Plugs and Socket Price in Croatia - 2024
Contents:
- Plugs and Socket Price in Croatia (CIF) - 2024
- Plugs and Socket Price in Croatia (FOB) - 2024
- Plugs and Socket Imports in Croatia
- Plugs and Socket Exports in Croatia
Plugs and Socket Price in Croatia (CIF) - 2024
In August 2023, the average plugs and socket import price amounted to $346 per thousand units, which is down by -17.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 15% against the previous month. Over the period under review, average import prices hit record highs at $421 per thousand units in July 2023, and then fell dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Bosnia and Herzegovina ($290 per thousand units), while the price for Turkey ($107 per thousand units) was amongst the lowest.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plugs and Socket Price in Croatia (FOB) - 2024
In August 2023, the average plugs and socket export price amounted to $425 per thousand units, surging by 17% against the previous month. In general, the export price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in April 2023 an increase of 123% m-o-m. The export price peaked at $493 per thousand units in February 2023; however, from March 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($2.6 per unit), while the average price for exports to North Macedonia ($152 per thousand units) was amongst the lowest.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Plugs and Socket Imports in Croatia
In 2022, the amount of electrical plugs and sockets for under 1000 v imported into Croatia stood at 94M units, picking up by 2% on 2021. Overall, imports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Over the period under review, imports reached the maximum at 113M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, plugs and socket imports expanded rapidly to $30M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plugs and Socket in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.7 | 5.0 | 7.2 | 8.8 | 23.3% |
| Italy | 8.4 | 7.7 | 5.3 | 5.9 | -11.1% |
| Slovenia | 3.3 | 3.5 | 4.2 | 4.9 | 14.1% |
| Austria | 1.3 | 1.4 | 1.7 | 2.0 | 15.4% |
| Hungary | 1.6 | 1.6 | 1.9 | 1.8 | 4.0% |
| China | 1.0 | 1.1 | 1.7 | 1.6 | 17.0% |
| Turkey | 0.8 | 0.8 | 0.8 | 1.1 | 11.2% |
| Others | 3.2 | 3.6 | 4.7 | 4.4 | 11.2% |
| Total | 24.2 | 24.7 | 27.4 | 30.5 | 8.0% |
Top Suppliers of Plugs and Socket to Croatia in 2022:
- Slovenia (16.5M units)
- Germany (16.5M units)
- Italy (13.5M units)
- China (9.8M units)
- Hungary (8.8M units)
- Turkey (8.5M units)
- Austria (7.4M units)
Plugs and Socket Exports in Croatia
In 2022, exports of electrical plugs and sockets for under 1000 v from Croatia skyrocketed to 28M units, increasing by 73% against the previous year's figure. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, plugs and socket exports surged to $4.8M in 2022. Overall, exports, however, faced a abrupt decrease. Over the period under review, the exports hit record highs at $7.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plugs and Socket in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | N/A | N/A | N/A | 797 | 0% |
| Bosnia and Herzegovina | 654 | 649 | 728 | 783 | 6.2% |
| Italy | 5,136 | 4,084 | 263 | 541 | -52.8% |
| Austria | 682 | 708 | 721 | 477 | -11.2% |
| Germany | 159 | 214 | 720 | 465 | 43.0% |
| Serbia | 168 | 213 | 365 | 375 | 30.7% |
| Bulgaria | 41.4 | 25.6 | 25.6 | 245 | 80.9% |
| Slovenia | 637 | 158 | 192 | 244 | -27.4% |
| Hungary | 77.5 | 118 | 135 | 132 | 19.4% |
| Others | 338 | 697 | 931 | 782 | 32.3% |
| Total | 7,894 | 6,866 | 4,081 | 4,839 | -15.1% |
Top Export Markets for Plugs and Socket from Croatia in 2022:
- Cyprus (6.3M units)
- Bosnia and Herzegovina (3.7M units)
- Bulgaria (3.1M units)
- Austria (2.5M units)
- Germany (2.5M units)
- Serbia (2.0M units)
- Italy (1.8M units)
- Hungary (1.4M units)
- Slovenia (0.9M units)
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