Croatia: Battery Market Overview 2020

Battery Market Size in Croatia

The revenue of the battery market in Croatia amounted to $X in 2018, increasing 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). In general, battery consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. In that year, the battery market attained its peak level and is likely to continue its growth in the immediate term.

Battery Exports

Exports from Croatia

Battery exports from Croatia amounted to X units in 2018, picking up by X% against the previous year. Overall, battery exports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, battery exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, battery exports stood at $X in 2018. Over the period under review, battery exports continue to indicate an outstanding increase. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, battery exports attained their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

Slovenia (X units) was the main destination for battery exports from Croatia, with a X% share of total exports. Moreover, battery exports to Slovenia exceeded the volume sent to the second major destination, Germany (X units), eightfold. The third position in this ranking was occupied by Italy (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Slovenia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, the largest markets for battery exported from Croatia were Italy ($X), Slovenia ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Italy (+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

The average battery export price stood at $X per unit in 2018, surging by X% against the previous year. In general, the battery export price, however, continues to indicate a drastic decrease. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, the average export prices for primary cells and primary batteries reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Italy ($X per unit), while the average price for exports to Slovenia ($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 Italy, while the prices for the other major destinations experienced a decline.

Battery Imports

Imports into Croatia

Battery imports into Croatia stood at X units in 2018, surging by X% against the previous year. Overall, the total imports indicated a temperate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, battery imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. In that year, battery imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, battery imports totaled $X in 2018. Over the period under review, the total imports indicated a mild expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, battery imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. In that year, battery imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Germany (X units) constituted the largest battery supplier to Croatia, accounting for a X% share of total imports. Moreover, battery imports from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X units), threefold. Belgium (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, 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: Hungary (+X% per year) and Belgium (-X% per year).

In value terms, the largest battery suppliers to Croatia were Germany ($X), Poland ($X) and China ($X), together comprising X% of total imports. These countries were followed by Belgium, Slovakia, Austria and Hungary, which together accounted for a further X experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average battery import price amounted to $X per unit, shrinking by -X% against the previous year. Overall, the battery import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. In that year, the average import prices for primary cells and primary batteries reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the average import prices for primary cells and primary batteries failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform