Croatia: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2024

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Croatia

The Croatian carbon for electrical purposes market reduced notably to $X in 2022, shrinking by -22.5% against the previous year. Overall, consumption, however, recorded a strong increase. Carbon for electrical purposes consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Croatia

In value terms, carbon for electrical purposes production totaled $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 27% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Croatia

In 2022, shipments abroad of articles of graphite or other carbon for electrical purposes increased by 114% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 124% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, carbon for electrical purposes exports surged to $X in 2022. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2016 with an increase of 122% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Serbia (X tons), North Macedonia (X tons) and Bosnia and Herzegovina (X kg) were the main destinations of carbon for electrical purposes exports from Croatia, with a combined 96% share of total exports.

From 2012 to 2022, the biggest increases were recorded for North Macedonia (with a CAGR of +99.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X) emerged as the key foreign market for articles of graphite or other carbon for electrical purposes exports from Croatia, comprising 59% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 25% share of total exports. It was followed by Bosnia and Herzegovina, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Serbia amounted to +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+91.8% per year) and Bosnia and Herzegovina (-10.0% per year).

Export Prices by Country

In 2022, the average carbon for electrical purposes export price amounted to $X per ton, with a decrease of -44.2% against the previous year. Over the period under review, the export price saw a abrupt contraction. The growth pace was the most rapid in 2014 when the average export price increased by 23%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+34.6%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Croatia

Carbon for electrical purposes imports into Croatia fell to X tons in 2022, waning by -14.8% on 2021. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 260% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, carbon for electrical purposes imports rose notably to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 166% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Sweden (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of carbon for electrical purposes imports to Croatia, together accounting for 77% of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +107.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest carbon for electrical purposes suppliers to Croatia were Sweden ($X), Poland ($X) and Italy ($X), together accounting for 79% of total imports.

Sweden, with a CAGR of +107.0%, recorded 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 carbon for electrical purposes import price stood at $X per ton in 2022, rising by 26% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 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 Slovenia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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