Croatia: Lamp Holder Market 2024

Lamp Holder Market Size in Croatia

The Croatian lamp holder market shrank notably to $X in 2022, falling by -26.3% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -41.5% against 2018 indices. Lamp holder consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Lamp Holder Production in Croatia

In value terms, lamp holder production dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.4% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 37%. Lamp holder production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports from Croatia

In 2022, approx. X tons of lamp holders, plugs and sockets were exported from Croatia; with an increase of 344% on 2021 figures. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lamp holder exports skyrocketed to $X in 2022. Overall, exports saw a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by 104% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), Bosnia and Herzegovina (X tons) and Serbia (X tons) were the main destinations of lamp holder exports from Croatia, together accounting for 0.4% of total exports. Hungary, Germany, Italy, Slovenia, Romania, Switzerland, North Macedonia, Kosovo, Montenegro and Albania lagged somewhat behind, together comprising a further 0.3%.

From 2012 to 2021, the biggest increases were recorded for Kosovo (with a CAGR of +89.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Austria ($X) and Germany ($X) were the largest markets for lamp holder exported from Croatia worldwide, together accounting for 52% of total exports. Serbia, Italy, Switzerland, Slovenia, Hungary, North Macedonia, Montenegro, Romania, Kosovo and Albania lagged somewhat behind, together comprising a further 38%.

In terms of the main countries of destination, Switzerland, with a CAGR of +85.7%, saw the highest growth rate of 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

In 2021, the average lamp holder export price amounted to $X per ton, which is down by -24.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 36% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Croatia

Lamp holder imports into Croatia was estimated at X tons in 2022, picking up by 2% compared with 2021. In general, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by 33% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, lamp holder imports rose sharply to $X in 2022. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Slovenia (X tons) and China (X tons) were the main suppliers of lamp holder imports to Croatia, with a combined 0.5% share of total imports. Italy, Hungary, Turkey, Austria, Serbia and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 0.4%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +45.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lamp holder suppliers to Croatia were Germany ($X), Italy ($X) and Slovenia ($X), together comprising 60% of total imports. Hungary, China, Austria, Turkey, Bosnia and Herzegovina and Serbia lagged somewhat behind, together accounting for a further 27%.

Hungary, with a CAGR of +45.6%, 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 lamp holder import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lamp holder import price increased by +42.4% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 48% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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