2023
In August 2023, the average spark plug import price amounted to $15.5 per unit, declining by -6.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 16% against the previous month. Over the period under review, average import prices attained the peak figure at $18.0 per unit in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($41.4 per unit), while the price for Bosnia and Herzegovina ($5.4 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Spark Plug Price in Croatia (FOB) - 2023
The average spark plug export price stood at $22.7 per unit in August 2023, declining by -15.6% against the previous month. Over the period under review, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in February 2023 an increase of 201% month-to-month. As a result, the export price reached the peak level of $47.2 per unit. From March 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($48.6 per unit), while the average price for exports to France ($9.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Spark Plug Imports in Croatia
For the fourth consecutive year, Croatia recorded growth in supplies from abroad of sparking plugs, which increased by 13% to 1.1M units in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, spark plug imports expanded markedly to $3.8M in 2022. The total import value increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Spark Plug in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,140 | 1,328 | 1,729 | 1,794 | 16.3% |
| Poland | 112 | 96.4 | 213 | 418 | 55.1% |
| Slovenia | 345 | 365 | 379 | 329 | -1.6% |
| Hungary | 213 | 227 | 258 | 300 | 12.1% |
| Austria | 187 | 199 | 233 | 291 | 15.9% |
| Netherlands | 178 | 191 | 227 | 214 | 6.3% |
| Italy | 82.3 | 108 | 95.5 | 91.0 | 3.4% |
| Others | 462 | 374 | 341 | 400 | -4.7% |
| Total | 2,720 | 2,889 | 3,476 | 3,837 | 12.2% |
Top Suppliers of Spark Plug to Croatia in 2022:
- Germany (505.5K units)
- Poland (117.8K units)
- Slovenia (92.7K units)
- Hungary (84.6K units)
- Austria (82.0K units)
- Netherlands (60.3K units)
- Italy (25.6K units)
Spark Plug Exports in Croatia
In 2022, the amount of sparking plugs exported from Croatia soared to 1.2M units, surging by 63% compared with the previous year. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, spark plug exports declined to $1.1M in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 82% against the previous year. As a result, the exports attained the peak of $1.2M, and then dropped in the following year.
| Export of Spark Plug in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 94.9 | 197 | 284 | 312 | 48.7% |
| Slovenia | 154 | 180 | 339 | 304 | 25.4% |
| Germany | 34.2 | 66.3 | 91.5 | 86.9 | 36.5% |
| Bosnia and Herzegovina | 40.5 | 46.7 | 78.4 | 82.5 | 26.8% |
| North Macedonia | 17.9 | 10.6 | 60.4 | 76.6 | 62.4% |
| Serbia | 37.9 | 26.0 | 33.8 | 57.9 | 15.2% |
| Austria | 3.2 | 8.0 | 23.5 | 32.9 | 117.4% |
| Others | 59.7 | 128 | 298 | 140 | 32.9% |
| Total | 442 | 662 | 1,208 | 1,093 | 35.2% |
Top Export Markets for Spark Plug from Croatia in 2022:
- Italy (335.1K units)
- Slovenia (325.6K units)
- Germany (93.2K units)
- Bosnia and Herzegovina (88.4K units)
- North Macedonia (82.2K units)
- Serbia (62.1K units)
- Austria (35.3K units)
This report provides an in-depth analysis of the spark plug market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312130 - Sparking plugs
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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