Croatia: Diode Market 2022

Diode Market Size in Croatia

The Croatian diode market skyrocketed to $X in 2021, jumping by 55% 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). In general, consumption showed a buoyant expansion. Diode consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Diode Exports

Exports from Croatia

Diode exports from Croatia surged to X units in 2021, rising by 139% against the previous year. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 220% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, diode exports skyrocketed to $X in 2021. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 135% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for diode exports from Croatia, with a 81% share of total exports. Moreover, diode exports to Germany exceeded the volume sent to the second major destination, Slovenia (X units), ninefold. Bosnia and Herzegovina (X units) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +111.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+62.0% per year) and Bosnia and Herzegovina (+28.3% per year).

In value terms, Germany ($X), Slovenia ($X) and Italy ($X) constituted the largest markets for diode exported from Croatia worldwide, together comprising 86% of total exports.

Germany, with a CAGR of +110.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average diode export price amounted to $X per thousand units, shrinking by -12% against the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 76%. As a result, the export price attained the peak level of $X per thousand units. From 2015 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per thousand units), while the average price for exports to Bosnia and Herzegovina ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+66.7%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into Croatia

In 2021, diode imports into Croatia soared to X units, increasing by 38% on the previous year's figure. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 81% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, diode imports skyrocketed to $X in 2021. In general, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest diode supplier to Croatia, accounting for a 53% share of total imports. Moreover, diode imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.2% per year) and the Netherlands (+33.9% per year).

In value terms, Germany ($X) constituted the largest supplier of diode to Croatia, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by Belgium, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.9% per year) and Belgium (+39.1% per year).

Import Prices by Country

The average diode import price stood at $X per thousand units in 2021, jumping by 40% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode import price increased by +48.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per thousand units), while the price for the Netherlands ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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