Fresh Whole Chicken Price in Serbia - 2023

Contents:

  1. Fresh Whole Chicken Price in Serbia (FOB) - 2023
  2. Fresh Whole Chicken Price in Serbia (CIF) - 2022
  3. Fresh Whole Chicken Exports in Serbia
  4. Fresh Whole Chicken Imports in Serbia

Fresh Whole Chicken Price in Serbia (FOB) - 2023

In October 2023, the average fresh whole chicken export price amounted to $2,571 per ton, growing by 2.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in July 2023 an increase of 9.1% against the previous month. As a result, the export price reached the peak level of $2,644 per ton; afterwards, it flattened through to October 2023.

Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Montenegro ($2,968 per ton), while the average price for exports to Bosnia and Herzegovina ($2,241 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Whole Chicken Price in Serbia (CIF) - 2022

In 2022, the average fresh whole chicken import price amounted to $1,936 per ton, jumping by 19% against the previous year. Overall, the import price, however, showed a pronounced contraction. Over the period under review, average import prices hit record highs at $2,723 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -2.9% per year.

Fresh Whole Chicken Exports in Serbia

In 2022, exports of fresh or chilled whole chickens from Serbia shrank sharply to 1.1K tons, with a decrease of -28.1% on the previous year. Over the period under review, exports saw a abrupt curtailment. The smallest decline of -6.8% was in 2021.

In value terms, fresh whole chicken exports dropped significantly to $2.4M in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.4%.

Export of Fresh Whole Chicken in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro2.42.32.31.6-12.6%
Bosnia and Herzegovina0.70.60.60.84.6%
OthersN/AN/AN/AN/A0%
Total3.12.92.92.4-8.2%

Top Export Markets for Fresh Whole Chicken from Serbia in 2022:

  1. Montenegro (758.4 tons)
  2. Bosnia and Herzegovina (367.4 tons)

Fresh Whole Chicken Imports in Serbia

For the third consecutive year, Serbia recorded decline in overseas purchases of fresh or chilled whole chickens, which decreased by -44.2% to 5 tons in 2022. Overall, imports saw a abrupt shrinkage. The smallest decline of -0.8% was in 2020.

In value terms, fresh whole chicken imports fell sharply to $9.7K in 2022. In general, imports showed a drastic downturn. The smallest decline of -6.4% was in 2021.

Import of Fresh Whole Chicken in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/A5.8N/A9.729.3%
Slovenia7.84.96.5N/A-8.7%
United Kingdom0.6N/AN/AN/A0%
ItalyN/AN/A0.6N/A0%
Others8.34.97.5N/A-4.9%
Total16.715.614.69.7-16.6%

Top Suppliers of Fresh Whole Chicken to Serbia in 2022:

  1. Bosnia and Herzegovina (5.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fresh Or Chilled Whole Chickens - Serbia