Croatia: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Croatia

The Croatian primary cell and battery market contracted to $X in 2022, which is down by X% 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). The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Primary Cells and Batteries

Exports from Croatia

In 2022, primary cell and battery exports from Croatia skyrocketed to X units, jumping by X% against 2021. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, primary cell and battery exports skyrocketed to $X in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X units) was the main destination for primary cell and battery exports from Croatia, with a X% share of total exports. Moreover, primary cell and battery exports to Slovenia exceeded the volume sent to the second major destination, Romania (X units), sevenfold. Serbia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Serbia (X% per year).

In value terms, Slovenia ($X) emerged as the key foreign market for primary cells and batteries exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average primary cell and battery export price amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Montenegro ($X 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 Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Primary Cells and Batteries

Imports into Croatia

In 2022, purchases abroad of primary cells and batteries decreased by X% to X units, falling for the second year in a row after three years of growth. In general, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, primary cell and battery imports expanded notably to $X in 2022. Overall, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of primary cell and battery to Croatia, with a X% share of total imports. Moreover, primary cell and battery imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold. The third position in this ranking was held by Belgium (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Belgium (X% per year).

In value terms, the largest primary cell and battery suppliers to Croatia were Germany ($X), Belgium ($X) and Austria ($X), with a combined X% share of total imports. Poland, Hungary, China and France lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest growth rate of 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 primary cell and battery import price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X 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 Belgium ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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