
Croatia - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCroatia: Semiconductor Led Market 2025
Semiconductor Led Market Size in Croatia
The Croatian semiconductor LED market surged to $X in 2021, jumping by 28% against the previous year. Over the period under review, consumption recorded a buoyant expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.
Semiconductor Led Production in Croatia
In value terms, semiconductor LED production contracted dramatically to $X in 2021 estimated in export price. In general, production, however, posted noticeable growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 89% against the previous year. Semiconductor LED production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.
Semiconductor Led Exports
Exports from Croatia
In 2021, approx. X units of semiconductor light emitting diodes (LEDs) were exported from Croatia; which is down by -18.7% on the previous year. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,257% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.
In value terms, semiconductor LED exports contracted to $X in 2021. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 878% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
France (X units) was the main destination for semiconductor LED exports from Croatia, with a 47% share of total exports. Moreover, semiconductor LED exports to France exceeded the volume sent to the second major destination, Canada (X units), threefold. Italy (X units) ranked third in terms of total exports with a 13% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +123.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+260.2% per year) and Italy (-2.1% per year).
In value terms, France ($X) remains the key foreign market for semiconductor light emitting diodes (LEDs) exports from Croatia, comprising 47% of total exports. The second position in the ranking was held by Canada ($X), with a 19% share of total exports. It was followed by Italy, with a 9.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +98.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+250.0% per year) and Italy (-12.8% per year).
Export Prices by Country
In 2021, the average semiconductor LED export price amounted to $X per unit, rising by 4.9% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of 10%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Italy ($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 Canada (-2.8%), while the prices for the other major destinations experienced a decline.
Semiconductor Led Imports
Imports into Croatia
For the third year in a row, Croatia recorded growth in overseas purchases of semiconductor light emitting diodes (LEDs), which increased by 22% to X units in 2021. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 2,552%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.
In value terms, semiconductor LED imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 934%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, Slovenia (X units) constituted the largest supplier of semiconductor LED to Croatia, with a 65% share of total imports. Moreover, semiconductor LED imports from Slovenia exceeded the figures recorded by the second-largest supplier, China (X units), threefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Slovenia stood at +63.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.8% per year) and Germany (+20.4% per year).
In value terms, the largest semiconductor LED suppliers to Croatia were Slovenia ($X), China ($X) and Germany ($X), together comprising 60% of total imports.
In terms of the main suppliers, Slovenia, with a CAGR of +36.0%, 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 2021, the average semiconductor LED import price amounted to $X per unit, approximately reflecting the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 147%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-9.9%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the semiconductor led market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26112220 - Semiconductor light emitting diodes (LEDs)
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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