Croatia: Fixed Carbon Resistor Market 2022

Fixed Carbon Resistor Market Size in Croatia

In 2021, the Croatian fixed carbon resistor market decreased by -6.1% to $X for the first time since 2011, thus ending a nine-year rising trend. In general, consumption, however, posted a resilient increase. As a result, consumption attained the peak level of $X, and then fell in the following year.

Fixed Carbon Resistor Production in Croatia

In value terms, fixed carbon resistor production dropped to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Fixed Carbon Resistor Exports

Exports from Croatia

Fixed carbon resistor exports from Croatia skyrocketed to X units in 2021, jumping by 42% compared with 2020 figures. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 154% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, fixed carbon resistor exports soared to $X in 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 254% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for fixed carbon resistor exports from Croatia, accounting for a 62% share of total exports. Moreover, fixed carbon resistor exports to Germany exceeded the volume sent to the second major destination, Slovenia (X units), threefold. The third position in this ranking was taken by Bosnia and Herzegovina (X units), with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +101.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+12.8% per year) and Bosnia and Herzegovina (+33.8% per year).

In value terms, Germany ($X) remains the key foreign market for fixed carbon resistor exports from Croatia, comprising 60% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 26% share of total exports. It was followed by Bosnia and Herzegovina, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +91.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+17.8% per year) and Bosnia and Herzegovina (+36.1% per year).

Export Prices by Country

In 2021, the average fixed carbon resistor export price amounted to $X per unit, picking up by 7.1% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fixed carbon resistor export price increased by +27.2% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fixed Carbon Resistor Imports

Imports into Croatia

In 2021, approx. X units of fixed carbon resistors, composition or film types and electrical variable resistors were imported into Croatia; jumping by 41% on the previous year. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 57%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, fixed carbon resistor imports soared to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 48%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Italy (X units) constituted the largest fixed carbon resistor supplier to Croatia, accounting for a 83% share of total imports. Moreover, fixed carbon resistor imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was held by Poland (X units), with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.8% per year) and Poland (+49.7% per year).

In value terms, Italy ($X), Germany ($X) and Slovenia ($X) constituted the largest fixed carbon resistor suppliers to Croatia, together comprising 70% of total imports. These countries were followed by Poland, which accounted for a further 4%.

Poland, with a CAGR of +46.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fixed carbon resistor import price stood at $X per unit in 2021, flattening at the previous year. In general, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of 43% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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