
Croatia - Telecommunications Instruments - Market Analysis, Forecast, Size, Trends and Insights
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Telecommunications Instrument Market Size in Croatia
In 2021, the Croatian telecommunications instrument market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption enjoyed resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.
Telecommunications Instrument Production in Croatia
In value terms, telecommunications instrument production fell notably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep setback. The growth pace was the most rapid in 2020 when the production volume increased by 53% against the previous year. Telecommunications instrument production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.
Telecommunications Instrument Exports
Exports from Croatia
In 2021, exports of telecommunications instruments from Croatia surged to X units, picking up by 16% compared with 2020 figures. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 3,893% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
In value terms, telecommunications instrument exports soared to $X in 2021. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2013 with an increase of 599%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.
Exports by Country
Germany (X units), Italy (X units) and Slovenia (X units) were the main destinations of telecommunications instrument exports from Croatia, together accounting for 96% of total exports.
From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +51.7%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Italy ($X) remains the key foreign market for telecommunications instruments exports from Croatia, comprising 65% of total exports. The second position in the ranking was held by Slovenia ($X), with a 19% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Italy stood at +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+40.3% per year) and Germany (+51.5% per year).
Export Prices by Country
In 2021, the average telecommunications instrument export price amounted to $X per unit, rising by 8.5% against the previous year. In general, the export price, however, recorded a mild slump. The growth pace was the most rapid in 2020 an increase of 1,772% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Germany ($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 Romania (+6,131.7%), while the prices for the other major destinations experienced mixed trend patterns.
Telecommunications Instrument Imports
Imports into Croatia
In 2021, approx. X units of telecommunications instruments were imported into Croatia; increasing by 135% compared with the year before. In general, imports continue to indicate prominent growth. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, telecommunications instrument imports surged to $X in 2021. Overall, imports showed measured growth. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.
Imports by Country
The Netherlands (X units), the United States (X units) and Hungary (X units) were the main suppliers of telecommunications instrument imports to Croatia, with a combined 58% share of total imports. These countries were followed by Slovenia, China, France, Germany and Austria, which together accounted for a further 31%.
From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +50.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), the Netherlands ($X) and Slovenia ($X) appeared to be the largest telecommunications instrument suppliers to Croatia, together accounting for 74% of total imports. These countries were followed by Germany, China, Hungary, France and Austria, which together accounted for a further 12%.
France, with a CAGR of +30.4%, 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 telecommunications instrument import price stood at $X per unit in 2021, declining by -4.3% against the previous year. In general, the import price recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 an increase of 90% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the telecommunications instrument 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 26514400 - Instruments and apparatus, for telecommunications
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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