Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia - 2023

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia (CIF) - 2022
  2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia (FOB) - 2022
  3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia
  4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $10,357 per ton, which is down by -13.4% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers, natural; alginic acid, its salts and esters, in primary formses increased by +9.6% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 117%. Over the period under review, average import prices hit record highs at $12,155 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,261 per ton), while the price for Lithuania ($4,279 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+116.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $13,778 per ton, remaining constant against the previous year. In general, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. The export price peaked at $18,680 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2013 to 2022, the rate of growth in terms of prices for Montenegro amounted to +13.1% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia

After two years of decline, supplies from abroad of polymers, natural; alginic acid, its salts and esters, in primary formses increased by 31% to 4.6 tons in 2022. Overall, imports, however, continue to indicate a abrupt curtailment.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses rose remarkably to $47K in 2022. In general, imports, however, continue to indicate a abrupt shrinkage.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.314.615.118.0291.5%
France18.48.614.713.0-10.9%
RomaniaN/AN/AN/A6.70%
Italy9.63.9N/A5.1-19.0%
Lithuania3.42.11.22.4-11.0%
Switzerland6.73.13.70.7-52.9%
Norway4.60.1N/AN/A-97.8%
Hungary5.8N/AN/AN/A0%
Denmark7.0N/AN/AN/A0%
Others2.126.07.11.5-10.6%
Total57.958.441.847.3-6.5%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Serbia in 2022:

  1. United Kingdom (2001.0 kg)
  2. Romania (1000.0 kg)
  3. France (726.0 kg)
  4. Lithuania (556.0 kg)
  5. Italy (218.0 kg)
  6. Switzerland (26.0 kg)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia

In 2022, after two years of decline, there was decline in overseas shipments of polymers, natural; alginic acid, its salts and esters, in primary formses, when their volume decreased by 0% to 9 kg. Over the period under review, exports faced a precipitous decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses stood at $124 in 2022. Overall, exports saw a precipitous slump. The smallest decline of 99.9% was in 2020.

Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A1240%
North Macedonia1,821N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,821N/AN/A124-59.2%

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Serbia in 2022:

  1. Turkey (9.0 kg)

Source: IndexBox Market Intelligence Platform

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