Serbia - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Mustard Price in Serbia - 2023
Contents:
- Prepared Mustard Price in Serbia (FOB) - 2022
- Prepared Mustard Price in Serbia (CIF) - 2022
- Prepared Mustard Exports in Serbia
- Prepared Mustard Imports in Serbia
Prepared Mustard Price in Serbia (FOB) - 2022
The average prepared mustard export price stood at $1,874 per ton in 2022, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,153 per ton), while the average price for exports to Poland ($1,177 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 Poland (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Mustard Price in Serbia (CIF) - 2022
The average prepared mustard import price stood at $1,737 per ton in 2022, surging by 13% against the previous year. Over the period under review, the import price, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 an increase of 17% against the previous year. The import price peaked at $2,301 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($3,549 per ton), while the price for the Czech Republic ($904 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Mustard Exports in Serbia
Prepared mustard exports from Serbia fell remarkably to 1.1K tons in 2022, shrinking by -16.3% compared with 2021 figures. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 increased by +43.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then fell sharply in the following year.
In value terms, prepared mustard exports contracted to $2M in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $2.1M, and then fell in the following year.
Export of Prepared Mustard in Serbia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 601 | 679 | 670 | 705 | 5.5% |
Croatia | 86.4 | 115 | 470 | 469 | 75.7% |
North Macedonia | 260 | 263 | 276 | 262 | 0.3% |
Montenegro | 211 | 149 | 203 | 233 | 3.4% |
Poland | 0.2 | 9.1 | 193 | 197 | 895.0% |
Switzerland | N/A | N/A | 198 | 46.7 | -76.4% |
Romania | 29.8 | 28.5 | 77.8 | 29.3 | -0.6% |
Others | 5.4 | 15.8 | 34.1 | 48.6 | 108.0% |
Total | 1,195 | 1,259 | 2,121 | 1,991 | 18.5% |
Top Export Markets for Prepared Mustard from Serbia in 2022:
- Bosnia and Herzegovina (327.7 tons)
- Croatia (220.2 tons)
- Poland (166.9 tons)
- North Macedonia (156.3 tons)
- Montenegro (131.8 tons)
- Romania (16.3 tons)
- Switzerland (13.5 tons)
Prepared Mustard Imports in Serbia
In 2022, supplies from abroad of prepared mustard decreased by -17.4% to 266 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 89%. As a result, imports attained the peak of 329 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, prepared mustard imports declined to $462K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 73%.
Import of Prepared Mustard in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 149 | 155 | 150 | 198 | 9.9% |
Czech Republic | N/A | 53.0 | 58.6 | 81.0 | 23.6% |
Hungary | 8.7 | 21.4 | 40.7 | 63.1 | 93.6% |
France | 41.5 | 56.1 | 90.6 | 40.7 | -0.6% |
Germany | 21.9 | 114 | 96.8 | 22.0 | 0.2% |
United Kingdom | 7.8 | 7.5 | 8.0 | 18.4 | 33.1% |
Sweden | 14.0 | 13.2 | 17.2 | 10.8 | -8.3% |
Others | 6.7 | 12.5 | 34.9 | 28.2 | 61.5% |
Total | 249 | 432 | 497 | 462 | 22.9% |
Top Suppliers of Prepared Mustard to Serbia in 2022:
- Poland (109.5 tons)
- Czech Republic (89.6 tons)
- Hungary (20.7 tons)
- France (11.5 tons)
- Germany (9.2 tons)
- United Kingdom (8.1 tons)
- Sweden (8.1 tons)
This report provides an in-depth analysis of the prepared mustard 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 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
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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