Serbia - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Serbia - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Drier Price in Serbia - 2023

Contents:

  1. Prepared Drier Price in Serbia (CIF) - 2022
  2. Prepared Drier Price in Serbia (FOB) - 2022
  3. Prepared Drier Imports in Serbia
  4. Prepared Drier Exports in Serbia

Prepared Drier Price in Serbia (CIF) - 2022

The average prepared drier import price stood at $6,144 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared drier import price increased by +65.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($17,500 per ton), while the price for Greece ($4,554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Drier Price in Serbia (FOB) - 2022

The average prepared drier export price stood at $12,081 per ton in 2022, jumping by 25% against the previous year. Overall, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 147% against the previous year. Over the period under review, the average export prices attained the maximum at $14,127 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($14,963 per ton), while the average price for exports to Bosnia and Herzegovina ($4,365 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 (+8.9%).

Prepared Drier Imports in Serbia

In 2022, overseas purchases of prepared driers decreased by -20.6% to 126 tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 62% against the previous year. As a result, imports reached the peak of 250 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, prepared drier imports expanded to $773K in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 31%. As a result, imports reached the peak of $931K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Prepared Drier in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey28336331840112.3%
Italy1121431111192.0%
India94.815299.81167.0%
Greece10518414071.0-12.2%
Spain58.79.17.119.6-30.6%
Slovenia2.62.114.917.789.5%
Netherlands44.559.232.51.5-67.7%
Others11.517.827.827.734.0%
Total7139317517732.7%

Top Suppliers of Prepared Drier to Serbia in 2022:

  1. Turkey (57.6 tons)
  2. Italy (23.7 tons)
  3. India (20.4 tons)
  4. Greece (15.6 tons)
  5. Slovenia (2.8 tons)
  6. Spain (2.8 tons)
  7. Netherlands (0.1 tons)

Prepared Drier Exports in Serbia

In 2022, shipments abroad of prepared driers decreased by -26.4% to 14 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, prepared drier exports fell to $171K in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 8.1% against the previous year. As a result, the exports attained the peak of $187K, and then reduced in the following year.

Export of Prepared Drier in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia153131180150-0.7%
Bosnia and Herzegovina8.341.35.79.85.7%
ItalyN/AN/AN/A8.00%
Others2.10.90.93.922.9%
Total1641731871711.4%

Top Export Markets for Prepared Drier from Serbia in 2022:

  1. Russia (10.0 tons)
  2. Bosnia and Herzegovina (2.2 tons)
  3. Italy (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared drier 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 20302220 - Prepared driers

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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