Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia (CIF) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia (CIF) - 2022
In 2022, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $381 per ton, increasing by 7.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2016 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 the Netherlands ($461 per ton), while the price for Germany ($276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia (FOB) - 2022
In 2022, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $384 per ton, growing by 31% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables; potatoes (other than seed), fresh or chilleds increased by +29.8% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 42% against the previous year. The export price peaked at $441 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
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 Russia ($859 per ton), while the average price for exports to Bulgaria ($124 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 Montenegro (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia
In 2022, imports of vegetables; potatoes (other than seed), fresh or chilleds into Serbia soared to 43K tons, rising by 132% compared with 2021 figures. Over the period under review, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $16M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.7 | 1.0 | 4.5 | 11.1 | 86.9% |
| Germany | 0.2 | N/A | 0.3 | 2.2 | 122.4% |
| Netherlands | 0.9 | 0.9 | 1.0 | 1.7 | 23.6% |
| Poland | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Belarus | 1.6 | N/A | N/A | 0.3 | -42.8% |
| Russia | 2.6 | 0.1 | N/A | N/A | -96.2% |
| Italy | 1.3 | 0.5 | N/A | N/A | -61.5% |
| Others | 1.0 | 0.6 | 0.7 | 0.8 | -7.2% |
| Total | 9.3 | 3.2 | 6.6 | 16.4 | 20.8% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Serbia in 2022:
- France (27.7K tons)
- Germany (7.9K tons)
- Netherlands (3.6K tons)
- Poland (1.1K tons)
- Belarus (0.8K tons)
- Russia (0.1K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia
Exports of vegetables; potatoes (other than seed), fresh or chilleds from Serbia declined dramatically to 3K tons in 2022, dropping by -76.6% compared with the previous year's figure. In general, exports showed a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 65%. As a result, the exports attained the peak of 13K tons, and then dropped remarkably in the following year.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds reduced rapidly to $1.2M in 2022. Over the period under review, exports showed a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 70% against the previous year. As a result, the exports attained the peak of $3.8M, and then fell markedly in the following year.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 689 | 375 | 589 | 781 | 4.3% |
| North Macedonia | 30.3 | 327 | 625 | 174 | 79.1% |
| Russia | N/A | 1,015 | 2,015 | 104 | -68.0% |
| Albania | 251 | 50.2 | 419 | 81.5 | -31.3% |
| Bulgaria | 63.2 | 15.9 | 6.0 | 7.0 | -52.0% |
| Bosnia and Herzegovina | 1,029 | 222 | 38.8 | 4.4 | -83.8% |
| Hungary | 58.2 | 11.2 | 10.6 | N/A | -57.3% |
| United Arab Emirates | 219 | 196 | 4.6 | N/A | -85.5% |
| Romania | 716 | 17.3 | 71.9 | N/A | -68.3% |
| Others | 63.6 | 7.5 | 17.3 | 12.9 | -41.2% |
| Total | 3,120 | 2,238 | 3,797 | 1,165 | -28.0% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Serbia in 2022:
- Montenegro (1801.2 tons)
- North Macedonia (543.6 tons)
- Albania (466.2 tons)
- Russia (120.7 tons)
- Bulgaria (56.7 tons)
- Bosnia and Herzegovina (24.0 tons)
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