Croatia: Battery Market Overview 2021

Battery Market Size in Croatia

In 2020, the Croatian battery market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Battery consumption peaked in 2020 and is likely to continue growth in the immediate term.

Battery Exports

Exports from Croatia

In 2020, battery exports from Croatia skyrocketed to X units, surging by X% on 2019. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to continue growth in the immediate term.

In value terms, battery exports surged to $X in 2020. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are likely to see steady growth in years to come.

Exports by Country

Slovenia (X units), Bulgaria (X units) and Serbia (X units) were the main destinations of battery exports from Croatia, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Bulgaria (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X) emerged as the key foreign market for battery exports from Croatia, comprising X% of total exports. The second position in the ranking was occupied by Slovenia ($X), with a X% share of total exports. It was followed by Serbia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Bulgaria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Serbia (+X% per year).

Export Prices by Country

In 2020, the average battery export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, saw a perceptible setback. The export price peaked at $X per unit in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Slovenia ($X per unit) was amongst the lowest.

From 2007 to 2020, 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 a decline.

Battery Imports

Imports into Croatia

Battery imports into Croatia declined to X units in 2020, waning by -X% on the previous year. In general, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, battery imports surged to $X in 2020. Over the period under review, total imports indicated a slight expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to continue growth in years to come.

Imports by Country

In 2020, Germany (X units) constituted the largest supplier of battery to Croatia, with a X% share of total imports. Moreover, battery imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The third position in this ranking was occupied by Hungary (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Hungary (+X% per year).

In value terms, the largest battery suppliers to Croatia were Germany ($X), Poland ($X) and Bulgaria ($X), with a combined X% share of total imports.

Bulgaria (+X% per year) saw the highest growth rate of the value of imports, among 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 battery import price stood at $X per unit in 2020, rising by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2012 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for primary cells and primary batteries in the world?

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The countries with the highest volumes of battery consumption in 2020 were India (16B units), China (12B units) and Japan (6.3B units), together comprising 47% of global consumption. The U.S., Spain, Indonesia, Germany, Mozambique, the UK, Thailand, Mexico and Brazil lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of primary cells and primary batteries in the world?

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The country with the largest volume of battery production was China (44B units), accounting for 48% of total volume. Moreover, battery production in China exceeded the figures recorded by the second-largest producer, India (16B units), threefold. The third position in this ranking was occupied by Japan (5.5B units), with a 6.1% share.

What are the leading suppliers of primary cells and primary batteries to Croatia?

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In value terms, the largest battery suppliers to Croatia were Germany ($4.3M), Poland ($2.4M) and Bulgaria ($1.3M), together accounting for 65% of total imports.

What are the leading importers of primary cells and primary batteries from Croatia?

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In value terms, Bulgaria ($2.4M) emerged as the key foreign market for battery exports from Croatia, comprising 70% of total exports. The second position in the ranking was occupied by Slovenia ($786K), with a 23% share of total exports. It was followed by Serbia, with a 1.9% share.

What is the average export price for primary cells and primary batteries in Croatia?

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The average battery export price stood at $0.5 per unit in 2020, jumping by 54% against the previous year.

What is the average import price for primary cells and primary batteries in Croatia?

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In 2020, the average battery import price amounted to $0.3 per unit, picking up by 43% against the previous year.