Serbia: Citrus Fruit Market 2024

Citrus Fruit Market Size in Serbia

In 2022, the Serbian citrus fruit market decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Citrus Fruit Exports

Exports from Serbia

In 2022, overseas shipments of citrus fruits decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, citrus fruit exports dropped dramatically to $X in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Montenegro (X tons), Bosnia and Herzegovina (X tons) and North Macedonia (X tons) were the main destinations of citrus fruit exports from Serbia, with a combined X% share of total exports. Turkey, Poland, Croatia, Bulgaria and Greece lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Montenegro ($X), Bosnia and Herzegovina ($X) and North Macedonia ($X) constituted the largest markets for citrus fruit exported from Serbia worldwide, together accounting for X% of total exports. Turkey, Poland, Croatia, Bulgaria and Greece lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average citrus fruit export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to Greece ($X 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 Belarus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Serbia

After two years of growth, purchases abroad of citrus fruits decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, citrus fruit imports declined to $X in 2022. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), Greece (X tons) and Spain (X tons) were the main suppliers of citrus fruit imports to Serbia, with a combined X% share of total imports. Croatia, Egypt, South Africa and Argentina lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Greece ($X) and Spain ($X) appeared to be the largest citrus fruit suppliers to Serbia, together comprising X% of total imports. South Africa, Croatia, Argentina and Egypt lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average citrus fruit import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood 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 South Africa ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :