Croatia: Smart Card Market Overview 2020

Smart Card Market Size in Croatia

The revenue of the smart card market in Croatia amounted to $X in 2018, surging by X% against the previous year. Over the period under review, smart card consumption, however, continues to indicate a temperate drop. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Over the period under review, the smart card market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Smart Card Production in Croatia

In value terms, smart card production totaled $X in 2018 estimated in export prices. Over the period under review, smart card production continues to indicate modest growth. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Smart card production peaked at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Smart Card Exports

Exports from Croatia

In 2018, the smart card exports from Croatia stood at X units, waning by -X% against the previous year. In general, smart card exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, smart card exports attained their peak figure at X units in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, smart card exports amounted to $X in 2018. In general, smart card exports, however, continue to indicate remarkable growth. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

Slovakia (X units), Bosnia and Herzegovina (X units) and Slovenia (X units) were the main destinations of smart card exports from Croatia, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Slovakia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for smart card exported from Croatia were Slovakia ($X), Bosnia and Herzegovina ($X) and Slovenia ($X), together accounting for X% of total exports.

Among the main countries of destination, Slovakia (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average smart card export price amounted to $X per unit, declining by -X% against the previous year. Overall, the smart card export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. Over the period under review, the average export prices for cards incorporating an electronic integrated circuit (smart card) attained their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Albania ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Serbia, while the prices for the other major destinations experienced more modest paces of growth.

Smart Card Imports

Imports into Croatia

Smart card imports into Croatia amounted to X units in 2018, lowering by -X% against the previous year. In general, smart card imports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X units in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, smart card imports amounted to $X in 2018. Over the period under review, smart card imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, smart card imports reached their peak of $X. From 2009 to 2018, the growth of smart card imports remained at a lower figure.

Imports by Country

Germany (X units), Austria (X units) and Hungary (X units) were the main suppliers of smart card imports to Croatia, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Hungary (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest smart card suppliers to Croatia were Austria ($X), Germany ($X) and Hungary ($X), with a combined X% share of total imports.

Hungary recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average smart card import price stood at $X per unit in 2018, growing by X% against the previous year. In general, the smart card import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. In that year, the average import prices for cards incorporating an electronic integrated circuit (smart card) reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the average import prices for cards incorporating an electronic integrated circuit (smart card) failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Hungary ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform