Croatia: Starter Battery Market 2024

Starter Battery Market Size in Croatia

In 2022, after two years of growth, there was significant decline in the Croatian starter battery market, when its value decreased by X% to $X. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Starter Battery Exports

Exports from Croatia

In 2022, shipments abroad of lead-acid accumulators for starting piston engines decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then fell in the following year.

In value terms, starter battery exports totaled $X in 2022. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for starter battery exports from Croatia, accounting for a X% share of total exports. Moreover, starter battery exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X units), threefold. Serbia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Serbia (X% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for lead-acid accumulators for starting piston engines exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total exports. It was followed by Serbia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Serbia (X% per year).

Export Prices by Country

In 2022, the average starter battery export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Starter Battery Imports

Imports into Croatia

Starter battery imports into Croatia stood at X units in 2022, therefore, remained relatively stable against 2021 figures. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, starter battery imports dropped to $X in 2022. Over the period under review, imports posted strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

Poland (X units), the Czech Republic (X units) and Italy (X units) were the main suppliers of starter battery imports to Croatia, together comprising X% of total imports. North Macedonia, France, Slovenia, China, Hungary, Germany and Austria lagged somewhat behind, together accounting for a further X%.

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

In value terms, the Czech Republic ($X), Poland ($X) and Italy ($X) were the largest starter battery suppliers to Croatia, with a combined X% share of total imports. Slovenia, North Macedonia, Germany, Hungary, Austria, France and China lagged somewhat behind, together comprising a further X%.

North Macedonia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 starter battery import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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