Starter Motor Market Overview in Croatia
In value terms, starter motor production rose notably to $ in estimated in export prices. Over the period under review, production, however, recorded prominent growth. The growth pace was the most rapid in 2009 when the production volume increased by % year-to-year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to , production failed to regain the momentum.
The value of the starter motor market in Croatia rose slightly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a strong expansion. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. Over the period under review, the market reached the maximum level in and is expected to retain growth in the immediate term.