Croatia: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Croatia

The Croatian fluorescent discharge lamps market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, recorded a deep slump. Fluorescent discharge lamps consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Fluorescent Discharge Lamps Production in Croatia

In value terms, fluorescent discharge lamps production stood at $X in 2021 estimated in export price. Overall, production, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 68% against the previous year. Fluorescent discharge lamps production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Fluorescent Discharge Lamps Exports

Exports from Croatia

In 2021, shipments abroad of fluorescent discharge lamps decreased by -28.7% to X units, falling for the second year in a row after six years of growth. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 690%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports shrank to $X in 2021. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 1,313%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for fluorescent discharge lamps exports from Croatia, with a 53% share of total exports. Moreover, fluorescent discharge lamps exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), fourfold. Portugal (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands stood at +277.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+82.3% per year) and Portugal (+2.1% per year).

In value terms, the Netherlands ($X) remains the key foreign market for fluorescent discharge lamps exports from Croatia, comprising 40% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by Portugal, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands amounted to +209.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+73.9% per year) and Portugal (+2.5% per year).

Export Prices by Country

In 2021, the average fluorescent discharge lamps export price amounted to $X per unit, picking up by 37% against the previous year. Over the period under review, the export price saw noticeable growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 79% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Belgium ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into Croatia

In 2021, approx. X units of fluorescent discharge lamps were imported into Croatia; declining by -27.8% on the previous year. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 40% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps imports expanded to $X in 2021. Overall, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 26%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Slovenia (X units) and Poland (X units) were the main suppliers of fluorescent discharge lamps imports to Croatia, with a combined 58% share of total imports. Hungary, France, Romania, China and the Netherlands lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +73.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fluorescent discharge lamps suppliers to Croatia were Slovenia ($X), Germany ($X) and Poland ($X), together comprising 64% of total imports. Romania, Hungary, France, the Netherlands and China lagged somewhat behind, together accounting for a further 28%.

Among the main suppliers, Romania, with a CAGR of +97.3%, recorded the highest growth rate of 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

The average fluorescent discharge lamps import price stood at $X per unit in 2021, increasing by 41% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per unit in 2018; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :