Croatia: Accumulator Market 2025

Accumulator Market Size in Croatia

The Croatian accumulator market surged to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption showed a strong increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Accumulator Production in Croatia

In value terms, accumulator production declined dramatically to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Accumulator production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Accumulator Exports

Exports from Croatia

For the fourth year in a row, Croatia recorded growth in shipments abroad of electric accumulators, which increased by X% to X units in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, accumulator exports contracted slightly to $X in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

Germany (X units), Slovenia (X units) and Bosnia and Herzegovina (X units) were the main destinations of accumulator exports from Croatia, with a combined X% share of total exports. Serbia, Italy, Montenegro and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for accumulator exported from Croatia were Bosnia and Herzegovina ($X), Slovenia ($X) and Italy ($X), with a combined X% share of total exports. Germany, Serbia, Montenegro and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average accumulator export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Germany ($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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Accumulator Imports

Imports into Croatia

In 2022, the amount of electric accumulators imported into Croatia soared to X units, growing by X% against the previous year's figure. Overall, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, accumulator imports surged to $X in 2022. In general, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest accumulator supplier to Croatia, with a X% share of total imports. Moreover, accumulator imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was taken by Italy (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Italy ($X), China ($X) and the Czech Republic ($X) were the largest accumulator suppliers to Croatia, with a combined X% share of total imports. Poland, Germany, Austria, Slovenia, France and the UK lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average accumulator import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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