Low-voltage switching, protection and connection apparatus market in Croatia

Earlier Report Observations

Between 2018 and 2020, the market for low-voltage switching, protection and connection apparatus in Croatia experienced fluctuations but maintained a baseline demand supported by growing telecommunications infrastructure needs. The launch of the world's longest superconducting energy cable test system in Munich in October 2018 highlighted regional technological advancements, stimulating investment in related low-voltage equipment and fiber optic connectors within Croatia.

Market volume then surged by over 20% in 2021, reaching USD 108.9 million, and continued to expand through 2022. This growth trajectory was further reinforced by the rollout of 5G networks across Croatia, which increased demand for fiber optic connectors and associated switching apparatus. By 2024, the market had grown to USD 127.9 million, reflecting sustained investment in digital infrastructure.

Production low-voltage switching, protection and connection apparatus in Croatia

In value, 2017-2020, K $ US

Croatia's production of low-voltage switching, protection and connection apparatus declined for the third consecutive year. In 2020, output was valued at 29 755 thousand US dollars, showing no significant change compared to 2019. Over the period from 2017 to 2020, production decreased by 29.1%, with a compound annual growth rate of -10.8%.

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

Exports low-voltage switching, protection and connection apparatus from Croatia

Exports in kind, t

After a two-year decline, the volume of low-voltage switching, protection and connection apparatus exported from Croatia increased in 2020. Croatia exported 3 072 tonnes, up by 2.5% from 2019. Over the 2017-2020 period, exports decreased by 21.7%, with a compound annual growth rate of -7.8%. The lowest volume was recorded in 2019 at 2 997 tonnes, while the largest decline occurred in 2018 at 15.3%.

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

From 2017 to 2020, Italy, Germany, and Bosnia and Herzegovina remained the main markets for Croatia's exports of low-voltage switching, protection and connection apparatus in volume terms. Italy accounted for 51.1% of exports, Germany for 28.6%, and Bosnia and Herzegovina for 6.6%, together representing 86.3% 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, M $ US

After a two-year increase, Croatia's exports of low-voltage switching, protection and connection apparatus declined in 2020. The country exported 55.6 million US dollars worth of these goods, marking a modest fall of 8.0% compared to 2019. Over the 2017-2020 period, exports increased by 7%, with a compound annual growth rate of 2.3%. The highest value was recorded in 2019 at 60.4 million US dollars, while the largest increase occurred in 2018 at 11.2%.

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

Throughout 2017-2020, Italy, Germany, and Bosnia and Herzegovina continued to be the primary markets for Croatia's exports of low-voltage switching, protection and connection apparatus in value terms. Italy represented 33.0% of exports, Germany 25.7%, and Bosnia and Herzegovina 13.5%, collectively accounting for 72.2% 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 low-voltage switching, protection and connection apparatus to Croatia

Imports in kind, t

Following a two-year rise, the volume of low-voltage switching, protection and connection apparatus imported into Croatia declined in 2020. Imports reached 4 047 tonnes, which is 9.6% lower than in 2019. Over the 2017-2020 period, imports increased by 17.2%, with a compound annual growth rate of 5.4%. The peak volume was recorded in 2019 at 4 474 tonnes, while the largest increase took place in 2018 at 15.2%.

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

From 2017 to 2020, Italy, Germany, and Slovenia were the key sources for Croatia's imports of low-voltage switching, protection and connection apparatus in volume terms. Italy contributed 20.4% of imports, Germany 18.0%, and Slovenia 14.4%, together making up 52.8% 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, M $ US

After a two-year advance, the value of low-voltage switching, protection and connection apparatus imported into Croatia declined in 2020. Croatia imported 113.0 million US dollars worth of these goods, showing a slight loss of 1.7% compared to 2019. Over the 2017-2020 period, imports increased by 21.2%, with a compound annual growth rate of 6.6%. The maximum value was recorded in 2019 at 114.9 million US dollars, while the largest increase occurred in 2018 at 20.3%.

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

In the period from 2017 to 2020, Germany, Italy, and Slovenia together accounted for 57.0% of Croatia's total imports of low-voltage switching, protection and connection apparatus in value terms, remaining the main destinations. Germany represented 24.1% of imports, Italy 22.5%, and Slovenia 10.4%.

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

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