Croatia: Inductor Market 2025

Inductor Market Size in Croatia

The Croatian inductor market contracted slightly to $X in 2022, which is down by -4.1% against the previous year. Over the period under review, consumption, however, recorded buoyant growth. Inductor consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Inductor Production in Croatia

In value terms, inductor production reduced to $X in 2022 estimated in export price. Overall, production, however, enjoyed significant growth. The growth pace was the most rapid in 2015 when the production volume increased by 220% against the previous year. Inductor production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Inductor Exports

Exports from Croatia

In 2022, overseas shipments of inductors increased by 9.3% to X units, rising for the second year in a row after two years of decline. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 203% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, inductor exports skyrocketed to $X in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 391% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X units) was the main destination for inductor exports from Croatia, with a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to +41.0%.

In value terms, Italy ($X) also remains the key foreign market for inductors exports from Croatia.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at +47.1%.

Export Prices by Country

The average inductor export price stood at $X per unit in 2022, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2013 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +4.4% per year.

Inductor Imports

Imports into Croatia

Inductor imports into Croatia skyrocketed to X units in 2022, with an increase of 70% against the previous year's figure. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 113% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, inductor imports soared to $X in 2022. In general, imports posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by 77%. As a result, imports attained the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

Italy (X units), the Czech Republic (X units) and China (X units) were the main suppliers of inductor imports to Croatia, with a combined 89% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +27.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest inductor suppliers to Croatia were Italy ($X), China ($X) and the Czech Republic ($X), together comprising 76% of total imports.

China, with a CAGR of +24.7%, recorded the highest rates of growth with regard to 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 inductor import price stood at $X per unit in 2022, declining by -24.1% against the previous year. Over the period under review, the import price, however, showed a modest increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 72%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average 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 Germany ($X per unit), while the price for Turkey (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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