| Product Code: ETC4920623 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Croatia continued to see a significant influx of electrical steel imports, with top exporters including Japan, Germany, USA, Austria, and Poland. The market remained highly concentrated, with a consistently high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 17.57% between 2020-2024, the growth rate experienced a slight decline of -20.74% from 2023 to 2024. These trends suggest a dynamic landscape for electrical steel imports in Croatia, influenced by a variety of global factors impacting trade dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Croatia Electrical Steel Market Overview |
3.1 Croatia Country Macro Economic Indicators |
3.2 Croatia Electrical Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Croatia Electrical Steel Market - Industry Life Cycle |
3.4 Croatia Electrical Steel Market - Porter's Five Forces |
3.5 Croatia Electrical Steel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Croatia Electrical Steel Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Croatia Electrical Steel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Croatia Electrical Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction sector leading to increased demand for electrical steel |
4.2.2 Rising investments in renewable energy projects requiring electrical steel components |
4.2.3 Government initiatives promoting the use of electric vehicles, boosting demand for electrical steel |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production costs of electrical steel |
4.3.2 Competition from alternative materials impacting the market share of electrical steel |
4.3.3 Regulatory challenges related to environmental standards and trade policies influencing market dynamics |
5 Croatia Electrical Steel Market Trends |
6 Croatia Electrical Steel Market Segmentations |
6.1 Croatia Electrical Steel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Croatia Electrical Steel Market Revenues & Volume, By Grain-oriented, 2021-2031F |
6.1.3 Croatia Electrical Steel Market Revenues & Volume, By Non-grain-oriented, 2021-2031F |
6.2 Croatia Electrical Steel Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Croatia Electrical Steel Market Revenues & Volume, By Energy, 2021-2031F |
6.2.3 Croatia Electrical Steel Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Croatia Electrical Steel Market Revenues & Volume, By Household Appliances, 2021-2031F |
6.2.5 Croatia Electrical Steel Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 Croatia Electrical Steel Market Revenues & Volume, By Others, 2021-2031F |
6.3 Croatia Electrical Steel Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Croatia Electrical Steel Market Revenues & Volume, By Transformers, 2021-2031F |
6.3.3 Croatia Electrical Steel Market Revenues & Volume, By Motors, 2021-2031F |
6.3.4 Croatia Electrical Steel Market Revenues & Volume, By Inductors, 2021-2031F |
6.3.5 Croatia Electrical Steel Market Revenues & Volume, By Others, 2021-2031F |
7 Croatia Electrical Steel Market Import-Export Trade Statistics |
7.1 Croatia Electrical Steel Market Export to Major Countries |
7.2 Croatia Electrical Steel Market Imports from Major Countries |
8 Croatia Electrical Steel Market Key Performance Indicators |
8.1 Average selling price of electrical steel |
8.2 Capacity utilization rate of electrical steel manufacturers |
8.3 Number of new renewable energy projects using electrical steel components |
8.4 Percentage of electric vehicles in the total automotive market |
8.5 Investments in research and development for improving electrical steel properties |
9 Croatia Electrical Steel Market - Opportunity Assessment |
9.1 Croatia Electrical Steel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Croatia Electrical Steel Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Croatia Electrical Steel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Croatia Electrical Steel Market - Competitive Landscape |
10.1 Croatia Electrical Steel Market Revenue Share, By Companies, 2024 |
10.2 Croatia Electrical Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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