Croatia: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Croatia

In 2021, the Croatian tungsten halogen lamp market increased by 7.4% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports from Croatia

Tungsten halogen lamp exports from Croatia dropped to X units in 2021, shrinking by -6.3% on 2020. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by 565% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, tungsten halogen lamp exports expanded markedly to $X in 2021. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 467%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for tungsten halogen lamp exports from Croatia, accounting for a 41% share of total exports. Moreover, tungsten halogen lamp exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X units), twofold. Serbia (X units) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume to Bosnia and Herzegovina amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+35.6% per year) and Serbia (+4.8% per year).

In value terms, Bosnia and Herzegovina ($X) emerged as the key foreign market for tungsten halogen lamps exports from Croatia, comprising 39% of total exports. The second position in the ranking was taken by Germany ($X), with an 18% share of total exports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bosnia and Herzegovina totaled +22.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+55.6% per year) and the Netherlands (+167.9% per year).

Export Prices by Country

In 2021, the average tungsten halogen lamp export price amounted to $X per unit, with an increase of 22% against the previous year. Overall, the export price recorded a prominent increase. The growth pace was the most rapid in 2017 when the average export price increased by 355% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Slovenia ($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 Slovakia (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports into Croatia

Tungsten halogen lamp imports into Croatia expanded remarkably to X units in 2021, increasing by 6.5% against the previous year. In general, imports showed a pronounced increase. The pace of growth was the most pronounced in 2013 with an increase of 63%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, tungsten halogen lamp imports rose significantly to $X in 2021. Overall, imports, however, recorded a slight setback. The most prominent rate of growth was recorded in 2013 when imports increased by 33%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and Slovenia (X units) were the main suppliers of tungsten halogen lamp imports to Croatia, with a combined 33% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +27.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of tungsten halogen lamps to Croatia, comprising 42% of total imports. The second position in the ranking was taken by Slovenia ($X), with a 20% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+36.9% per year) and China (-13.1% per year).

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, the import price recorded a noticeable descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 34% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :