Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia - 2024

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $385 per unit, dropping by -63.9% against the previous year. In general, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $2,110 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Slovenia ($3,104 per unit), while the price for Spain ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $2,773 per unit, surging by 48% against the previous year. Overall, the export price recorded a significant increase. The pace of growth was the most pronounced in 2014 an increase of 3,033% against the previous year. Over the period under review, the average export prices hit record highs at $4,756 per unit 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 Bosnia and Herzegovina ($44,773 per unit), while the average price for exports to North Macedonia ($269 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+66.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia

In 2022, approx. 1.9K units of weighing machines; having a maximum weighing capacity exceeding 5000kgs were imported into Serbia; picking up by 318% on the previous year. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $739K in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 69%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.682.447.513654.9%
Turkey0.248.997.4128761.8%
Japan0.71.36.1118452.4%
Russia28.798.111110554.1%
Czech Republic5.216.01.568.0135.6%
Croatia4.49.349.230.891.3%
Italy39.021.217.223.9-15.1%
Poland17.121.332.913.6-7.3%
France2.12.94.47.653.5%
SloveniaN/A1410.66.2-79.0%
Bulgaria23.239.822.21.6-59.0%
Denmark76.12.20.71.1-75.6%
Spain22.843.12.4N/A-67.6%
Others89.154.797.299.23.6%
Total34558249073928.9%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Serbia in 2022:

  1. Japan (1044.0 units)
  2. China (441.0 units)
  3. Turkey (113.0 units)
  4. Czech Republic (60.0 units)
  5. France (49.0 units)
  6. Croatia (31.0 units)
  7. Poland (21.0 units)
  8. Russia (20.0 units)
  9. Italy (16.0 units)
  10. Slovenia (2.0 units)
  11. Denmark (1.0 units)
  12. Spain (1.0 units)
  13. Bulgaria (1.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia

For the fourth consecutive year, Serbia recorded growth in overseas shipments of weighing machines; having a maximum weighing capacity exceeding 5000kgs, which increased by 45% to 234 units in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $649K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania34.232.813821684.8%
Montenegro28.820.719.799.351.1%
Austria3.31.816.332.6114.6%
Croatia17.457.317.017.90.9%
BrazilN/A10.312.517.530.3%
Czech Republic7.213.13.814.024.8%
Germany0.10.25.612.8404.0%
Hungary7.20.14.96.6-2.9%
North Macedonia4.76.85.74.80.7%
Kazakhstan0.1N/A0.22.2180.2%
FinlandN/AN/A3.3N/A0%
Others55.753.974.322559.3%
Total15919730264959.8%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Serbia in 2022:

  1. Austria (59.0 units)
  2. Brazil (48.0 units)
  3. Romania (27.0 units)
  4. North Macedonia (18.0 units)
  5. Czech Republic (14.0 units)
  6. Montenegro (13.0 units)
  7. Hungary (11.0 units)
  8. Kazakhstan (7.0 units)
  9. Germany (5.0 units)
  10. Croatia (5.0 units)

Source: IndexBox Market Intelligence Platform

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