Serbia - Gingerbread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGingerbread Price in Serbia - 2023
Contents:
- Gingerbread Price in Serbia (CIF) - 2023
- Gingerbread Price in Serbia (FOB) - 2022
- Gingerbread Imports in Serbia
- Gingerbread Exports in Serbia
Gingerbread Price in Serbia (CIF) - 2023
In November 2023, the average gingerbread import price amounted to $3,292 per ton, dropping by -44.9% against the previous month. Overall, the import price, however, posted a tangible increase. The growth pace was the most rapid in October 2023 an increase of 88% month-to-month. As a result, import price reached the peak level of $5,977 per ton, and then contracted markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($5,959 per ton), while the price for Bosnia and Herzegovina ($2,035 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Gingerbread Price in Serbia (FOB) - 2022
In 2022, the average gingerbread export price amounted to $2,715 per ton, rising by 22% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $2,771 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,512 per ton), while the average price for exports to Bosnia and Herzegovina ($2,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Gingerbread Imports in Serbia
In 2022, approx. 935 tons of gingerbread were imported into Serbia; picking up by 12% against the previous year's figure. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, gingerbread imports expanded sharply to $2.4M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Gingerbread in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 405 | 683 | 843 | 1,057 | 37.7% |
| Germany | 269 | 412 | 894 | 937 | 51.6% |
| Bosnia and Herzegovina | 681 | 498 | 309 | 329 | -21.5% |
| Others | 59.8 | 140 | 126 | 53.4 | -3.7% |
| Total | 1,414 | 1,733 | 2,172 | 2,377 | 18.9% |
Top Suppliers of Gingerbread to Serbia in 2022:
- Poland (490.1 tons)
- Germany (248.1 tons)
- Bosnia and Herzegovina (178.6 tons)
Gingerbread Exports in Serbia
In 2022, overseas shipments of gingerbread decreased by -11.9% to 46 tons, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. As a result, the exports reached the peak of 87 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, gingerbread exports rose markedly to $125K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -34.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. As a result, the exports attained the peak of $189K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Gingerbread in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 67.2 | 85.6 | 65.3 | 35.6 | -19.1% |
| Romania | N/A | N/A | 1.9 | 22.9 | 1105.3% |
| Australia | 13.5 | 28.0 | 17.2 | 22.3 | 18.2% |
| North Macedonia | 5.7 | 22.1 | 2.2 | 19.8 | 51.4% |
| Montenegro | 8.7 | 8.2 | 10.2 | 11.1 | 8.5% |
| Russia | N/A | N/A | N/A | 7.4 | 0% |
| Slovenia | 7.9 | 8.1 | 10.2 | 5.5 | -11.4% |
| Croatia | N/A | 8.8 | 1.6 | N/A | -81.8% |
| Others | 4.2 | 28.7 | 7.1 | 0.2 | -63.8% |
| Total | 107 | 189 | 116 | 125 | 5.3% |
Top Export Markets for Gingerbread from Serbia in 2022:
- Bosnia and Herzegovina (15.3 tons)
- Romania (8.6 tons)
- North Macedonia (7.6 tons)
- Australia (7.0 tons)
- Montenegro (4.5 tons)
- Slovenia (1.7 tons)
- Russia (1.1 tons)
This report provides an in-depth analysis of the gingerbread market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10721230 - Gingerbread and the like
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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