Croatia: Silicon Market 2024

Silicon Market Size in Croatia

In 2022, the Croatian silicon market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Silicon consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Silicon Production in Croatia

In value terms, silicon production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Silicon Exports

Exports from Croatia

In 2022, silicon exports from Croatia reduced notably to X tons, with a decrease of X% compared with the previous year. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped dramatically in the following year.

In value terms, silicon exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X tons), Poland (X tons) and Germany (X tons) were the main destinations of silicon exports from Croatia, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for silicon exported from Croatia were Italy ($X), Poland ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, 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

The average silicon export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicon export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Silicon Imports

Imports into Croatia

In 2022, after three years of growth, there was significant decline in overseas purchases of silicon, when their volume decreased by X% to X tons. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, silicon imports expanded notably to $X in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Bosnia and Herzegovina (X tons) was the main supplier of silicon to Croatia, with a X% share of total imports. It was followed by Brazil (X tons), with a X% share of total imports.

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

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of silicon to Croatia, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports.

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

Import Prices by Country

The average silicon import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price continues to indicate notable growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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