Electric accumulators and parts thereof market in Croatia, 2026

Earlier Report Observations

The Croatian market for electric accumulators and parts thereof demonstrated consistent expansion between 2018 and 2024. Imports grew from $57.2 million to $149.9 million, while exports increased from $13.2 million to $51.8 million. Domestic production also rose significantly, albeit from a smaller base, reaching $5.4 million by 2021.

From 2023, the market's growth was closely linked to the rapid adoption of electric vehicles. Significant state subsidies for EVs, including a record €21 million earmarked for companies, directly boosted demand for batteries. Changing consumer preferences toward premium models like the Tesla Model 3 and Y, along with a wider EV model range, lower prices, and improved vehicle range, further stimulated import demand through 2024.

Production electric accumulators and parts thereof in Croatia

In value, 2017-2020, K $ US

The data reveals irregular changes, indicating a volatile market environment. Production varied significantly, with a 3.2-fold difference between the low in 2018 and the high in 2020. In 2018, output of electric accumulators and parts thereof reached its minimum value of 865 K $ US, marking the largest decline of 41.1%. The following year, in 2019, production saw the largest increase of 153.4%. By 2020, output was valued at 2 762 K $ US, which is 25.9% higher than the previous year.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

Exports electric accumulators and parts thereof from Croatia

Exports in kind, t

Croatia's export volume of electric accumulators and parts thereof increased for the second consecutive year. In 2018, exports reached their minimum of 4 016 t, with the largest decline of 0.5%. The following year, in 2019, exports recorded the largest increase of 20.0%. By 2020, exports totaled 5 292 t, representing a 9.9% advance over the previous year. Over the period from 2017 to 2020, exports grew by 31.1%, with a compound annual growth rate of 9.4%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, t

From 2017 to 2020, Slovenia, Bosnia and Herzegovina, and Serbia formed the core of Croatia's exports in kind. Slovenia accounted for 29.0% of exports, Bosnia and Herzegovina for 23.3%, and Serbia for 15.9%. Together, these three countries represented 68.3% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Croatia in kind, 2017-2020

Exports in value, K $ US

Croatia's exports of electric accumulators and parts thereof in value terms increased for the second consecutive year. In 2018, exports reached their minimum of 13 188 K $ US, with the largest decline of 3.1%. The following year, in 2019, exports recorded the largest increase of 31.4%. By 2020, exports amounted to 20 800 K $ US, equivalent to a 20.0% gain compared to the previous year. Over the period from 2017 to 2020, exports grew by 52.8%, with a compound annual growth rate of 15.2%.

Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US

From 2017 to 2020, Slovenia, Bosnia and Herzegovina, and Serbia were the main destinations for Croatia's exports in value terms. Slovenia accounted for 23.0% of exports, Bosnia and Herzegovina for 18.1%, and Serbia for 13.9%. Together, these three countries represented 54.9% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Croatia in value, 2017-2020

Imports electric accumulators and parts thereof to Croatia

Imports in kind, t

Croatia's import volume of electric accumulators and parts thereof increased for the second consecutive year. In 2018, imports reached their minimum of 14 726 t, with the largest decline of 3.0%. The following year, in 2019, imports recorded the largest increase of 13.3%. By 2020, imports totaled 17 018 t, which is 2.0% higher than in 2019. Over the period from 2017 to 2020, imports grew by 12.1%, with a compound annual growth rate of 3.9%.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, t

From 2017 to 2020, Italy, Poland, and Czechia were the principal sources for Croatia's imports in kind. Italy accounted for 20.8% of imports, Poland for 20.2%, and Czechia for 13.7%. Together, these three countries represented 54.6% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Croatia in kind, 2017-2020

Imports in value, K $ US

Croatia's imports of electric accumulators and parts thereof in value terms increased for the third consecutive year. By 2020, imports amounted to 65 270 K $ US, up by 5.6% compared to 2019. Over the period from 2017 to 2020, imports grew by 26.7%, equating to an annualized rate of 8.2%.

Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US

From 2017 to 2020, Croatia's imports in value terms relied on a diverse range of partner countries. Italy accounted for 18.5% of imports, Poland for 13.8%, and Germany for 11.6%. Together, these three countries represented 43.9% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Croatia in value, 2017-2020